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REDUCED - INCOME GENERATING AND DEVELOPMENT 7408 Highway 101

17,972 SF 100% Leased Retail Building Powell River, BC V8A 0R1 £3,536,270 (£197/SF) 7% Net Initial Yield

Shops & Retail Properties British Columbia Powell River 7408 Highway 101, Powell River, BC V8A 0R1

Investment Highlights

  • Robust improvements and long-term ground lease options.
  • Significant growth potential from storage expansion.
  • With multiple revenue streams.

Executive Summary

This business offers over four acres of real estate with robust improvements and long-term ground lease options. Apart from long-term tenancy, it also derives passive income from 72 self-storage units and a rental duplex. With multiple revenue streams and significant growth potential from storage expansion, the business presents a lucrative opportunity amidst a growing economy.

Attachments

Brochure

Property Facts

Sale Type
Investment
Sale Conditions
Excess Land
Property Type
Retail
Building Size
17,972 SF
Year Built
1970
Price
£3,536,270
Price Per SF
£197
Net Initial Yield
7%
NOI
£247,539
Percent Leased
100%
Number of Floors
1
1 of 1
  • Pino Bacinello
    Pino Bacinello
  • Sunbelt Business Brokers Pacific Inc.
(866) 607-3184

  • Listing ID: 33523643

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: 7408 Highway 101, Powell River, BC V8A 0R1

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REDUCED - INCOME GENERATING AND DEVELOPMENT | 7408 Highway 101
(866) 607-3184 x

REDUCED - INCOME GENERATING AND DEVELOPMENT | 7408 Highway 101

Pino Bacinello

(866) 607-3184

(866) 607-3184

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