42,688 ft²Retail$8,980,000Sale
42,688 ft²
Retail
$8,980,000
Sale
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SINGLE-TENANT NNN PHARMACY | PRIME CORNER LOCATION
The Space
Asking Price$8,980,000
Available Space42,688 ft²
Net Operating Income$$468,018
Property UseRetail
SourceDirect
The Building - Rexall
Marcus & Millichap's Western Canada NNN Group presents 1511 Admirals Road, View Royal, BC (the "Subject Property"), an 11,854 SF freestanding Rexall pharmacy on a corner site at Admirals Road and Glentana Road, surrounded by national tenants including Canadian Tire and Thrifty Foods (Sobeys). The property is 100% leased to Rexall Pharmacies (BC) ULC on a landlord favourable NNN lease expiring October 31, 2031, with two successive five-year renewal options, approximately 5.5 years of remaining term, and backed by a tenant with a 122-year operating history and ~400 locations nationally.
Property TypeRetail
Floors1
Building Size11,854 ft²
Lot Size0.98 AC
Up to $500K for British Columbia businesses
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