2215 Cliffe Av - Auto Repair FOR SALE
Courtenay, BC V9N 2L5 |
2215 Cliffe Av
Courtenay, BC V9N 2L5
HIGHLIGHTS
- Tenant: Kal Tire is one of Canada’s most recognized automotive brands, operating for over 70 years with more than 260 retail locations nationwide.
- Lease Structure: NNN leases with corporate covenant and minimal landlord responsibilities; each property is a corporately owned Kal Tire location.
- New Long-Term Lease: Operating on brand-new 10-year leases with built in rental escalations and renewal options
- Location: These properties are strategically located in highly visible, prime areas within their respective markets
- Environmental: Phase I & II Environmental Reports will be shared upon execution of a CA, ensuring a smooth due diligence period for prospective buyers
- Acquisition Options: The Vendor will entertain offers as a portfolio sale or individual basis
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
KAL Tire
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Service Station
TOTAL BUILDING SIZE
6600
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
006-045-715
