250-351-4617 info@karinjefferies.ca


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2900 East Boundary Road, Westbank, British Columbia V4T 2H2

20444 sqft

$4,290,000

***5.9% Cap Rate - Current, 6.2% - Future*** A rare investment opportunity to purchase a 5 unit light industrial zoned development in Westbank, BC. Built in 2010, with over 19,000sq.ft. of floor area, the McDougall Auto Centre has 4 of the 5 units currently leased, with the vacant unit now under contract. One unit is leased to a nationally recognized tenant. A fully fenced 2 acre property with 52 outdoor customer/staff parking stalls and 11 grade entry overhead doors (ten 12' high and one 14' high). Up to 20' interior ceiling heights and concrete floors. Each unit has independent heating and cooling systems and there is additional development opportunity on site, as well as an option to purchase the 8-acre light industrial lot right next door to this property. Financing options in place with 125yr head lease. (id:29266)

Property Details

MLS® Number 10215445
Property Type Industrial
Neigbourhood Westbank Centre
Community Name The Auto Centre

Building

Size Interior 20444 Sqft
Type Other

Land

Acreage No
Size Total Text Under 1 Acre

https://www.realtor.ca/real-estate/22391979/2900-east-boundary-road-westbank-westbank-centre

Interested?

Contact us for more information


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Robert A. Wood

(778) 215-0816

Gillian Krol

(250) 718-5324
www.GoldilocksEstates.com
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