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Frank Chan Frank Chan
$17.00/ SqFt - ML# 857968
1 & 2 - 745 Vanalman Ave
Saanich West - SW Royal Oak

This is only a guide. Please verify this information with your mortgage specialist.

Located in the Royal Oak Industrial Park just of the Pat Bay Highway allowing easy access to downtown Victoria, the airport, the ferry terminal and all major island highways. Units 1 & 2 are leased as a pair with unit one the corner unit offering high visibility from Glanford & Vanalman Avenues. A mixture of warehouse, work shop and office with retail incidental to the warehouse allowed. Lease rate is $17.00 sq. ft. triple net with operating costs of approx $5.30 sq. ft. annually. There are a minimum of 9 parking spaces available. The owner is not interested in selling the units.

Title:
Freehold/Strata 
Transaction Type:
 
Includes Building:
No 
Includes Business:
No 
Includes Land:
No 
Sale/Lease Type:
Lease Absolute Net 
Possession:
Possession Notes:
 
Taxes:
$5,703.17 (2020) 
Year Built:
1989 
Additional Rent/SqFt:
5.30 
Existing Lease Expiration Date:
 
Business Name:
 
Business Established:
 
Gross Income:
 
Net Income:
 

Building Details

Building Features:
High Traffic Area,Loading Bay(s),Parking 
Building Type:
 
Accessibility:
 
Construction Foundation:
Slab 
Exterior Finish:
Awning(s) 
Exterior Features:
Awning(s) 
Cooling:
 
Heat:
Electric 
Approx. Value of Fixed Equip:
 
Parking Spaces:
 
Stories:

Lot Information

SqFt:
3397 
Acres:
0.08 
Total SqFt:
5000 
Lot:
irregu 
Lot Shape:
 
Lot Features:
Level 
Lot Frontage:
 
Water:
Municipal 
Waste:
Sewer To Lot 
Parking:
 
Location Features:
Level 

Strata Information

Complex:
 
Managed By:
 
Monthly Assessment:
Shared Amenities:
 

Listed with:

Philip Illingworth - DFH Real Estate Ltd.