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Mixed-Use

Coombs Junction

2701 Alberni Hwy, Coombs, BC V0R 1M0

Listing Price: $4,350,000

Cap Rate
6.29%
Gross SF
32,332
Rentable SF
32,332
Price/Gross SF
$134.54
Lot Size
4.32 acres
Year Built
2004

Investment Overview

Marcus & Millichap is pleased to introduce an exceptional investment opportunity to acquire a value-add mixed-use property situated on an expansive 4.32 acre lot in the coveted community of Coombs, on Vancouver Island.

Investment Highlights

  • Exceptional Value-Add Opportunity in Coombs, Vancouver Island.
  • Prime Location – 4.32-acre mixed-use property on the bustling highway to Tofino and Ucluelet, attracting over 3 million travelers annually.
  • Diversified Tenant Mix – Anchored by key tenants like Vancouver Island Health and Creekmore's Coffee Roasting, with room for growth through strategic lease-ups.
  • Exposure – Situated on the highway to Tofino and Ucluelet; over 3 million travelers use Memorial Ave and Alberni Highway each year to get to Tofino and Ucluelet.
  • Recent Upgrades – $298,000 invested in capital improvements since 2021, including upgraded lighting, stucco repair, and enhanced drainage.
  • Proximity - Just 10 minutes from Qualicum Beach and Parksville, nestled in the heart of Coombs.

Exclusively Listed By

Mixed-Use

Coombs Junction

Listing Price: $4,350,000

Cap Rate
6.29%
Gross SF
32,332
Rentable SF
32,332
Price/Gross SF
$134.54
Lot Size
4.32 acres
Year Built
2004

Investment Highlights

  • Exceptional Value-Add Opportunity in Coombs, Vancouver Island.
  • Prime Location – 4.32-acre mixed-use property on the bustling highway to Tofino and Ucluelet, attracting over 3 million travelers annually.
  • Diversified Tenant Mix – Anchored by key tenants like Vancouver Island Health and Creekmore's Coffee Roasting, with room for growth through strategic lease-ups.
  • Exposure – Situated on the highway to Tofino and Ucluelet; over 3 million travelers use Memorial Ave and Alberni Highway each year to get to Tofino and Ucluelet.
  • Recent Upgrades – $298,000 invested in capital improvements since 2021, including upgraded lighting, stucco repair, and enhanced drainage.
  • Proximity - Just 10 minutes from Qualicum Beach and Parksville, nestled in the heart of Coombs.

Investment Overview

Marcus & Millichap is pleased to introduce an exceptional investment opportunity to acquire a value-add mixed-use property situated on an expansive 4.32 acre lot in the coveted community of Coombs, on Vancouver Island.

Exclusively Listed By

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