MLS Listings for Northern BC Canada
9903 102 Street Fort St. John, British Columbia V1J 4B4
$859,000
Fully Leased Investment Property / Long-Term Triple Net Lease / 9.84% Cap Rate/ An excellent opportunity to acquire a fully leased commercial investment property with a secure, long-term tenant in place. This 4,260 sq. ft. building has been built for licensed daycare operations and is now secured under a brand new 10-year Triple Net (NNN) lease beginning in 2024. With an asking price like this, this asset offers an attractive initial cap rate of 9.84%, with upside as rents escalate in the second half of the lease. The tenant has demonstrated strong operational performance in the daycare sector, ensuring long-term value and low vacancy risk. * PREC - Personal Real Estate Corporation (id:5136)
Property Details
| MLS® Number | C8068819 |
| Property Type | Office |
| RoadType | Paved Road |
Building
| SizeInterior | 4260 Sqft |
Land
| Acreage | No |
| SizeIrregular | 0.17 |
| SizeTotal | 0.17 Ac |
| SizeTotalText | 0.17 Ac |
https://www.realtor.ca/real-estate/28245526/9903-102-street-fort-st-john
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May 01 2025 09:08:15
BC Northern Real Estate Board
Century 21 Energy Realty