Charles Zhou  778-855-1110  charleszhou@remax.net

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150 5555 GILBERT Road in Richmond: Brighouse Retail for sale : MLS® # C8012807

150 5555 GILBERT Road Richmond V7C 0B8 : Brighouse

Main Photo: 150 5555 GILBERT Road in Richmond: Brighouse Retail for sale : MLS® # C8012807
$10,900,000
Prop. Type:
Retail
MLS® Num:
C8012807
Status:
Active
Build. Type:
Condo Strata Complex
Opportunity to acquire brand new retail strata unit in the heart of Richmond’s Oval Village with long term leases in place with Dinesty Dumpling House. Dinesty Dumpling house is fixturing and will be opening soon. The unit has approximately 21,374 SF of Gross Area with 19,017 SF of Rentable Area with a 10 year lease term and built in rental escalations. The property generates an income of $380,340 per annum. Dinesty Dumpling House first opened on the corner of Akroyd and No. 3 Road in Richmond. Well known for its handcrafted soup dumplings, the restaurant has won awards including Diner’s Choice “Best Dining Enviornment”, “Best Shanghainese Restaurant” and “Best Xiao Long Bao”. The success of Dinesty Dumpling House has allowed the business to grow an additional four locations in the last 4 years.
Sale Type:
Asset
Property Type:
Retail
Construction:
Concrete Block
Building Type:
Condo Strata Complex, Mixed Use
Year built:
2017 (Age: 0)
Total Floor Area:
Switch units of measure19,017 sq. ft.
Land Use/Zoning:
RCL3
Taxes:
$0 / 2017
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
Listed by Form Retail
Listing information last updated on Nov 22, 2017 7:05 PM
CHARLES ZHOU PREC