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2900 East Boundary Road,
Westbank Centre Westbank V4T2H2

$4,290,000
Industrial

Main Photo: 2900 East Boundary Road, in Westbank: Industrial for sale : MLS®# 10215445
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Status:
Active
Prop. Type:
Industrial
MLS® Num:
10215445
Build. Type:
Other
***5.9% Cap Rate - Current, 6.2% - Future*** A rare investment opportunity to purchase a 5 unit light industrial zoned development in Westbank, BC. Built in 2010, with over 19,000sq.ft. of floor area, the McDougall Auto Centre has all 5 units fully leased. One unit is leased to a nationally recognized tenant. A fully fenced 2 acre property with 52 outdoor customer/staff parking stalls and 11 grade entry overhead doors (ten 12' high and one 14' high). Up to 20' interior ceiling heights and concrete floors. Each unit has independent heating and cooling systems and there is additional development opportunity on site, as well as an option to purchase the 8-acre light industrial lot right next door to this property. Financing options in place with 125yr head lease. (id:2493)
Property Type:
Industrial
Size Interior:
20,444 sq. ft.
Transaction Type:
For sale
Ownership Type:
Leasehold
Community:
Westbank Centre, The Auto Centre
Building Type:
Other
Fireplace:
No
Acreage:
No
Lot Size:
under 1 acre
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Listed by Coldwell Banker Horizon Realty
Data was last updated March 7, 2021 at 06:45 PM (UTC)
Sage Executive Group
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