FOR SALE OR LEASE
FOR SALE OR LEASE
STRATA SERVICE COMMERCIAL / INDUSTRIAL WAREHOUSE CBRE Limited is pleased to offer for sale or lease a 14,443 sq. ft. strata warehouse unit in Colwood’s commercial/industrial core.
2657 WILFERT ROAD STRATA UNIT 102 COLWOOD, BRITISH COLUMBIA
FOR MORE INFORMATION PLEASE CONTACT:
Ross Marshall
Personal Real Estate Corporation Vice President Brokerage Services 250 386 0004 [email protected]
Chris Rust
Vice President Brokerage Services 250 386 0005 [email protected]
FOR SALE OR LEASE
2657 WILFERT ROAD, COLWOOD | BRITISH COLUMBIA
ZONING
SPACE AVAILABLE STRATA UNIT
RENTABLE AREA
SALE PRICE
102
14,443 sq. ft.
$3,190,000
STRATA FEES $2,778.90 per month
LEASE RATE $12.00 per sq. ft. per annum
OPERATING COSTS & TAXES $6.12 per sq. ft. per annum (2017 estimate)
C7 Mixed Commercial/Residential Zone. Uses include but are not limited to bakeries, day care, indoor sports and recreation facilities, offices, personal service, restaurants, retail stores, scientific or technological research facilities, light manufacturing.
STRATA UNIT HIGHLIGHTS
16’ ceilings in warehouse Concrete warehouse floor Fully sprinklered 1,500 sq. ft. mezzanine 2 docks with levellers
Overhead gas fired heat and radiant heat T5 Fluorescent lighting in warehouse 400 amp 3 phase power, 3 x 200 amp power 15 designated parking stalls for strata unit 102
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
BDC FINANCING PROPOSAL UNIT 102 - 2657 WILFERT ROAD COLWOOD, BC
EXAMPLE PROJECT* Purchase strata unit (14,443 sq. ft.) Closing costs** (approximate)
All terms and conditions subject to BDC due diligence. Target:
Preference given to owner-occupiers but will consider investors
Amount:
Up to 100% of purchase price and renovations
Amortization:
Up to 25 years
Term:
Up to 25 years (same as amortization)
Interest Rate:
Floating or Fixed rates
Appraisal:
Waived
Security:
First charge on subject realty Assignment of rents Corporate guarantees (if applicable) Limited personal guarantee from the owner
Required Documentation: Copy of purchase and sale agreement Personal net worth statement & BDC application form Financial statements (3 years) Interim in-house financial statements (if applicable) Aged Accounts Receivable and Payable reports Other documentation may be required Processing time:
Approximately 2 weeks from receipt of all documents
$3,190,000 $80,000 $3,270,000
EXAMPLE FINANCING BDC Term Loan Owner Investment
$3,190,000 $80,000 $3,270,000
STRATA UNIT 102 TO OWN Approximate Monthly Payment Range: $17,800 - $21,000 TO LEASE Approximate Monthly Payment: $21,352 * The above example is for illustrative purposes only. All terms and conditions subject to BDC due diligence. ** Closing costs includes property transfer tax, property tax and legal fees.
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
LOCATION The subject property is conveniently located just off of the Island Highway (#14), a major transportation route that is known for its high traffic volumes, mixed-use commercial strip, and use as a thoroughfare for Victoria and surrounding municipalities. Situated in Colwood’s commercial/industrial hub, the property is near a variety of retail stores, grocery stores, restaurants, banks and residential neighbourhoods. The Island Highway (#14) connects to the Trans-Canada Highway (#1) providing a straightforward 10 minute commute to Victoria.
10 MIN
UTES
McDonald’s
RIA -
Jasmine Restaurant
VICTO
Courthouse
Steels
2657 Wilfert Road
Greater Victoria Public Library
Leeker Food Distributors
New Mixed-Use Shopping Centre
Holiday Inn
7-Eleven
d Hw
Subaru
Westshore Parks & Recreation Centre
Islan
Lee Valley Tools
Speedy Glass Subway Bosley’s Pet Store Wilson Diving
y
A&W
Wilf
Hostess
ert R
d
Galaxy Motors
Co-op Gas Station
Wale Rd
Wendy’s Money Mart
Soo ke R d
Tim Hortons
SALE PRICE $3,190,000
FOR MORE INFORMATION PLEASE CONTACT:
LEASE RATE
Ross Marshall
$12.00 PSF
Personal Real Estate Corporation Vice President Brokerage Services 250 386 0004 [email protected]
Chris Rust
Vice President Brokerage Services 250 386 0005 [email protected]
CBRE Limited | 1026 Fort Street | Victoria, BC | Tel: 250 386 0000 | www.cbre.ca | www.cbrevictoria.com This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
STRATA SERVICE COMMERCIAL / INDUSTRIAL WAREHOUSE CBRE Limited is pleased to offer for sale or lease a 14,443 sq. ft. strata warehouse unit in Colwood’s commercial/industrial core.
2657 WILFERT ROAD STRATA UNIT 102 COLWOOD, BRITISH COLUMBIA
FOR MORE INFORMATION PLEASE CONTACT:
Ross Marshall
Personal Real Estate Corporation Vice President Brokerage Services 250 386 0004 [email protected]
Chris Rust
Vice President Brokerage Services 250 386 0005 [email protected]
FOR SALE OR LEASE
2657 WILFERT ROAD, COLWOOD | BRITISH COLUMBIA
ZONING
SPACE AVAILABLE STRATA UNIT
RENTABLE AREA
SALE PRICE
102
14,443 sq. ft.
$3,190,000
STRATA FEES $2,778.90 per month
LEASE RATE $12.00 per sq. ft. per annum
OPERATING COSTS & TAXES $6.12 per sq. ft. per annum (2017 estimate)
C7 Mixed Commercial/Residential Zone. Uses include but are not limited to bakeries, day care, indoor sports and recreation facilities, offices, personal service, restaurants, retail stores, scientific or technological research facilities, light manufacturing.
STRATA UNIT HIGHLIGHTS
16’ ceilings in warehouse Concrete warehouse floor Fully sprinklered 1,500 sq. ft. mezzanine 2 docks with levellers
Overhead gas fired heat and radiant heat T5 Fluorescent lighting in warehouse 400 amp 3 phase power, 3 x 200 amp power 15 designated parking stalls for strata unit 102
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
BDC FINANCING PROPOSAL UNIT 102 - 2657 WILFERT ROAD COLWOOD, BC
EXAMPLE PROJECT* Purchase strata unit (14,443 sq. ft.) Closing costs** (approximate)
All terms and conditions subject to BDC due diligence. Target:
Preference given to owner-occupiers but will consider investors
Amount:
Up to 100% of purchase price and renovations
Amortization:
Up to 25 years
Term:
Up to 25 years (same as amortization)
Interest Rate:
Floating or Fixed rates
Appraisal:
Waived
Security:
First charge on subject realty Assignment of rents Corporate guarantees (if applicable) Limited personal guarantee from the owner
Required Documentation: Copy of purchase and sale agreement Personal net worth statement & BDC application form Financial statements (3 years) Interim in-house financial statements (if applicable) Aged Accounts Receivable and Payable reports Other documentation may be required Processing time:
Approximately 2 weeks from receipt of all documents
$3,190,000 $80,000 $3,270,000
EXAMPLE FINANCING BDC Term Loan Owner Investment
$3,190,000 $80,000 $3,270,000
STRATA UNIT 102 TO OWN Approximate Monthly Payment Range: $17,800 - $21,000 TO LEASE Approximate Monthly Payment: $21,352 * The above example is for illustrative purposes only. All terms and conditions subject to BDC due diligence. ** Closing costs includes property transfer tax, property tax and legal fees.
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
LOCATION The subject property is conveniently located just off of the Island Highway (#14), a major transportation route that is known for its high traffic volumes, mixed-use commercial strip, and use as a thoroughfare for Victoria and surrounding municipalities. Situated in Colwood’s commercial/industrial hub, the property is near a variety of retail stores, grocery stores, restaurants, banks and residential neighbourhoods. The Island Highway (#14) connects to the Trans-Canada Highway (#1) providing a straightforward 10 minute commute to Victoria.
10 MIN
UTES
McDonald’s
RIA -
Jasmine Restaurant
VICTO
Courthouse
Steels
2657 Wilfert Road
Greater Victoria Public Library
Leeker Food Distributors
New Mixed-Use Shopping Centre
Holiday Inn
7-Eleven
d Hw
Subaru
Westshore Parks & Recreation Centre
Islan
Lee Valley Tools
Speedy Glass Subway Bosley’s Pet Store Wilson Diving
y
A&W
Wilf
Hostess
ert R
d
Galaxy Motors
Co-op Gas Station
Wale Rd
Wendy’s Money Mart
Soo ke R d
Tim Hortons
SALE PRICE $3,190,000
FOR MORE INFORMATION PLEASE CONTACT:
LEASE RATE
Ross Marshall
$12.00 PSF
Personal Real Estate Corporation Vice President Brokerage Services 250 386 0004 [email protected]
Chris Rust
Vice President Brokerage Services 250 386 0005 [email protected]
CBRE Limited | 1026 Fort Street | Victoria, BC | Tel: 250 386 0000 | www.cbre.ca | www.cbrevictoria.com This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
