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.
Own an retail property in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers · 604-761-7044
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