23 5725 Vedder Road, Chilliwack | MLS: C8078582

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23 5725 Vedder Road
Garrison Crossing Chilliwack V2R 3N4

$960,000
Retail

Image quality insufficient for description
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8078582
Build. Type:
Freestanding
Excellent investment opportunity to own a retail unit in a brand-new building located in the prime Sardis area. High-traffic location with strong AAA tenant appeal. Tenant is operating a well-established Japanese restaurant, offering a stable and hassle-free investment opportunity. Vedder Village Centre features approximately 68,000 SF of retail space across five buildings, with strong pedestrian and vehicle traffic generated by popular businesses including A&W, Dairy Queen, fitness centre, and other established retailers. Cap rate of 4.3% with lease recently renewed through July 2031, plus an additional 5-year renewal option.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Strata
Property Type:
Retail
Commercial Type:
Retail
Construction:
Concrete Block, Concrete
Name of Complex/Subdivision:
Vedder Village Centre
Building Type:
Freestanding, Quasi Retail, Strip Mall
Home Owners Association:
Yes
Year built:
2008 (Age: 18)
Living Area:
1,367 sq. ft.
Retail Size:
1,367 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Central Air, Forced Air, HVAC System
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, High Speed Internet at Lot Line, Natural Gas Connected, Phone Connected, City Water at Lot Line, Rail Services
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
027501523
Taxes:
$10,766.54 / 2025
Washrooms Female/Male
No
Cooler, Freezer
Handicap Access/Facil
Security System
No
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$930.97
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 23 5725 Vedder Road, Chilliwack | MLS: C8078582
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Listed by Royal Pacific Tri-Cities Realty
Data was last updated June 18, 2026 at 01:35 AM (UTC)
Rod Friesen & Associates
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