For Lease · Industrial

A 3024 Barons Rd, Nanaimo

A 3024 Barons Rd, Nanaimo, BC V9T4B5

$16 per sq ft / yr

2,412 SF

Asset Class

Industrial

Size

2,412 SF

Building class

C

Zoning

IM — Medium Industrial

$ / SF

$0

Occupancy

89%

Year Built

1989

Clear height

28 ft

Loading docks

10

About this property

FOR LEASE! 2,412 Sq. Ft. Commercial Space located in the Uplands area of Nanaimo is available for lease. COR3 zoning, Group F2 classification which allows a variety of medium Industrial uses. Please request a package to see full list of permitted uses. Unit A has a front entrance with reception desk and a large open space and side loading dock, 3-piece washroom, 200 Amp Power, own Hydro and Gas meter, gas furnace, and plenty of parking in front. Triple Net Expense is approx. $7.76 per Sq. Ft. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.07%

DSCR

1.00

Going-in cap

5.56%

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
Aurora Legal LLP2,135 SF2027-06

Area demographics

Trade area within 3 miles of the property.

Population

126,438

Households

51,631

Median income

$91,500

Median age

32.5

Daytime population

134,290

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for A 3024 Barons Rd, 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.