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Main Photo: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
Photo 1: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
Photo 2: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
Photo 3: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
Photo 4: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
Photo 5: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
Photo 6: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
Status:
For Lease
Prop. Type:
Retail
MLS® Num:
C8060128
Build. Type:
Mixed Use
Situated at the highly visible southeast corner of Rupert Street and East 23rd Avenue, this property at 22 Terrace boasts a premier location in Renfrew Heights. Anchored by Chong Lee Market, the commercial units at 22 Terrace cater to the 98 residential homes above and the surrounding family oriented neighborhood. The property also features 67 underground parking stalls dedicated to the commercial sector for shopping convenience. 3898 Rupert has been approved for a Class 1 restaurant, with venting already roughed-in. The property is a mere 15-minute drive from downtown Vancouver and a 20-minute drive from the Vancouver International Airport. Nearby SkyTrain stations, including Rupert Station and 29th Ave. Stations enhance accessibility, providing easy connectivity to other areas in the lower mainland.
Sale Type:
Lease
Lease Type:
Net
Sublease:
No
Total space avail for lease:
3,151 sq. ft.
Construction:
Other
Building Type:
Mixed Use
Name of Complex/Subdivision:
# Other Units:
Year built:
2023 (Age: 1)
Retail Size:
3,151 sq. ft.
Minimum Divisible Area:
3,151 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CD-1 (700)
Permitted Use:
Retail
Roof:
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Add Rent Per SF:
18.0
Previous Price:
Original Price:
  • Photo 1: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
    Photo 1 of 6
  • Photo 2: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
    Photo 2 of 6
  • Photo 3: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
    Concept Rendering Restaurant
  • Photo 4: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
    Concept Rendering Restaurant
  • Photo 5: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
    Concept Rendering Patio; Rendering only, subject to patio permit approval process from COV
  • Photo 6: 3898 RUPERT Street in Vancouver: Renfrew Heights Retail for lease in "22 Terrace" (Vancouver East)  : MLS®# C8060128
    Concept Rendering Pharmacy
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated June 17, 2024 at 07:05 AM (UTC)
ALEX REN
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