- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1037328
- Photos (8)
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6.1% cap rate. 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.
- Property Type:
- Commercial Sale
- Type:
- Industrial
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Du East Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.522 acre(s)
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- District of North Cowichan
- Legal Description:
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- Zoning:
- I-1 (Light Industrial)
- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- May 19, 2026
- Original Price:
- 7600000.0
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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated May 20, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $1,650,000
- Min list price:
- $600,000
- Max list price:
- $9,475,000
- Avg days on market:
- 47
- Min days on market:
- 5
- Max days on market:
- 340
These statistics are generated based on the current listing's property type
and located in
Du East Duncan. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- KRISTIE HAZ
- EXP REALTY
- 1 (250) 8830477
- Contact by Email
KRISTIE HAZ
Personal Real Estate Corporation
Location
Vancouver Island, BC
