320 Capital Dr - Retail FOR SALE


Charlottetown, PE C1E 3N1
$3,390,000 CAD
506-386-3447
320 Capital Dr, Charlottetown, PE for Sale
$3,390,000 CAD
Retail - FOR SALE
1/6
null | Request Cap Rate

320 Capital Dr
Charlottetown, PE C1E 3N1


HIGHLIGHTS

  • STRONG COVENANTS
  • EXCEPTIONAL CONSTRUCTION
  • LONG TERM WALT
  • PRIME LOCATION

OVERVIEW

CBRE is pleased to offer for sale 320 Capital Drive in Charlottetown, Prince Edward Island (the “Property”). The Property, situated at a major traffic circle with easy access from Capital Drive and Maypoint Road, is easily accessible and benefits from daily high traffic numbers. This intersection is part of the Trans Canada Highway and connects Charlottetown to the West side of Prince Edward Island and is a major thoroughfare for those coming to the Island from the Confederation Bridge. Built in 2019, the Property offers state-of-the-art construction that has been thoughtfully designed to exceed today’s tenant expectations. The Property was constructed to a high standard that aesthetically stands out and reduces the life-cycle costs of the building and its operations. 100% occupied by three strong covenants with a weighted average lease term (WALT) of over 11 years, this opportunity provides a buyer with a sound investment that requires minimal management. Letters of Intent may be presented at any time and will be responded to by the Vendor as they are received. A selection of property and building reports are available for viewing at our ShareFile data room. For access assistance, please contact one of our advisors.

FOR SALE DETAILS

PRICE

$3,390,000 CAD

PRICE/SF

$724 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C-2

APN/PARCEL ID

387365

ASK ABOUT THIS PROPERTY

506-386-3447

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506-386-3447

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