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Investment, Retail

2999 Grandview Highway, Vancouver Sold

After nearly 6 months on the market, 2999 Grandview Highway, a retail property fully leased to the Brick, has sold for $11,675,000, representing $330 per sq ft., and a 5.5% cap rate. The Brick occupies 35,000 SF on a long-term lease with options.streetviewThe property is 1.45 acres and zoned CD for retail use. It is located on the North side of Grandview Highway near Renfrew Street.

April 4, 2013by david.taylor@colliers.com

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