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2998,2994 Boys Rd, Duncan, BC, V9L 6W4

MLS® # 872629

Investment For Sale In Duncan, British Columbia
$6,250,000
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
2998,2994 Boys Rd, Duncan, BC
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2998,2994 Boys Rd, Duncan, BC, V9L 6W4

$6,250,000

Property Information:

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%.

Property Features:

  • Annual Tax Amount: $1
  • Building Features: Loading Bay(s), Parking, Transit Nearby, Visual Exposure
  • Construction Materials: See Remarks
  • Cooling: Other
  • Exterior Features: Fencing: Full, Lighting, Low Maintenance Yard, Sign: Allowed
  • Floor Space (approx): 19000 Square Feet
  • Flooring: Concrete
  • Foundation Details: Concrete Perimeter
  • Heating: Other
  • Lot Features: Central Location, Cleared, Corner Lot, Easy Access, Landscaped, Level, Rectangular Lot, Serviced, Shopping Nearby
  • Lot Frontage: 41628.49 Square Feet
  • Lot Size: 0.96 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Industrial
  • Road Surface Type: Paved
  • Utilities: Cable Available, Electricity Available, Garbage, Natural Gas Available, Phone Available, Recycling, Underground Utilities
  • Water Source: Municipal
  • Zoning: L-1 (Light Industrial)
  • Sewer:

Courtesy of: Coldwell Banker Oceanside Real Estate

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 2998,2994 Boys Rd, Duncan, BC, V9L 6W4

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Demographic Information of 2998,2994 Boys Rd, Duncan, BC, V9L 6W4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$77,243.76

Average Number of Children

0.98

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.54 %

High school certificate or equivalent

27.02 %

Apprenticeship trade certificate/diploma

26.43 %

College/non-university certificate

16.8 %

University certificate (below bachelor)

3.43 %

University Degree

7.78 %

Commuter

Travel To Work

By Car

94.99 %

By Public Transit

0.0 %

By Walking

0.48 %

By Bicycle

0.0 %

By Other Methods

4.53 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.53 %

Houses

74.54 %

Own Vs. Rent