- ©MLS C8081003
- Area 3663 sq ft
Description
FULLY LEASED INVESTMENT OPPORTUNITY - BUILDING & LAND ONLY. Fully renovated freestanding 3,663 SF building on 8,415 SF lot in the heart of Agassiz. Secure income from a 10-year net lease (to July 2035) w/ ~9 years remaining - current rent $91,868/yr plus 15% management fee recovery, escalating to $125,714/yr by 2035, plus GST, tenant paying operating costs, taxes & utilities. Tenant is the Broken Whisk, a well-established & highly rated restaurant known for great food and atmosphere, with major improvements incl. covered heated patio w/ sliding glass panels, wood-fired pizza oven & C-Can storage. Lease personally guaranteed w/ one 10-yr renewal option. Set-and-forget net lease investment with a proven hospitality tenant in a growing Fraser Valley community. Contact listing agent for NDA and details. * PREC - Personal Real Estate Corporation (id:48970) Show More
Details
- Constructed Date: 1956
- Property Type: Retail
Ammenities + Nearby
- Storefront
Features
- Central air conditioning
- Outside Storage
Location
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