Commercial Real Estate in BC

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Status:
Active
Prop. Type:
Retail
MLS® Num:
C8079773
Build. Type:
Mixed Use
New-build retail strata unit leased to Prado Cafe Ltd., an established Vancouver specialty coffee brand, under a long-term triple net (NNN) lease featuring built-in rental escalations, offering secure and growing income supported by a strong covenant tenant. Located within Botanica, a master-planned mixed-use development by Qualex-Landmark, known for quality construction and design, with completion estimated for Fall 2026. Positioned in the Burquitlam-Lougheed Neighbourhood Plan area, one of Metro Vancouver's fastest-growing transit-oriented corridors, with over 15,000 planned homes and 28,000+ residents expected. The unit benefits from excellent exposure near Burquitlam SkyTrain Station, strong pedestrian traffic, and immediate access to surrounding amenities. Prominent corner CRU with two street-front entrances and a dedicated patio, designed to capture high visibility and foot traffic from the rapidly densifying neighbourhood.
Sale Type:
Asset
Ownership:
Strata
Property Type:
Retail
Commercial Type:
Retail
Construction:
Concrete, Frame Wood
Name of Complex/Subdivision:
Botanica
Building Type:
Mixed Use
Home Owners Association:
Yes
Living Area:
1,113 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Natural Gas at Lot Line, Natural Gas Connected
Sewer:
Public Sewer, Sanitary Sewer
Parcel Number:
032001398
Taxes:
$0 / 2026
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$1,437.70
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Marcus & Millichap
Data was last updated June 20, 2026 at 12:40 PM (UTC)
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