For Lease · Industrial

B 1013 Old Victoria Rd, Nanaimo

B 1013 Old Victoria Rd, Nanaimo, BC V9R6Z8

$17 per sq ft / yr

4,050 SF

Asset Class

Industrial

Size

4,050 SF

Building class

A

Zoning

IL — Light Industrial

$ / SF

$0

Occupancy

86%

Clear height

18 ft

Loading docks

12

About this property

Excellent South Nanaimo industrial/warehouse opportunity offering approximately 4,050 SF of functional space, including approximately 3,504 SF of warehouse and 546 SF of office. The warehouse features a large, open floor plan with concrete flooring, high ceilings and excellent loading access with one dock-level loading door and three additional grade-level overhead doors. The office area includes a private office and two washrooms, with the balance of the space providing a generous open warehouse area suitable for a variety of industrial, warehouse, distribution and contractor uses. The property also offers rear yard space for outdoor storage and parking. Located in South Nanaimo with convenient access to Highway 1 and approximately 12 minutes to the Duke Point Ferry Terminal. I-2 (Industrial 2) zoning provides for a range of industrial uses. Additional Rent (2026) estimated at $8.16 per Sq Ft. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.61%

DSCR

0.91

Going-in cap

5.06%

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)

TenantAreaExpiry
Cascade Foods Inc.2,008 SF2027-03
Cascade Foods Inc.854 SF2027-03
Cascade Foods Inc.625 SF2027-03

Area demographics

Trade area within 3 miles of the property.

Population

108,996

Households

44,101

Median income

$88,500

Median age

42.6

Daytime population

179,045

5-yr growth

5.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for B 1013 Old Victoria Rd, Nanaimo.

NDA required
  • 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.