3050 Boys Rd, Duncan, BC V9L 6W4

$7,450,000

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Courtesy of Macdonald Commercial Real Estate Services Ltd.

List Price
$7,450,000
Status
ACTIVE
MLS®
1037328
Price Change
▼ $150,000 1783727941
Property Type
Commercial
Acres
1.52
Lot Size
66,308
District
Duncan
Neighbourhood
Du East Duncan

Property Description

New Price, 6.27% cap with a blue-chip long-term tenant in place. 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.

Additional Information

Parking Type
On Site
Taxes
$87,577
Rentals Allowed
Unrestricted

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