933 Douglas St - Medical FOR SALE
Victoria, BC V8W 2C2 |
$8,225,000 CAD
604-675-5257
933 Douglas St
Victoria, BC V8W 2C2
HIGHLIGHTS
- 100% leased to strong tenants on triple-net leases.
- Significant upside on rents upon upcoming lease expiries / renewals.
- Stable income-producing property with built-in rental escalations.
- Recent capital upgrades including a roof replacement in December of 2022.
- Option to purchase the shares of the nominee.
- Desirable position at the corner of Douglas Street and Broughton Street, with exceptional visibility to vehicular and pedestrian traffic.
FOR SALE DETAILS
PRICE
$8,225,000 CAD
PRICE/SF
$448 CAD /SF
CAP RATE
5.33%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Bank, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
B
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.16 AC
LAND SF
6,808 SF
ZONING
Central Business District
APN/PARCEL ID
000-373-630
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604-675-5257
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604-675-5257
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