For Sale - Commercial Properties

Detailed Information

 15 Tenants incl. Anchor tenants, McDonald and Shell Gas

Gross Rent

$600,000+

 5% cap+

 

SALIENT FACTS

Civic Address         4801 & 4799 Joyce Ave Powell River

Legal Description     PL 5095 DL 5306 LD 36 &

                      PL 22041 LT A DL 5306 LD 36

PID                   007-997-019 & 003-015-734

                      012-609-609

Site Area             4.33 Acres (4.01 +0.32)

                      188,614 SF

BD Size               84,379 SF + 4,639 SF

 

Shell lease : Net $96,000  / $100,800 from Jan 2022

McDonald lease : Net $56,000 /  $61,000 from Aug 2021

 

13 other tenants Net Rent : $270,000

Rent roll available upon offer acceptance

Potential for more lease from the storage spaces.

4 Storey Condos developable at the northeast corner lot

 

3 hours drive/ferry from Vancouver / 20 min. flight

Summer Tourist attractions

Camping, Golfing, Diving ,Biking and Fishing

Investment : Enquire Agent

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