For Sale · Industrial

35105 700 Shawnigan Lake Rd, Malahat

35105 700 Shawnigan Lake Rd, Malahat, BC V0R2L0

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

97%

Clear height

34 ft

Loading docks

10

About this property

Malahat Industrial Center, just south of Shawnigan Lake. Excellent access to the Trans Canada Highway, with drive times of 30 minutes to Duncan, 1 hour 11 minutes to Nanaimo, and 19 minutes to Langford. This 2,100 SF strata unit includes 1,554 SF on the main floor plus a 545 SF unfinished mezzanine. The unit offers abundant natural light with front and back entry. Zoned I-1A (CVRD) – Special Light Industrial – allowing for a wide range of uses including warehousing, storage, freight handling, and light industrial operations. Includes 200 amp 3-phase power, 2-piece washroom, 14' overhead service door, manual garage door, two man doors, and ¾” waterline. Loads of on-site parking stalls and direct front loading access. Available immediately. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

96,758

Households

38,622

Median income

$108,000

Median age

44.4

Daytime population

152,548

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 35105 700 Shawnigan Lake Rd, Malahat.

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.