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310 PUNTLEDGE ROAD in COURTENAY: Z2 Courtenay East Building And Land for sale (Zone 2 - Comox Valley) : MLS®# 447774

310 PUNTLEDGE ROAD COURTENAY : Z2 Courtenay East

Main Photo: 310 PUNTLEDGE ROAD in COURTENAY: Z2 Courtenay East Building And Land for sale (Zone 2 - Comox Valley)  : MLS®# 447774
$1,200,000
Prop. Type:
Building And Land
MLS® Num:
447774
Status:
Active
Bus Major:
Commercial
Good commercial income properties are hard to come by in the Comox Valley but here is your opportunity to get in on one. This is a well maintained, single tenanted, one story office building on it's own land with over 5000 sqft of leasable space with a recently signed 5 year contract in place. Com Access Holdings is the lease holder for Satori Lifestyle Resources which is the sole approved occupier of the property - they are funded by Community Living British Columbia (Clbc) and have been in business 30 years. Satori Lifestyle Resources have leased the property since August of 2011. The lease rate is $6195/month or $14.37/sq ft plus double net. The building is approximately 24 years old with a newer heating system, ample parking, and a location close to all services. The lease provides approximately a 4% capitalization rate based on asking price. An info package is available upon the signing of a Confidentiality Agreement.
Lot Size:
Switch units of measure0.39 acre(s)
Property Type:
Building And Land
Title:
Freehold
Major Business Type:
Commercial
Listed by JAKOB CHRISTOPH* of RE/MAX Ocean Pacific Realty (CX)
Data was last updated March 25, 2019 at 01:10 AM (UTC)
LEAH REICHELT
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