Turnkey Commercial Investment - An excellent opportunity to acquire a fully leased commercial asset with a secure, long-term tenant and a strong return on investment. This 4,400 sq. ft. building has been home to a licensed daycare since 2012 and is now under a brand new 10-year Triple Net (NNN) lease. The lease commenced in 2024 at a rate of $19.92 per square foot and offers reliable, stable cash flow backed by a long-standing operator with deep roots in the community. This investment delivers a solid 10.69% capitalization rate, providing excellent returns and long-term security. This is a rare opportunity to invest in a low-maintenance, income-producing property with minimal risk and consistent performance, ideal for both seasoned investors and those looking to add a dependable asset to their portfolio. * PREC - Personal Real Estate Corporation (id:61048)
MLS® Number | C8068817 |
Property Type | Office |
Road Type | Paved Road |
Constructed Date | 1980 |
Size Interior | 4,400 Ft2 |
Acreage | No |
Size Irregular | 0.2 |
Size Total | 0.2 Ac |
Size Total Text | 0.2 Ac |
https://www.realtor.ca/real-estate/28245295/9820-110-avenue-fort-st-john
Contact us for more information
Chad Bordeleau
Personal Real Estate Corporation
(250) 787-2100
(877) 575-2121
(250) 785-2551
www.century21.ca/energyrealty