2,508 sqft
$1,150,000
About this Retail in Cloverdale BC, Cloverdale
This is an opportunity to invest in a leased industrial strata unit at a well maintained complex in the heart of the Cloverdale industrial area. The unit features 796 square feet of ground floor warehouse with a grade level loading door, and 1,712 square feet of office space spread over two floors. The current tenant holds a five year lease with two - five year renewal options. The average annual net income over the course of the current five year term is $47,400. Please note… this is strictly an investment sale with no opportunity to vacate the current tenant.
This is an opportunity to invest in a leased industrial strata unit at a well maintained complex in the heart of the Cloverdale industrial area. The unit features 796 square feet of ground floor warehouse with a grade level loading door, and 1,712 square feet of office space spread over two floors. The current tenant holds a five year lease with two - five year renewal options. The average annual net income over the course of the current five year term is $47,400. Please note this is strictly an investment sale with no opportunity to vacate the current tenant.
