Logan Crossing.
32559 Logan Avenue, Mission
Gallery
Sale Information
This property was sold in May 2024. For more information on this property or future investment opportunities, please contact Vedderbrook Properties.
Acquisition Date | January 2023 | Sale Date | May 2024 |
Acquisition Price | $3,672,500 | Sale Price | $4,900,000 |
Acquisition NOI | $113,256 | Sale NOI | $243,294 |
Annualized Rate of Return | 22.6% | ||
LP Cash-on-Cash Return | 30.2% |
Property Overview
Logan Crossing is made up of 10,885 SQFT of retail within two buildings over 1.13 acres of land, located in one of the city's highly desired retail corridors. Situated in a prime retail area, this property enjoys a coveted location in Mission, BC. Nestled just off the bustling Lougheed Highway, the property features convenient access to a diverse range of shops, restaurants, and amenities. This sought-after neighbourhood is a hub of activity, attracting both local residents and visitors from afar.
Vedderbrook Properties sold this property in May 2024.
Address | 32559 Logan Avenue, Mission |
Leasable Size | 10,885 SQFT |
Site Size | 49,223 SQFT (1.13 acres) |
Parking | 30 stalls |
Construction Year | 1992 |
Tenants | 6 |
