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4715 Trans Canada Hwy 42,036 SF 100% Leased Retail Building Duncan, BC V9L 6E1 $5,149,292 USD ($122.50 USD/SF) 6.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Convenient Location.
- Revenue Growth Potential.
- Exceptional Highway Visibility.
- Excess Land for Future Development.
EXECUTIVE SUMMARY
Colliers is pleased to present the opportunity to acquire the “Whippletree Junction”; a multi-tenant commercial property with excellent visual exposure to the Trans-Canada Highway and long term tenancies in place.
The property is located just south of the City of Duncan and comprised of two separate land parcels totaling ± 10.35 acres allowing for redevelopment potential.
The property is located just south of the City of Duncan and comprised of two separate land parcels totaling ± 10.35 acres allowing for redevelopment potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
42,036 SF
Building Class
C
Year Built
1978
Price
$5,149,292 USD
Price Per SF
$122.50 USD
Cap Rate
6.90%
NOI
$355,301 USD
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.23
Lot Size
4.27 AC
Zoning
C-2A - Rural Commercial 2A Zone
Frontage
558’ on Trans-Canada Highway
NEARBY MAJOR RETAILERS
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4715 Trans Canada Hwy
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