Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
For Sale, Retail

Richmond Bank Property Sells in $5.25M Deal

A single-tenant TD Bank property located at 3960 Francis Road in Richmond has sold.

Details:

  • 4,260 SF
  • Leased until 2029 (1 x 5 years renewal option)
  • $52.50 per SF NNN
  • Sold for $5,250,000
    • $1,232/SF
    • 4.5% cap rate

The property had been listed for sale for $5,590,000.

The listing agent for the property was Marcus & Millichap.

January 14, 2026by david.taylor@colliers.com

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