SOLD: Riversong in Steveston
Simon Lim and David Taylor are pleased to have acted on behalf of the Vendor in the sale of 3900 & 3971 Bayview Street in Richmond, B.C.
The property comprises a newly constructed open-format retail centre on leasehold land on Steveston’s renowned waterfront. The property is fully leased and includes the adjacent parking lot. Riversong has a leasable area of 9,681 sq ft.
The purchase price was $3,300,000, representing $341 per sq ft. The cap rate was 7.5%.
Own an retail property in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers · 604-761-7044
David Taylor, Colliers — Active Listings & Recent Sales
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