Vacant-User
5000 Cordova Way, Fort Nelson
5000 Cordova Way, Fort Nelson, BC V0C 1R0
Listing Price: $3,400,000
Cap Rate
6.76%
Gross SF
5,175
Rentable SF
5,175
Price/Gross SF
$657.00
Lot Size
2.09 acres
Year Built
2013
Investment Overview
Marcus and Millichap is pleased to present the unique opportunity to acquire a stable, two-tenant NNN investment property with attractive term remaining and income underpinned by strong corporate covenants situated in Fort Nelson, B.C.
5000 Cordova Way, Fort Nelson
Investment Highlights
- Long-term NNN and NNNN tenancy with term until 2034 (Parkland, parent company of Chevron) and 2029 (Tim Hortons); with built-in rental escalations and a WALE of 11.5 years
- Stable, income-producing corner lot, well-suited to capitalize on the local residents and employment base of Fort Nelson
- Excess land supports development opportunity by allowing an investor to build-out the lands to incorporate a commercial development pad
Exclusively Listed By
Listing Price: $3,400,000
Cap Rate
6.76%
Gross SF
5,175
Rentable SF
5,175
Price/Gross SF
$657.00
Lot Size
2.09 acres
Year Built
2013
Investment Highlights
- Long-term NNN and NNNN tenancy with term until 2034 (Parkland, parent company of Chevron) and 2029 (Tim Hortons); with built-in rental escalations and a WALE of 11.5 years
- Stable, income-producing corner lot, well-suited to capitalize on the local residents and employment base of Fort Nelson
- Excess land supports development opportunity by allowing an investor to build-out the lands to incorporate a commercial development pad
Investment Overview
Marcus and Millichap is pleased to present the unique opportunity to acquire a stable, two-tenant NNN investment property with attractive term remaining and income underpinned by strong corporate covenants situated in Fort Nelson, B.C.
Exclusively Listed By
