Property Details
SHOPPING CENTRE FOR SALE
Sold
Asking Price:
$4,125,000
Quilchena Square Shopping Centre, Merritt
Description:
Great opportunity to acquire a fully occupied shopping center in Merritt BC – Get ready for economic boost from insurance claims! 24,040 ft.² of leasable area on just over 1.8 acres with 114 parking stalls and a site coverage of 30.6%. National tenants represent over 80% of the net income: Pharmasave since 1994 and DollarTree, a fortune 500 company, since 2012. Five other smaller local tenants complete diversified income. 4.75% cap on existing income after management vacancy and structural allowances! Zoned C2
Download PDF BrochureCount on Corporate Accord Realty to provide you with the service you expect for your Kelowna Commercial Real Estate investment, lease and sale requirements. We also serve the entire Okanagan.
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