888 Fort St, Victoria
888 Fort St, Victoria, BC V8W1H2
$1.1M total
17,620 SF
Asset Class
Office
Size
17,620 SF
Building class
A
Zoning
CO — Commercial Office
$ / SF
$62
Occupancy
83%
Lot Size
0.15426997245179064 ac
About this property
NAI Commercial is pleased to present the opportunity to purchase a forty (40%) percent interest in a landmark downtown building. Conveniently located at t the corner of Fort and Quadra. Investors and owner occupiers will appreciate the ability to purchase a turnkey well-run building with an opportunity for significant upside. The building consist of fully improved office space with options that could be occupied by an owner user. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$62K
Annual cash flow
$1K
Cash-on-cash
0.33%
DSCR
1.02
Going-in cap
5.64%
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 |
|---|---|---|
| Summit Trades Supply | 7,706 SF | 2033-11 |
| Summit Trades Supply | 3,625 SF | 2033-11 |
| Prairie Coffee Roasters | 3,259 SF | 2033-11 |
Area demographics
Trade area within 3 miles of the property.
Population
138,568
Households
53,004
Median income
$77,000
Median age
41.7
Daytime population
226,902
5-yr growth
7.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 888 Fort St, Victoria.
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.