The Subject Property is a single-tenant, triple-net investment opportunity located in the Town of Lake Cowichan, located approximately 30 KM west of the Trans Canada Highway and the City of Duncan.
- Strong regional covenant providing stable and consistent cash flow with significant future redevelopment potential, by way of waterfront residential development.
- Located in the central portion of the primary commercial development strip, with a mix of residential and commercial uses in the adjacent areas.
- Subject property benefits from having five separate legal titles which allows for greater flexibility for development.
Subject property has a Cap rate of 6.15% and an asking rate of $1,150,000