2935 Sprott Rd, Duncan, BC, V9L 6B5

Commercial For Sale In Duncan, British Columbia

$9,475,000

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2935 Sprott Rd, Duncan, BC, V9L 6B5

$9,475,000

Property Information:

Prime Income Property with diverse tenancies near the new Regional Hospital/ West Vista Terrace Site/ Bell McKinnon Development Area. Located at the corner of Trans CDA HWY and Sprott Road, offering high visibility and easy access. The area is undergoing significant redevelopment, with the hospital under construction and municipal serving underway to support the future growth of the surrounding area. Income streams include Mini Storage, Warehousing, Industrial / Service Commercial tenancies, and a residential occupancy. Listed with an approximate 6.15% cap rate supported by a January 2024 Cunningham and Rivard appraisal of the property. Vendor, in their sole discretion, is willing to provide financing options with mutually agreeable terms and conditions to qualified Buyers. All sizes are approx. and should be verified by the Buyer. Please refrain from contacting tenants or owners - viewings by appointment. Sale is for the land and buildings only - operating businesses not included.

Inclusions: See Remarks

Property Features:

Annual Tax Amount: $56,090
Building Features: High Traffic Area, Parking
Exterior Features: Fenced, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront
Floor Space (approx): 36277 Square Feet
Foundation Details: Slab
Heating: Mixed
Inclusions: See Remarks
Lot Features: Central Location, Cleared, Corner Lot, Easy Access, Serviced, Shopping Nearby
Lot Frontage: 102802 Square Feet
Lot Size: 2.36 Acres
Ownership: Freehold
Parking Features: On Site
Property Sub Type: vreb_table_propertysubtype_warehouse*
Road Surface Type: Paved
Utilities: Electricity Connected
View: Mountain(s), Valley
Water Source: Municipal
Zoning: C3, includes C2 uses
Sewer:

Courtesy of: Coldwell Banker Oceanside Real Estate

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Location of 2935 Sprott Rd, Duncan, BC, V9L 6B5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

30/100

Moderate-Low

ClimateCheck®

Current data

This property, 2935 Sprott Rd , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past

29℃

2050

31.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

88/100

High

ClimateCheck®

Current data

This property, 2935 Sprott Rd , experiences 12 significant 2-day storms per year, with about 505.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 585.3mm of precipitation per year.

Precipitation Per Storm

Past

505.6mm

2050

585.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2935 Sprott Rd, Duncan, BC, V9L 6B5

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$114,066.48

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.91 %

High school certificate or equivalent

38.0 %

Apprenticeship trade certificate/diploma

13.24 %

College/non-university certificate

21.96 %

University Degree

11.88 %

Commuter

Travel To Work

By Car

88.67 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

11.33 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.24 %

Houses

93.76 %

Own Vs. Rent

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Property Information:

Property Features:

Location of 2935 Sprott Rd, Duncan, BC, V9L 6B5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 2935 Sprott Rd, Duncan, BC, V9L 6B5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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