Agassiz · BC
7205 Pioneer Avenue
Retail · For sale
Asking
$1,760,000
MLS® C8081003
- Lot
- 8,276.4 sqft
- Built
- 1956
The property
FULLY LEASED INVESTMENT OPPORTUNITY — BUILDING & LAND ONLY. Fully renovated freestanding 3,663 SF building on 8,415 SF lot in the heart of Agassiz. Secure income from a 10-year net lease (to July 2035) w/ ~9 years remaining, featuring built-in annual rent escalations plus a 15% management fee recovery — a 6.00% cap rate on current rent, rising to a 8.20% cap rate on the final-year rent. Tenant pays operating costs, taxes & utilities. Tenant is the Broken Whisk, a well-established & highly rated restaurant known for great food and atmosphere, with major improvements incl. covered heated patio, wood-fired pizza oven & C-Can storage. Lease personally guaranteed w/ one 10-yr renewal option. PLEASE DO NOT DISTURB THE TENANT OR STAFF — no walk-throughs. Buyers & agents may view the interior only as paying restaurant customers. Contact listing agent for NDA and details.
Facts & features
Costs
- Gross taxes (2026)
- $17,373
The property
- Title
- Freehold
- Zoning
- CS1
- Heating
- Heat Pump
- Cooling
- Central Air, Air Conditioning
Features
Listed by RE/MAX Bob Plowright Realty
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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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