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Single-tenant leased Chilliwack retail site sells for $2.56 million

Retail property under long-term lease to a chain restaurant, on a corner location in Chilliwack, sold for full asking price in an off-market deal.
Western Investor Staff
46325 Yale Road, Chilliwack, B.C., NAI
NAI Commercial, Vancouver, for Western Investor

Type of property: Retail

Location: 46325 Yale Road, Chilliwack, B.C.

Number of units:1

Size of property:1,925 square feet

Size of land:18,992 square feet

Land size in acres:0.44 acres

Zoning: CS1 (Commercial service)

List price: $2.56 million

Sale price: $2.56 million

Date of sale: September 30, 2020

Brokerage: NAI Commercial, Vancouver, and London Pacific Property Agents Inc., Vancouver

Brokers: Danny Su of NAI Commercial and Ari Gelmon of London Pacific