1/2759 Vanalman Ave, Saanich
759 Vanalman Ave, Saanich, BC V8Z3B8
$8.5M total
21,264 SF
Asset Class
Industrial
Size
21,264 SF
Building class
B
Zoning
IB — Industrial Business
$ / SF
$399
Occupancy
93%
Lot Size
0.99 ac
Clear height
33 ft
Loading docks
7
About this property
Prime opportunity to acquire a 21,264 SF uniquely positioned flex industrial building on a 0.98-acre site in Saanich’s sought-after Royal Oak Industrial area. The well-maintained property offers a versatile mix of office, warehouse, and industrial space, with functional layouts, quality improvements, ample on-site parking, storage options, and excellent signage opportunities. Warehouse areas feature generous ceiling heights and grade-level loading, supporting a variety of storage, distribution, light industrial, and commercial uses. Ideally located with convenient access to Pat Bay Highway and Highway #1, providing efficient connectivity throughout Greater Victoria, the North Island, BC Ferries, and Victoria International Airport. An exceptional opportunity to acquire a substantial, well-positioned commercial asset in one of Saanich’s established industrial nodes. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$39K
Projected NOI
$461K
Annual cash flow
$-10K
Cash-on-cash
-0.38%
DSCR
0.98
Going-in cap
5.43%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 11,137 SF | 2033-07 |
| Lakeview Physiotherapy | 8,639 SF | 2033-07 |
Area demographics
Trade area within 3 miles of the property.
Population
65,036
Households
26,628
Median income
$127,000
Median age
38.2
Daytime population
87,176
5-yr growth
8.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 759 Vanalman Ave, Saanich.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.