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Vacant-User

5000 Cordova Way, Fort Nelson

5000 Cordova Way, Fort Nelson, BC V0C 1R0

Listing Price: $3,800,000

Cap Rate
6.05%
Gross SF
5,175
Rentable SF
5,175
Price/Gross SF
$734.30
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.

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

Vacant-User

5000 Cordova Way, Fort Nelson

Listing Price: $3,800,000

Cap Rate
6.05%
Gross SF
5,175
Rentable SF
5,175
Price/Gross SF
$734.30
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

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