24,880 ft²Industrial$4,698,000Sale
24,880 ft²
Industrial
$4,698,000
Sale
Harry Jones
William Wright
With a going-in cap rate of 5.75%, 1357 Ball Road presents a fully leased industrial investment opportunity located in Cobble Hill, BC. This 1.61-acre industrial-zoned property features two large, multi-bay steel-frame, warehouses with yard space and ample parking. Building A offers 14,800 sq ft, while Building B, constructed in 2017, spans 10,080 sq ft. The property is fully leased with seven tenants, the majority of which are longer term Tenants. Each building is equipped with natural gas, ample power, municipal water, and septic waste systems. This property is the larger of two lots in a strata plan. Located in a prime commercial and industrial hub, 1357 Ball Road offers a strategic location with direct access off of the Trans Canada Highway via Fisher Road. Information package and financials available upon a signed CA being provided.
The Space
Asking Price$4,698,000
Available Space24,880 ft²
Property UseIndustrial / Investment property
SourceDirect
The Building
Located in a prime commercial and industrial hub, 1357 Ball Road offers a strategic position within the Cobble Hill community, with direct access off of the Trans Canada Highway via Fisher Road. The Cowichan trade area has experienced significant economic development, attracting a mix of new businesses and industries, thanks in part to its proximity to major transportation routes. This particular commercial/industrial node benefits from increasing demand, and overall lack of supply, for industrial space, making it an attractive investment opportunity with high visibility and easy access for both tenants and customers. The property's close proximity to the Trans Canada Highway enhances connectivity throughout Vancouver Island, making it an ideal location for businesses serving both local and regional markets.
Property TypeIndustrial
Building Size24,880 ft²
Lot Size1.61 AC
Up to $500K for British Columbia businesses
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