Property Information:
2305 6th Avenue represents a rare opportunity to lease a +5,484 SF industrial building including +1,344 SF of recently updated office space and +4,140 SF of warehouse space. The building is located in Castlegar's 6th Avenue industrial node - alongside significant national/regional tenants including Wesco, Air Liquide, Old Dutch, Pet Valu, Applied Industrial Technologies and Clark Freightways. The property is located just a few blocks from Castlegar’s highest concentration of restaurant, service, and entertainment amenities, including Canadian Tire, McDonald’s, Subway, Boston Pizza, Shoppers Drug Mart, and more. Broad regional connectivity is provided by the Crowsnest Highway within a 3-minute drive. The property features flexible M1 (Light Industrial) zoning, +/-10 grade-level loading bays with 1 raised loading bay, two 100-amp panels, gas furnace heating and air conditioning for the office space, ample on-site surface parking, and video camera and alarm security system. The warehouse was previously used as self storage facility, and the Landlord is willing to update the base building specifications of the space to accommodate prospective tenants' specific needs. Average asking lease rate for the warehouse and office space of $12.50 per sq. ft. plus triple net. Annual triple net is estimated at ~$3.00 per sq. ft.
