For Sale · Industrial

40-46 Vic Turner Airport Road, Dawson Creek

40-46 Vic Turner Airport Road, Dawson Creek, BC V1G0G1

$4.3M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

90%

Year Built

2014

Lot Size

3.97 ac

Clear height

25 ft

Loading docks

6

About this property

PRIME COMMERCIAL INVESTMENT OPPORTUNITY! Exceptional highway exposure and a long-term tenant make this an outstanding investment! Situated on 3.972 acres, this fully fenced commercial property features two impressive shop buildings totaling 19,172 sq. ft. The 10,870 sq. ft. shop offers 5 spacious bays, a custom-built wash bay complete with catwalks, and living quarters. The second 8,302 sq. ft. shop features 3 drive-through bays plus dedicated office space, providing a functional layout for industrial operations. The expansive fenced yard offers ample room for equipment, fleet parking and outdoor storage. With excellent highway visibility and a long-term tenant in place under a 6-year lease, this property presents an attractive opportunity for investors seeking an established income-producing commercial asset. A rare opportunity to acquire nearly 4 acres of prime commercial property with substantial improvements and excellent exposure! Offered at $4,250,000. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4.25M
Down payment30% · $1.27M
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$20K

Projected NOI

$242K

Annual cash flow

$6K

Cash-on-cash

0.50%

DSCR

1.03

Going-in cap

5.69%

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.

Area demographics

Trade area within 3 miles of the property.

Population

58,784

Households

23,860

Median income

$73,000

Median age

41.6

Daytime population

77,202

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 40-46 Vic Turner Airport Road, Dawson Creek.

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.