Overview

Colliers is pleased to present this opportunity to acquire a property within one of Richmond’s most popular entertainment centres. Situated within the popular Riverport Entertainment Business Park at the intersection of Steveston Highway and Entertainment Boulevard in East Richmond. With easy access from Knight Street Bridge and Highway 99, this multiplex draws customers from as far away as Surrey/Delta to the east and Vancouver to the northwest.

  • Address Richmond
  • Status Sold
  • Property Type Retail
  • Land Area166,834 SF
  • Building Size49,717 SF
  • Asking Price$19,500,000

Features

  • Rare opportunity to acquire assets at an income producing attractive yield
  • Complementary entertainment and hospitality amenities located within the same complex drive exposure and customer traffic
  • Future redevelopment potential given land size and “General Urban” designation in the Metro Core Plan
  • Located adjacent to rental residential uses to the east and designated industrial use to the west and north, providing opportunities for future growth
  • Convenient transportation access to Highway 99, the East-West connector, Steveston Highway and Knight Street
  • Extremely difficult to find similar quality investment product with a 4.60% return

Location

Address

14100 Entertainment Boulevard, Richmond

Enquiry

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