2994, 2998 Boys Road, Duncan, BC

  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC
  • 2994, 2998 Boys Road, Duncan, BC

19,000 ft²
Industrial
$6,250,000
Sale


John Morris
John Morris
Coldwell Banker Oceanside Real Estate

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%.


The Space
Asking Price$6,250,000
Available Space19,000 ft²
SourceRealogy

The Building
Property TypeIndustrial
Lot Size41,628 ft²
ZoningL1
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John Morris
John Morris
Coldwell Banker Oceanside Real Estate
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