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4488 W 16 HIGHWAY, Prince George | $6,995,000

Fully leased 26,856 sq ft multi-tenant commercial centre with prime Highway 16 West exposure. Anchored by an Esso service station, with a diversified mix of national, institutional and local tenants generating $37,065 per month net ($444,780 annually) on staggered terms to 2032 with renewal options throughout. Includes approximately 1.26 acres of excess land for future expansion or redevelopment, and C6 Highway Commercial zoning permitting an exceptionally broad range of uses. Turnkey income with long-term development upside. Information package available to qualified purchasers. FEATURES: Fully leased 26,856 sq ft multi-tenant commercial centre. $37,065 monthly net rent - $444,780 annually in place. Anchored by a long-established Esso service station. Diversified national, institutional and local tenant mix. Staggered lease expiries to 2032 with renewal options throughout.

Description

Fully leased 26,856 sq ft multi-tenant commercial centre with prime Highway 16 West exposure. Anchored by an Esso service station, with a diversified mix of national, institutional and local tenants generating $37,065 per month net ($444,780 annually) on staggered terms to 2032 with renewal options throughout. Includes approximately 1.26 acres of excess land for future expansion or redevelopment, and C6 Highway Commercial zoning permitting an exceptionally broad range of uses. Turnkey income with long-term development upside. Information package available to qualified purchasers. FEATURES: Fully leased 26,856 sq ft multi-tenant commercial centre. $37,065 monthly net rent - $444,780 annually in place. Anchored by a long-established Esso service station. Diversified national, institutional and local tenant mix. Staggered lease expiries to 2032 with renewal options throughout.

General Info


MLS Listing ID: C8081118 Bedrooms: 0 Bathrooms: 0 Year Built: 1998
Parking: N/A Heating: N/A Lotsize: 3.24 ac Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .