The Vendor has retained Form Retail Advisors Inc. and National Retail Group (the “Co-Listing Agents”) to facilitate the sale of 614 9th Avenue located in Golden, BC (the “Subject Property”).
The Subject Property is comprised of a 13,857 square foot, freestanding building on a 36,036 square foot lot occupied by IGA grocery store on a long-term lease. The IGA is situated adjacent to additional land (approximately 0.28 acres) that is also available for purchase.
614 9TH AVENUE – IGA
- 13,857 square foot freestanding building occupied by IGA grocery store on a long-term lease.
- One of only two large grocery store brands serving the town of Golden and the surrounding area.
- Year 1 NOI of $159,356.
- Offered at $2,550,000 (~6.25% cap rate).
619 & 621 10TH aVENUE – VACANT LAND
- Vacant lands adjacent to the IGA.
- Approximately 0.28 acres.
- C2 – Mixed Use Commercial zoning.
- Offered at $375,000.