This 2,600 Sq. Ft. Vanilla Shell unit could be used for either Office or Retail.
The Village on Third development consists of commercial / retail and multi-family units.
This property is located just 3 city blocks from Vancouver Island University and on major arterial and transit routes.
Other Commercial operators in the building include; Pharmacy, physiotherapist, and a locally owned coffee shop.
This unit provides good street exposure with large windowed frontage.
The property is also listed for sale on MLS number 967993.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Year built:
2020
(Age: 4)
Lease Type:
Absolute Net
Lease per Sq Ft:
13.1
Listing General Location:
Na University District, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
2,613.618 sq. ft.242.813 m2
Building Features:
Fire Sprinklers, High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Number of Storeys:
3
Total Building Area:
2,613.6 sq. ft.242.811 m2
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
Financing Notes:
2.25% of aggregate base rent for first 5 years of the lease and 1% for years six to ten.
Jurisdiction name:
City of Nanaimo
Legal Description:
Strata Lot 10, Plan EPS5070, Section 1, Nanaimo Land District, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V