$3,000,000

Commercial For Sale In Duncan, British Columbia

$3,000,000

Property Information:

Pleased to present the opportunity to acquire a 100% interest in 130 Trans-Canada Highway, a 28,504 SF corner property located in Duncan, BC, with unobstructed highway frontage. The property is fully leased to The Original Farm on a carefree triple net lease, providing investors with stable cashflow. Leased until September 30, 2035. The building was substantially renovated in 2020 including a new roof, exterior façade, HVAC, landscaping and asphalt. Directly across from Duncan’s main shopping area including Duncan Mall, Duncan Village and Duncan Centre with tenants including Save-On-Foods, BC Liquor Store, London Drugs, Real Canadian Superstore, Starbucks and Tim Horton’s. The 3,872 SF free standing building sits on a large 0.65 acre site with a dedicated left hand turning lane for southbound traffic along the Trans-Canada Highway and exposure to over 31,500 vehicles per day (2021).

Property Features:

  • Annual Tax Amount: $35,382
  • Floor Space (approx): 3872 Square Feet
  • Lot Frontage: 28504 Square Feet
  • Lot Size: 0.65 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Retail

Courtesy of: Colliers

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