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  • Vendu
SOLD: New Medical Care Building - #1
SOLD: New Medical Care Building - #2
SOLD: New Medical Care Building - #3
The newly constructed Mission Community Health Centre is located at 7298 Hurd Street in Mission, just across the street from the Mission Memorial Hospital. The Property is improved with a new medical care facility with 26,000 SF of leasable area tenanted by Fraser Health Authority with an 18-year term, providing secure long-term cash flow. This property has a highly sought after attributes that include steady income, prime medical office space and a location in a growing residential area.

Fraser Health is one of Canada’s fastest growing health authorities and provides a wide range of integrated health care services to more than 1.6 million people living in communities stretching from Burnaby to White Rock to Hope. Services provided by Fraser Health include primary health care, community home care, mental health and addictions, acute medical, and surgical services.

The surrounding area of Mission has experienced significant population growth and development in recent years. In addition, Hurd Street is located just off Lougheed Highway, one of Metro Vancouver’s primary traffic arterials with traffic of approximately 38,560 vehicles per day.

The property's net operating income for years 1 is approximately $601,018, which will increase to $803,237 in year three due to the addition of extra space to the tenant.
  • 05/04/2014
  • SOLD: 7298 Hurd Street, Mission, BC