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Listing by Jason Winton Colliers International (Nan)
$7,875,000
Est. payment /mo
30,263 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 30,263 sqft
Price per Sqft $260
MLS Listing ID 1051338
HOA Y/N No
Annual Tax Amount $134,128
Tax Year 2026
Property Sub-Type Retail
Property Description
Fully leased investment opportunity at Wellington Centre in Central Nanaimo. The offering comprises four strata lots totaling approximately 30,263 SF of rentable area, offered together as a single transaction and leased to three strong, long-standing tenants: national healthcare provider CBI Health, national security services provider GardaWorld, and essential transportation service provider BC Ferries. The tenants have occupied the property for approximately 20 to 30 years, providing an established income profile complemented by contractual rental increases and embedded future growth. The property benefits from flexible COR3 zoning, a central Nanaimo location and excellent access to the Island Highway and principal transportation corridors. Asking cap rate approximately 5.75%. Please do not disturb tenants. All property tours and inspections are strictly by appointment through the listing agent
Location
Province BC
County Nanaimo, City Of
Community Na Diver Lake
Area Nanaimo
Zoning COR3
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Garage No
Building
Lot Description Central Location, Easy Access
Sewer Sewer Connected
Water Municipal
Others
Ownership Freehold/Strata
Special Listing Condition Updated/Remodeled
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