Duncan, BC V9L 3P7,130 Trans Canada Hwy
Duncan, BC V9L 3P7,130 Trans Canada Hwy
Duncan, BC V9L 3P7,130 Trans Canada Hwy
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$3,000,000
Est. payment /mo
0.65 Acres Lot
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UPDATED:

09/18/2024 05:24 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 976486

Rental Info Unrestricted

Annual Tax Amount $35,382

Tax Year 2024

Lot Size 0.650 Acres

Acres 0.65

Property Description

Pleased to present the opportunity to acquire a 100% interest in 130 Trans-Canada Highway, a 28,504 SF corner property located in Duncan, BC, with unobstructed highway frontage. The property is fully leased to The Original Farm on a carefree triple net lease, providing investors with stable cashflow. Leased until September 30, 2035. The building was substantially renovated in 2020 including a new roof, exterior façade, HVAC, landscaping and asphalt. Directly across from Duncan’s main shopping area including Duncan Mall, Duncan Village and Duncan Centre with tenants including Save-On-Foods, BC Liquor Store, London Drugs, Real Canadian Superstore, Starbucks and Tim Horton’s. The 3,872 SF free standing building sits on a large 0.65 acre site with a dedicated left hand turning lane for southbound traffic along the Trans-Canada Highway and exposure to over 31,500 vehicles per day (2021).

Location

Province BC

County Cowichan Valley Regional District

Area Du East Duncan

Zoning HCC

Exterior

Parking On Site 1

Others

Tax ID 004-369-327

Ownership Freehold


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