Located in the Royal Oak Industrial Park just of the Pat Bay Highway allowing easy access to downtown Victoria, the airport, the ferry terminal and all major island highways. Units 1 & 2 are leased as a pair with unit one the corner unit offering high visibility from Glanford & Vanalman Avenues. M - 3 Industrial Park Zone allows a mixture of warehouse, work shop and office with retail incidental to the warehouse allowed. Lease rate is $16.00 sq. ft. triple net with operating costs of approx $3.60 sq. ft. There are a minimum of 9 parking spaces available. The owner is not interested in selling the units.
Title:
Freehold/Strata
Transaction Type:
Includes Building:
No
Includes Business:
No
Includes Land:
No
Sale/Lease Type:
Lease Absolute Net
Possession:
Possession Notes:
Taxes:
$5,703.17 (2020)
Year Built:
1989
Additional Rent/SqFt:
3.60
Existing Lease Expiration Date:
Business Name:
Business Established:
Gross Income:
Net Income:
Building Details
Building Features:
High Traffic Area,Loading Bay(s),Parking
Building Type:
Accessibility:
Construction Foundation:
Slab
Exterior Finish:
Awning(s)
Exterior Features:
Awning(s)
Cooling:
Heat:
Electric
Approx. Value of Fixed Equip:
Parking Spaces:
Stories:
2
Lot Information
SqFt:
3397
Acres:
0.08
Total SqFt:
5000
Lot:
irregu
Lot Shape:
Lot Features:
Level
Lot Frontage:
Water:
Municipal
Waste:
Sewer To Lot
Parking:
Location Features:
Level
Strata Information
Complex:
Managed By:
Monthly Assessment:
$
Shared Amenities:
Listed with:
DFH Real Estate Ltd.
