1/12205 1120 Industrial Way, Parksville
205 1120 Industrial Way, Parksville, BC V9P2W8
Price on request
1,500 SF
Asset Class
Industrial
Size
1,500 SF
Building class
C
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
85%
Clear height
25 ft
Loading docks
7
About this property
Located in the heart of the Parksville industrial Park, this unit is 1500 sqft in the 1120 Industrial Way property with other high visibility/successful business operations. This unit offers High ceilings 20'+, 14' overhead door and sodium vapor lights. Excellent ingress and egress with easy access to Island Hwy and scales. Surrounded by a number of quality established businesses. Looking for a prime location? Need 1500 sqft? This is the property to look at. Industrial I1 zoning for a multitude of uses. The Bay measures internal approximately 25ft wide by 60ft deep. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.97%
DSCR
0.84
Going-in cap
4.65%
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 |
|---|---|---|
| Blue Harbour Design | 640 SF | 2028-07 |
| Blue Harbour Design | 400 SF | 2028-07 |
| Blue Harbour Design | 400 SF | 2028-07 |
Area demographics
Trade area within 3 miles of the property.
Population
114,537
Households
49,153
Median income
$95,000
Median age
44.5
Daytime population
114,081
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 205 1120 Industrial Way, Parksville.
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.