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1978 Cliffe Ave, Suite 1,3 Courtenay East (Courtenay, British Columbia, CA ) Built

SALE PENDING $1,225,000
Brand new, high quality building

Pemberton Holmes Parksville

Bev Voigt Bev Voigt 250-740-5670 (Cell) Request More Info

  • Triple A tenants, long-term lease
  • Type: Commercial
  • Style: Commercial
  • Garage: 5-Stalls
  • Size: 4,333 sq. ft.
  • Development Level: Built
  • Year Built: 2020

Description

Best of the best. First class Triple A tenants in a brand new mixed use building on the Comox Valley’s busiest main route. The province’s Ministry of Children and Family Services has secured 4333sq/ft of mezzanine MU-2 zoned space in Riverwalk Centre with a 4 year lease and options. All TI’s to their account, commencing November 1st, 2018. NOI of $70k/year and a CAP of 5.75%. Included in the lease are 5 underground heated and secure parking stalls. Operating costs of 2.55sq/ft to their account as well. Excellent long term hold with a government lessee in a brand new high quality building. All residential loft units are now sold with only one remaining commercial unit, Riverwalk Centre is a great new addition to the Comox Valley.

Attachments

Brokered and Advertised by : Royal LePage (Comox Valley)
P2#293166547
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Information is deemed to be correct but not guaranteed.

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