Address
2998,2994 Boys Rd Duncan, BC
Price
$ 6,250,000
Property Attributes
  • ID#872629
  • TypeMulti-Family
  • CityDuncan
  • AreaCowichan Valley Regional District
  • NeighbourhoodDuncan
  • Postal CodeV9L 6W4
  • Style
  • Taxes1
  • Price$ 6,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19000
  • Lot Size0.96 Acres
Listing Provided Courtesy Of:
John Morris with Coldwell Banker Oceanside Real Estate
Data Source:
RLP - CREA EN
Property Description

2994 and 2998 Boys Rd. to be sold in combination and includes 19,000 sqft of light industrial warehouse space plus mezzanine space. 9,000 sqft plus mezzanine levels of fully leased, recently renovated building, 10,000 sqft of space presently under construction with 6,000 sqft pre-leased to a high quality single tenant. 4,000 sqft held for possible owner occupier. Alternatively, the 4,000 sqft can be leased @ $17/sqft as either one or two units. Possession and Completion upon receiving an occupancy permit from the CVRD on the 2nd building. Construction completion estimated to be between 4-6 months. Duncan has high demand for Light Industrial space with a significant shortage of supply. Conveniently located to serve southern Vancouver Island. All sizes approximate and to be verified if important to the buyer. At full occupancy the Cap Rate is approximately 5.6%.

Exterior Features

Lot Frontage 41628.49
Lot Size 0.96
Jumpid 14829186

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V9L 6W4

Price
AVG $6.25M
$6.25M
Taxes
AVG $1
$1
Visits
AVG 73
73
Walkscore
AVG 31
31
Data Provided by Walkscore ® not using MLS data