FOR SALE OR LEASE
FOR SALE OR LEASE
SERVICE COMMERCIAL/INDUSTRIAL UNITS Wilfert Road Business Centre is a 2-storey service commercial/industrial building located just off of the Island Highway (#1) in the City of Colwood. There are currently 2 suites available from 2,938 square feet up to 6,414 square feet. The units benefit from having versatile zoning and floor plans, on-site parking and an excellent location in Colwood’s commercial/industrial hub.
2657 WILFERT ROAD SUITES 204 & 205 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
SPACE AVAILABLE
ZONING
The suites can be purchased/leased separately or suites 204 and 205 can be combined for a total area of up to 6,414 sq. ft
C7 Mixed Commercial/Residential Zone. Uses included 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.
SUITE
RENTABLE AREA
SALE PRICE
202 203 204 205
2,771 sq. ft. 2,762 sq. ft. 2,938 sq. ft. 3,476 sq. ft.
LEASED LEASED $649,000 $769,000
LEASE RATE $12.00 per sq. ft. per annum
OPERATING COSTS & TAXES $5.74 per sq. ft. per annum (2016 estimate)
AVAILABLE Immediately
SUITE HIGHLIGHTS 14’ ceilings in warehouse Concrete warehouse floors New carpet in offices In-suite washrooms Baseboard heating or rooftop heat pumps in offices Air conditioning in offices Separately metered hydro and gas 225 amp 3 phase power Fully sprinklered Six designated parking stalls for suite 204 Eight designated parking stalls for suite 205
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
BDC FINANCING PROPOSAL FOR SUITE 204
EXAMPLE PROJECT*
All terms and conditions subject to BDC due diligence.
Purchase strata unit (2,938 sq. ft) $649,000 Closing costs** (approximate) $20,000 $669,000
(Financing available for all suites)
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
Environmental Report: 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 3 weeks from receipt of all documents
EXAMPLE FINANCING BDC Term Loan $649,000 Owner Investment $20,000 $669,000
SUITE 204 TO OWN Approximate Monthly Payment Range: $3,700 - $4,700 TO LEASE Approximate Monthly Payment: $4,344 * The above example is for illustrative purposes only. All terms and conditions subject to BDC due diligence. ** Closing costs includes property transfer fax, property tax and legal fees.
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
SITE PLAN The suites can be purchased/leased separately or suites 204 and 205 can be combined for a total area of up to 6,414 sq. ft.
Suite 205
3,476 sq. ft. $769,000
Suite 204
2,938 sq. ft. $649,000
Suite 203
2,762 sq. ft.
LEASED
Suite 202
2,771 sq. ft.
LEASED
Suite 201
2,620 sq. ft.
LEASED
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
LOCATION The subject property is conveniently located just off of the Island Highway (#1A), a major transportation route that is known for its high traffic volumes, mixed-use commercial strip, and is used 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 (#1A) connects to the Trans-Canada Highway (#1) providing a straightforward 10 minute commute to Victoria.
RIA VICTO
Jasmine Restaurant Courthouse
10 MIN
UTES
McDonald’s
Greater Victoria Public Library
Steels
2657 Wilfert Road Leeker Food Distributors
Subaru
d Hw
A&W
Wilf
Hostess
Westshore Parks & Recreation Centre
Islan
ert R
y
d
Galaxy Motors
Speedy Glass Subway Bosley’s Pet Store Wilson Diving
Lee Valley Tools 7-Eleven
Wale Rd
Co-op Gas Station
Wendy’s
Soo ke R d
New Mixed-Use Shopping Centre
Holiday Inn
Money Mart Tim Hortons
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]
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.
SERVICE COMMERCIAL/INDUSTRIAL UNITS Wilfert Road Business Centre is a 2-storey service commercial/industrial building located just off of the Island Highway (#1) in the City of Colwood. There are currently 2 suites available from 2,938 square feet up to 6,414 square feet. The units benefit from having versatile zoning and floor plans, on-site parking and an excellent location in Colwood’s commercial/industrial hub.
2657 WILFERT ROAD SUITES 204 & 205 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
SPACE AVAILABLE
ZONING
The suites can be purchased/leased separately or suites 204 and 205 can be combined for a total area of up to 6,414 sq. ft
C7 Mixed Commercial/Residential Zone. Uses included 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.
SUITE
RENTABLE AREA
SALE PRICE
202 203 204 205
2,771 sq. ft. 2,762 sq. ft. 2,938 sq. ft. 3,476 sq. ft.
LEASED LEASED $649,000 $769,000
LEASE RATE $12.00 per sq. ft. per annum
OPERATING COSTS & TAXES $5.74 per sq. ft. per annum (2016 estimate)
AVAILABLE Immediately
SUITE HIGHLIGHTS 14’ ceilings in warehouse Concrete warehouse floors New carpet in offices In-suite washrooms Baseboard heating or rooftop heat pumps in offices Air conditioning in offices Separately metered hydro and gas 225 amp 3 phase power Fully sprinklered Six designated parking stalls for suite 204 Eight designated parking stalls for suite 205
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
BDC FINANCING PROPOSAL FOR SUITE 204
EXAMPLE PROJECT*
All terms and conditions subject to BDC due diligence.
Purchase strata unit (2,938 sq. ft) $649,000 Closing costs** (approximate) $20,000 $669,000
(Financing available for all suites)
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
Environmental Report: 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 3 weeks from receipt of all documents
EXAMPLE FINANCING BDC Term Loan $649,000 Owner Investment $20,000 $669,000
SUITE 204 TO OWN Approximate Monthly Payment Range: $3,700 - $4,700 TO LEASE Approximate Monthly Payment: $4,344 * The above example is for illustrative purposes only. All terms and conditions subject to BDC due diligence. ** Closing costs includes property transfer fax, property tax and legal fees.
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
SITE PLAN The suites can be purchased/leased separately or suites 204 and 205 can be combined for a total area of up to 6,414 sq. ft.
Suite 205
3,476 sq. ft. $769,000
Suite 204
2,938 sq. ft. $649,000
Suite 203
2,762 sq. ft.
LEASED
Suite 202
2,771 sq. ft.
LEASED
Suite 201
2,620 sq. ft.
LEASED
FOR SALE OR LEASE 2657 WILFERT ROAD COLWOOD | BRITISH COLUMBIA
LOCATION The subject property is conveniently located just off of the Island Highway (#1A), a major transportation route that is known for its high traffic volumes, mixed-use commercial strip, and is used 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 (#1A) connects to the Trans-Canada Highway (#1) providing a straightforward 10 minute commute to Victoria.
RIA VICTO
Jasmine Restaurant Courthouse
10 MIN
UTES
McDonald’s
Greater Victoria Public Library
Steels
2657 Wilfert Road Leeker Food Distributors
Subaru
d Hw
A&W
Wilf
Hostess
Westshore Parks & Recreation Centre
Islan
ert R
y
d
Galaxy Motors
Speedy Glass Subway Bosley’s Pet Store Wilson Diving
Lee Valley Tools 7-Eleven
Wale Rd
Co-op Gas Station
Wendy’s
Soo ke R d
New Mixed-Use Shopping Centre
Holiday Inn
Money Mart Tim Hortons
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]
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.
