800 Viewfield Rd

Large light industrial zoned property in a highly desirable area of Esquimalt (with a portion of the property in Vic West) just minutes from downtown Victoria with easy access to major transportation routes in and around the City. The property offers an exceptional owner / occupier opportunity. With just 35% site coverage and demo clauses in place, the property also has significant upside development potential (approx. 20,000 SF in excess land) while providing the owner with an existing strong and stable rental income. The property is anchored by Monk Office Supply ('Monk') who is an owner occupier. Monk will do a Seller lease back providing the Buyer with a strong cap rate / yield on the purchase (6% + cap rate). Alternatively, Monk can provide vacant possession of the Monk occupied space (18,563 SF of warehouse and 4,721 SF of office over 2 floors) with reasonable notice (lower warehouse occupied by Add2Cart is 4,457 SF). Further details are available upon executing the Non Disclosure Agreement found in the Supplements. (id:45055)

Business

• Property Details

  MLS® Number	1015713
  Property Type	Industrial
  Neigbourhood	Old Esquimalt
  Plan	Vip19847

• Building

  CeilingHeight	264 In
  SizeExterior	27741 Sqft

• Land

  Acreage	Yes
  SizeIrregular	1.64
  SizeTotal	1.64 Ac
  SizeTotalText	1.64 Ac
  ZoningDescription	Light Industrial
  ZoningType	Unknown

• Rooms
• Utilities