FOR SALE | Single-Tenant Investment Property in New Westminster’s Uptown Core

Address
601 Seventh Avenue, New Westminster, BC
Property Type
For Sale
Size
6,776 SF
  • High-exposure, single-tenant Rexall/Pharma Plus Pharmacies (BC) Ltd. located in New Westminster’s Uptown Core

  • Built in 2014, the Subject Property is reflective of modern building design, featuring high ceilings, extensive glazing, elevator and escalator vertical movement, and complete with secured underground parkade

  • Long-term NNN lease with term until June 30, 2029, including a scheduled rent escalation in July 2024

  • Strategically located along the intersection of Seventh Street and 6th Avenue, and positioned to service the residents of Kelvin, Eastburn, Glenbrooke North, and Queen’s Park

  • Directly across the street from Orr Development’s proposed 29 storey, 237 unit mixed-use high-rise

  • Nearby all essential daily needs shopping, including New Westminster’s main retail destination: Royal City Centre

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