$4,630,000
$5,300,000
12.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/02/2024
Key Details
Sold Price $4,630,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 946839
Sold Date 06/02/24
Rental Info Unrestricted
Tax Year 2023
Property Description
Presenting 7180 West Saanich Road (Strata Lot 2/3) & 7188 West Saanich Road (Strata Lot 1) in Central Saanich, BC. These prime freestanding retail buildings total over 7,300 SF of combined gross leasable area and are located in the heart of Brentwood Bay Village. Built in 2011 & 2014, these top-quality concrete buildings offer excellent exposure and 180 ft of frontage on West Saanich Road. The common area is accessible via West Saanich Road providing 16 surface parking stalls and rear loading for 7180. Fully tenanted by established and reputable businesses, Royal Bank of Canada (7188) and Metro Liquor (7180), the Properties offer investors significant holding income. Tenants benefit from an ideal central location within the Brentwood Bay community, as well as exceptional proximity to all of the Saanich Peninsula, capitalizing on the opportunity to service a growing population with a strong demographic profile and high household income.
Location
Province BC
County Capital Regional District
Area Cs Brentwood Bay
Exterior
Parking On Site 1
Others
Ownership Freehold
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Bought with Unrepresented Buyer Pseudo-Office