For Lease · Specialty

4820 Wallace St, Port Alberni

4820 Wallace St, Port Alberni, BC V9Y3Y2

$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%

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP3,229 SF2028-05
Aurora Legal LLP2,196 SF2028-05
Aurora Legal LLP1,490 SF2028-05
Aurora Legal LLP3,074 SF2028-05

Area demographics

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.

Secure deal room

Confidential diligence documents for 4820 Wallace St, Port Alberni.

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.