FOR SALE - William Wright Commercial
1188 Hamilton Street, Vancouver. BC
FOR SALE
• RARE YALETOWN RETAIL INVESTMENT PROPERTY
• INTERNATIONAL TENANT
• LOCATED ONE BLOCK FROM SKYTRAIN • UNDER MARKET LEASE RATES
FOR MORE INFORMATION CONTACT Cory Wright 604.428.5255
OPPORTUNITY
Extremely rare Yaletown retail investment property with international tenant. The subject property is tenanted by Goorin Bros Hat Company since 2009 and is located across the Cactus Club and one block from the Canada Line Skytrain
LEASE TERM
Expires December 31, 2019 plus 1 x 5 year renewal
TENANT
Goorin Bros Hat Company has 33 national and international stores and their brands can be found in such retailers as Harry Rosen and Holts. Goorin Bros is a 100 plus year old family business which was founded in 1895 by Cassel Goorin in Pittsburgh with a horse-drawn cart full of hats and a passion for the craft of making them. In 1921 the business was left to his two sons Ted and Alfred who ran the business until 2005 at which time the business was passed onto Alfred's son Ben who operates the company till this day.
LEGAL ADDRESS
Strata Lot 41 District Lot 541 Group 1 New Westminster District Strata Plan LMS2361
PID
023-394-501
SIZE
+/- 1243 sq ft
NOI
$65,879.00 plus 5% management fee
PRICE
$2,198,000
ZONING HA3
TAXES
$19,525.80 (2016)
STRATA FEE $786.31
TITLE
Treat as clear title
TYPE
Retail Investment Property
OTHER TENANTS The Keg, Cactus Club Cafe, Starbucks, BCAA, Opus Hotel, Dairy Queen, Royal Bank, Blushing Bridal, Rodney's Oyster House, JJ Bean Coffee House, Menchies Ice Cream, Soul Cycle, Yaletown Brew Pub and Liquor Store, CIBC, Flight Center, HSBC, Urban Fair
FOR MORE INFORMATION CONTACT CORY WRIGHT
E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
William Wright Commercial Real Estate Services Inc. 123 - 1020 Mainland Street Vancouver, BC V6B 2T5 T 604.428.5255 | F 604.428.5254 | www.williamwrightcommercial.com
FOR SALE
• RARE YALETOWN RETAIL INVESTMENT PROPERTY
• INTERNATIONAL TENANT
• LOCATED ONE BLOCK FROM SKYTRAIN • UNDER MARKET LEASE RATES
FOR MORE INFORMATION CONTACT Cory Wright 604.428.5255
OPPORTUNITY
Extremely rare Yaletown retail investment property with international tenant. The subject property is tenanted by Goorin Bros Hat Company since 2009 and is located across the Cactus Club and one block from the Canada Line Skytrain
LEASE TERM
Expires December 31, 2019 plus 1 x 5 year renewal
TENANT
Goorin Bros Hat Company has 33 national and international stores and their brands can be found in such retailers as Harry Rosen and Holts. Goorin Bros is a 100 plus year old family business which was founded in 1895 by Cassel Goorin in Pittsburgh with a horse-drawn cart full of hats and a passion for the craft of making them. In 1921 the business was left to his two sons Ted and Alfred who ran the business until 2005 at which time the business was passed onto Alfred's son Ben who operates the company till this day.
LEGAL ADDRESS
Strata Lot 41 District Lot 541 Group 1 New Westminster District Strata Plan LMS2361
PID
023-394-501
SIZE
+/- 1243 sq ft
NOI
$65,879.00 plus 5% management fee
PRICE
$2,198,000
ZONING HA3
TAXES
$19,525.80 (2016)
STRATA FEE $786.31
TITLE
Treat as clear title
TYPE
Retail Investment Property
OTHER TENANTS The Keg, Cactus Club Cafe, Starbucks, BCAA, Opus Hotel, Dairy Queen, Royal Bank, Blushing Bridal, Rodney's Oyster House, JJ Bean Coffee House, Menchies Ice Cream, Soul Cycle, Yaletown Brew Pub and Liquor Store, CIBC, Flight Center, HSBC, Urban Fair
FOR MORE INFORMATION CONTACT CORY WRIGHT
E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
William Wright Commercial Real Estate Services Inc. 123 - 1020 Mainland Street Vancouver, BC V6B 2T5 T 604.428.5255 | F 604.428.5254 | www.williamwrightcommercial.com
