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
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.