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Listed by Nick Goulet Macdonald Commercial Real Estate Services Ltd.
$ 7,600,000
Est. payment /mo
New
3050 Boys Rd Duncan, BC V9L 6W4
29,391 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 29,391 sqft
Price per Sqft $258
MLS Listing ID 1037328
HOA Y/N No
Annual Tax Amount $87,577
Tax Year 2025
Lot Size 1.520 Acres
Acres 1.52
Property Sub-Type Industrial
Property Description
6.1% cap rate. Brand new 10-year lease. Zero vacancy. This is the kind of stabilized industrial investment that rarely hits the open market. Anchored by Craftsman Collision (1981) Ltd., a deeply rooted local business with over four decades of operating history, this property offers the kind of tenant covenant that lets an investor sleep at night.
Three legal parcels totaling 1.52 acres, 29,391 SF of solid concrete block construction, 100% leased with a weighted average lease term of 8.6 years. Grade loading, three-phase power, paved yard, and a roof replaced in 2022 mean the heavy lifting has been done.
Recent clean Phase I and II environmental studies on file. Located in Duncan's established Boys Road industrial corridor, just minutes from the Trans-Canada Highway.
Brochure available. Full financials and due diligence package provided upon signed CA.
Three legal parcels totaling 1.52 acres, 29,391 SF of solid concrete block construction, 100% leased with a weighted average lease term of 8.6 years. Grade loading, three-phase power, paved yard, and a roof replaced in 2022 mean the heavy lifting has been done.
Recent clean Phase I and II environmental studies on file. Located in Duncan's established Boys Road industrial corridor, just minutes from the Trans-Canada Highway.
Brochure available. Full financials and due diligence package provided upon signed CA.
Location
Province BC
County North Cowichan, Municipality Of
Community Du East Duncan
Area Duncan
Zoning I-1 (Light Industrial)
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Garage No
Others
Ownership Freehold
Nearby School & Business
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