6 4800 Island Hwy N, Nanaimo6 4800 Island Hwy N, Nanaimo — photo 26 4800 Island Hwy N, Nanaimo — photo 36 4800 Island Hwy N, Nanaimo — photo 46 4800 Island Hwy N, Nanaimo — photo 56 4800 Island Hwy N, Nanaimo — photo 66 4800 Island Hwy N, Nanaimo — photo 76 4800 Island Hwy N, Nanaimo — photo 86 4800 Island Hwy N, Nanaimo — photo 96 4800 Island Hwy N, Nanaimo — photo 106 4800 Island Hwy N, Nanaimo — photo 116 4800 Island Hwy N, Nanaimo — photo 126 4800 Island Hwy N, Nanaimo — photo 136 4800 Island Hwy N, Nanaimo — photo 146 4800 Island Hwy N, Nanaimo — photo 156 4800 Island Hwy N, Nanaimo — photo 166 4800 Island Hwy N, Nanaimo — photo 176 4800 Island Hwy N, Nanaimo — photo 18
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For Lease · Office

6 4800 Island Hwy N, Nanaimo

6 4800 Island Hwy N, Nanaimo, BC V9T1W6

$26.5 per sq ft / yr

943 SF

Asset Class

Office

Size

943 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

99%

About this property

Lakeside Centre – Excellent highway exposure and a highly visible commercial location. This fully improved 943 sq. ft. unit offers an excellent opportunity. Flexible COR3 zoning supports a broad range of commercial uses, including office, retail, and other professional services. The unit features two entrances, a private small boardroom, spacious open work/reception area, and a large rear office with its own separate entrance. The rear office is currently rented to a counsellor, providing supplemental income, with the tenant willing to remain or vacate with notice. Excellent natural light, attractive interior finish, ample parking and prominent pylon signage provide outstanding visibility and accessibility. Located in Lakeside Centre with established neighbouring businesses and direct exposure to North Island Highway. Ideal for retail, office, professional, medical/wellness or service-oriented businesses. A rate commercial opportunity in a well-established Nanaimo location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$27
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

5.99%

DSCR

1.32

Going-in cap

7.34%

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
Halcyon Wealth Partners400 SF2028-08
Halcyon Wealth Partners400 SF2028-08
Halcyon Wealth Partners400 SF2028-08

Area demographics

Trade area within 3 miles of the property.

Population

116,794

Households

45,793

Median income

$101,000

Median age

33

Daytime population

189,531

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 6 4800 Island Hwy N, 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.