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$ 3,000,000
Est. payment | /mo
0.65 Acres Lot
$ 3,000,000
Est. payment | /mo
0.65 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 984679
Rental Info Unrestricted
Annual Tax Amount $35,382
Tax Year 2024
Lot Size 0.650 Acres
Acres 0.65
Property Sub-Type Retail
Property Description
Pleased to present the opportunity to acquire a 100% interest in 130 Trans-Canada Highway, a 28,504 SF corner property located in Duncan, BC, with unobstructed highway frontage. The property is fully leased to The Original Farm on a carefree triple net lease, providing investors with stable cashflow. Leased until September 30, 2035. The building was substantially renovated in 2020 including a new roof, exterior façade, HVAC, landscaping and asphalt. Directly across from Duncan's main shopping area including Duncan Mall, Duncan Village and Duncan Centre with tenants including Save-On-Foods, BC Liquor Store, London Drugs, Real Canadian Superstore, Starbucks and Tim Horton's. The 3,872 SF free standing building sits on a large 0.65 acre site with a dedicated left hand turning lane for southbound traffic along the Trans-Canada Highway and exposure to over 31,500 vehicles per day (2021).
Location
State BC
County Cowichan Valley Regional District
Area Du East Duncan
Exterior
Parking On Site 1
Others
Tax ID 004-369-327
Ownership Freehold
Listed by Colliers
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3775 Panorama Crescent, Chemainus, British Columbia, V0R 1K4, CAN