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$14 per sq ft / yr
10,192 SF
Asset Class
Specialty
Size
10,192 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$0
Occupancy
98%
A rare opportunity to lease over 10,000 sq. ft. of versatile commercial space in a well-appointed M1-zoned property. The lease includes the main building and approximately half of the yard, offering excellent flexibility for a variety of light industrial or commercial uses. The upper-level features ample parking, a welcoming foyer, spacious lobby, six private offices, support rooms, storage areas, and restrooms. The lower level provides additional office space, storage, a restroom, a garage, and six over-height vehicle bays with convenient access from the fenced lower yard—ideal for fleet operations, service businesses, manufacturing, or warehousing. This functional and well-designed property is ready to accommodate a wide range of business needs. All measurements are approximate and must be verified if important. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
4.86%
DSCR
1.26
Going-in cap
7.00%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 3,229 SF | 2028-05 |
| Aurora Legal LLP | 2,196 SF | 2028-05 |
| Aurora Legal LLP | 1,490 SF | 2028-05 |
| Aurora Legal LLP | 3,074 SF | 2028-05 |
Trade area within 3 miles of the property.
Population
88,269
Households
32,373
Median income
$82,500
Median age
44.1
Daytime population
82,672
5-yr growth
4.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 4820 Wallace St, Port Alberni.
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.