1/311622 Northfield Rd, Nanaimo
1622 Northfield Rd, Nanaimo, BC V9S3A9
$18 per sq ft / yr
1,378 SF
Asset Class
Industrial
Size
1,378 SF
Building class
A
Zoning
IB — Industrial Business
$ / SF
$0
Occupancy
83%
Clear height
27 ft
Loading docks
5
About this property
For Lease! $18.00 per Sq. Ft. plus Triple Net Expense. Situated in the heart of Central Nanaimo’s High Visibility Industrial area, with direct access to the Island Highway North, the Nanaimo Parkway (Hwy 19) and BC Ferries Terminal, this location offers strong demographics and steady vehicle traffic. The property has a 1,378 Sq. Ft. single level building on a busy arterial road in close proximity to other service-industry businesses. Highway Industrial Zoning (I-1) allows a range of uses and is well suited for tenants needing showroom/retail/office space. The interior space with natural light and an open floor plan gives flexibility in the layout. There is 200 Amp Electrical service, a heat pump, pylon signage and plenty of on-site parking available for staff and clients. Available for immediate occupancy. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-3.10%
DSCR
0.83
Going-in cap
4.61%
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 |
|---|---|---|
| Meridian Health Group | 1,141 SF | 2033-11 |
Area demographics
Trade area within 3 miles of the property.
Population
60,953
Households
22,071
Median income
$114,500
Median age
35.1
Daytime population
103,559
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1622 Northfield Rd, Nanaimo.
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.