Shopping Strip
Goldstream Station
737 Goldstream Ave, Victoria, BC V9B 0H9
Listing Price: $9,500,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 737 Goldstream Avenue in Langford, B.C. (the“Subject Property”). This well-located, fully leased mixed-use asset features four retail tenants and three office tenants situated in the rapidly growing city centre
area of downtown Langford.
Goldstream Station
Investment Highlights
- Desirable position in an established retail hub within Langford's Goldstream Village, the Subject Property has exposure and all turns access to Goldstream Avenue with strong visability.
- 25,387 SF of rentable area, fully leased to a solid tenant roster comprised of food users and professional services.
- Opportunity to acquire the shares of the registered owner and save on Property Transfer Tax.
- Average net rent of $23.6 PSF and a weighted average lease expiry of 3.1 years (as of 01-Jun-2025), the property offers considerable near-term rental income upside.
- Located within a rapidly developing area, just 1 km from the Subject Property, this region has experienced a population growth of 24.8% between 2017 and 2022, and is projected to continue expanding by over 20.7% from 2022 to 2027.
Exclusively Listed By
Listing Price: $9,500,000
Investment Highlights
- Desirable position in an established retail hub within Langford's Goldstream Village, the Subject Property has exposure and all turns access to Goldstream Avenue with strong visability.
- 25,387 SF of rentable area, fully leased to a solid tenant roster comprised of food users and professional services.
- Opportunity to acquire the shares of the registered owner and save on Property Transfer Tax.
- Average net rent of $23.6 PSF and a weighted average lease expiry of 3.1 years (as of 01-Jun-2025), the property offers considerable near-term rental income upside.
- Located within a rapidly developing area, just 1 km from the Subject Property, this region has experienced a population growth of 24.8% between 2017 and 2022, and is projected to continue expanding by over 20.7% from 2022 to 2027.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 737 Goldstream Avenue in Langford, B.C. (the“Subject Property”). This well-located, fully leased mixed-use asset features four retail tenants and three office tenants situated in the rapidly growing city centre area of downtown Langford.
Exclusively Listed By
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