For Sale · Industrial

5264 Boal Rd, Duncan

5264 Boal Rd, Duncan, BC V9L6W3

$795,000 total

976 SF

Asset Class

Industrial

Size

976 SF

Building class

C

Zoning

IB — Industrial Business

$ / SF

$815

Occupancy

93%

Lot Size

0.35663452708907256 ac

Clear height

30 ft

Loading docks

3

About this property

Prime small-lot industrial property in the heart of the Cowichan Valley’s main industrial area, just south of Duncan. Features a 976 sq ft three-bedroom, one-bathroom residence plus outbuildings, including an approximate 480 sq ft enclosed shop, large covered paved work area, and an industrial storage tent. Ideal for an owner-occupier or small business serving southern Vancouver Island. Convenient access and flexible industrial zoning support a wide range of uses. House is currently owner-occupied and will be vacant on possession. Priced below assessed value to accommodate the 75 days required for the seller to relocate and remove personal belongings on the property. Buyers to verify all sizes, functionality / condition, and permitted uses. Please do not approach the owner. All measurements approximate. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$795K
Down payment30% · $239K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$35K

Annual cash flow

$-9K

Cash-on-cash

-3.60%

DSCR

0.81

Going-in cap

4.46%

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.602 SF2029-11
Cascade Foods Inc.400 SF2028-11
Cascade Foods Inc.400 SF2028-11
Cascade Foods Inc.400 SF2028-11

Area demographics

Trade area within 3 miles of the property.

Population

59,173

Households

23,241

Median income

$99,500

Median age

34.2

Daytime population

50,382

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 5264 Boal Rd, Duncan.

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.