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#34- 8650 Cinnamon Drive, Burnaby, BC

Active - For Sale

$665,000

This low-maintenance property delivers a solid 5.40% CAP rate and features a long-standing, well-established pizza tenant with a recently renewed lease, ensuring consistent and reliable rental income. Ideally located within a thriving townhome community, the property benefits from steady foot traffic, drawing residents, Forest Grove Elementary students, nearby soccer field visitors, and SFU students.

Don’t miss the chance to acquire this exceptional income-generating asset. Contact the listing agents today for more information.

 

  • Strong Tenant Stability: Long-standing pizza tenant with a renewed lease, ensuring consistent rental income.
  • High Traffic Location: Prime position near a townhome community, school, recreational facilities, and a major university, driving strong customer demand.

About

This low-maintenance property delivers a solid 5.40% CAP rate and features a long-standing, well-established pizza tenant with a recently renewed lease, ensuring consistent and reliable rental income. Ideally located within a thriving townhome community, the property benefits from steady foot traffic, drawing residents, Forest Grove Elementary students, nearby soccer field visitors, and SFU students.

Don’t miss the chance to acquire this exceptional income-generating asset. Contact the listing agents today for more information.

 

features

  • Strong Tenant Stability: Long-standing pizza tenant with a renewed lease, ensuring consistent rental income.
  • High Traffic Location: Prime position near a townhome community, school, recreational facilities, and a major university, driving strong customer demand.
disclaimer

* NOI stands for Net Operating Income. The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.

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