1978 Cliffe Ave, Suite 1,3
Brand new, high quality building
- Triple A tenants, long-term lease
- Type: Commercial
- Style: Commercial
- Garage: 5-Stalls
- Size: 4,333 sq. ft.
- Development Level: Built
- Year Built: 2020
Best of the best. First class Triple A tenants in a brand new mixed use building on the Comox Valley’s busiest main route. The province’s Ministry of Children and Family Services has secured 4333sq/ft of mezzanine MU-2 zoned space in Riverwalk Centre with a 4 year lease and options. All TI’s to their account, commencing November 1st, 2018. NOI of $70k/year and a CAP of 5.75%. Included in the lease are 5 underground heated and secure parking stalls. Operating costs of 2.55sq/ft to their account as well. Excellent long term hold with a government lessee in a brand new high quality building. All residential loft units are now sold with only one remaining commercial unit, Riverwalk Centre is a great new addition to the Comox Valley.
Information is deemed to be correct but not guaranteed.
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