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Burnaby retail strata unit in mall sells for $9.35 million

11,596-square-foot retail unit tenanted by a major bank fetches $806 per square foot
DD burnaby retail strata unit HSBC Crystal Mall

An 11,596-square-foot retail unit tenanted by a major bank in Burnaby’s Crystal Mall on Kingsway Avenue has sold for $9.35 million, or $806 per square foot, reports Marcus & Millichap.

Breakdown:

Property type: Retail strata

Number of units: 1

Size: 11,596 square feet

Property location: #2829 - 4500 Kingsway

City: Burnaby, B.C.

Listing price: $9.88 million

Selling price: $9.35 million

Date of sale: August 26, 2019

Bokerage: Marcus & Millichap

Agent: Danny Su