Nanaimo; retail/commercial; hertz rent-a-car and 1 vacant; 7 cap rate; projected 9 cap rate...under 500K

Listing ID: 281923     http://www.icx.ca/PropertyDetails.aspx?&PropertyId=8611409&PidKey=-140411686
For Sale: $419,500
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MLS® 281923
   
Address
: 151 TERMINAL AVE
NANAIMO, British Columbia   V9R 5C6
Price
: $419,500
   

General Description

INVESTMENT OPPORTUNITY! Independent free standing building with highway exposure & fenced rear yard. One national tenant with long term lease. Second space available currently for owner or new tenant. Cap rate 7.2 and projected 9% return. All measurements are approximate. Call for all the details.

LLOYD LOEPPKY
Telephone: 250-756-1132
Fax: 250-756-1210
Email REALTOR®
REALTOR® Website

ROYAL LEPAGE NANAIMO RLTY BL
ROYAL LEPAGE NANAIMO RLTY BL
275 - 2000 ISLAND HIGHWAY
NANAIMO
Nanaimo, British Columbia   V9S 5W3
Telephone: 250-756-1132
Fax: 250-756-1210
Email Office
Office Website