- Build. Type:
- Low Rise (2-4 stories)
Prime CORNER retail investment opportunity in Kitsilano. 2 strata lots are occupied by the very famous and well-established Sunshine Diner. Sunshine Diner is a 1950's themed diner that is open for breakfast and lunch. The premises are in excellent condition and have been renovated. Very stable tenant with 25 years operating. Lease has 10 years ends Dec 2023 with Option to Renew. Rentable area (including gross-up) is 2,522 sf and annual net rent is $138,710. Enjoy the high cap rate (3.75%) and easy management!