6.1% cap rate. Brand new 10-year lease. Zero vacancy. This is the kind of stabilized industrial investment that rarely hits the open market. Anchored by Craftsman Collision (1981) Ltd., a deeply rooted local business with over four decades of operating history, this property offers the kind of tenant covenant that lets an investor sleep at night.
Three legal parcels totaling 1.52 acres, 29,391 SF of solid concrete block construction, 100% leased with a weighted average lease term of 8.6 years. Grade loading, three-phase power, paved yard, and a roof replaced in 2022 mean the heavy lifting has been done.
Recent clean Phase I and II environmental studies on file. Located in Duncan's established Boys Road industrial corridor, just minutes from the Trans-Canada Highway.
Brochure available. Full financials and due diligence package provided upon signed CA.