Property Size: 11,880 sqft
Macdonald Commercial is proud to present the opportunity to purchase a meticulously-maintained & operated free-standing building on the Northwest corner of W. 14th Street and Lloyd Avenue in the District of North Vancouver. Suitable for both investors as well as future owner-users alike, the property has the possibility of redevelopment. The property is rectangular-shaped and improved with a single storey, industrial building with office mezzanine, or approximately 8,910 sq. ft. The current lease commenced April 1st, 2020 and expires March 31st, 2025 with no further option to renew. The current net rent is $19.00 PSF, which escalates to $0.50 per year over the five (5) year term.
Listed by Macdonald Commercial Real Estate Services Ltd..