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Single-tenant Vernon retail site sells for $2.35 million

Off-market deal involves 5,513-square-foot property on 1.1 acres, tenanted to national restaurant chain.
Hollypark Properties Corp., Vernon, B.C., for Western Investor

Property type: Retail

Location: 5200 Anderson Way, Vernon, B.C.

Tenant: Wings Restaurant and Bar

Size of property: 5,513 square feet

Size of land: 49,179 square feet

Land size in acres: 1.12 acres

Zoning: CD1-Comprehensive Development Area

Sale price:$2.35 million

Date of sale: September 29, 2021

Transaction: Private deal

Buyer: Hollypark Properties Corp., Vernon, B.C.