1 - 1161 The High Street

Retail · For sale

Asking

$8,520,000

MLS® C8077642

Lot: 302,219,280 sqft
Built: 1996

The property

Great hands-free investment opportunity. High visibility, corner strata unit, with Bank of Montreal as Tenant. BMO has just renewed again, and this time for 10 years. Cap rate is 3.5%, with rental bumps throughout term. Tenant intends to substantially renovate premises. Strata unit is 6,938 sf and is the largest tenant in the building, and as such has by far the most votes. This is a very simple property to own. First time on the market in over 20 years. Building has parking for commercial tenants. Great location in Coquitlam Town Centre.

Facts & features

Costs

Gross taxes (2025): $104,284
Strata maintenance: $3,220 / month

The property

Title: Strata
Zoning: C-7

Listing details

Listing agent: Adam Frizzell

Listed by Lennard Commercial Realty Vancouver Ltd.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.

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