1920 Boxwood Rd - Warehouse FOR SALE


Nanaimo, BC V9S 5Y2
$8,475,000 CAD
604-662-3000
1920 Boxwood Rd, Nanaimo, BC for Sale
$8,475,000 CAD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

1920 Boxwood Rd
Nanaimo, BC V9S 5Y2


HIGHLIGHTS

  • Centrally located in Northfield Industrial District with direct highway access.
  • Fully leased to AccessSMT Holdings Ltd. with strong tenant profile.
  • Tilt-up concrete construction with secure gated yard and landscaping.
  • 20-foot warehouse ceilings and three grade-level loading doors.
  • Fully air-conditioned office space across two floors with natural light.

OVERVIEW

Positioned in the heart of Nanaimo’s Northfield Industrial District, 1920 Boxwood Road offers a rare opportunity to acquire a high-quality, fully leased industrial asset in one of Vancouver Island’s most accessible commercial hubs. This 18,800 SF tilt-up concrete building sits on a 43,720 SF lot and is professionally landscaped with a secure, gated yard. Zoned I-2, the property supports a wide range of industrial uses and is ideally located just off Bowen Road, with seamless access to both the Island Highway and the Inland Island Highway (Nanaimo Parkway). The building features a well-appointed main floor with showroom and office space, including four private offices, a meeting room, and washroom, all fully air-conditioned and naturally lit. The warehouse portion boasts 20-foot ceiling heights, forced air heating, and three grade-level loading doors. The upper floor offers an open-plan office layout with eight private offices and two washrooms, also fully air-conditioned. Additional infrastructure includes three-phase electrical service and full sprinkler coverage. Surrounded by major industrial and service tenants such as Purolator, Gregg Distributors, and City Electric Supply, the property benefits from strong co-tenancy and proximity to key amenities. Drive times include just 3 minutes to the Old Island Highway, 8 minutes to Downtown Nanaimo, and 12 minutes to Woodgrove Shopping Centre. With a population of over 100,000 and an average household income of $97,055, Nanaimo continues to attract investment and business growth across construction, healthcare, retail, and professional services.

FOR SALE DETAILS

PRICE

$8,475,000 CAD

PRICE/SF

$451 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

UTILITIES

Lighting - Fluorescent, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.98

LAND SF

42,720

ZONING

I-2

APN/PARCEL ID

029-010-888

ASK ABOUT THIS PROPERTY

Ed Ferreira, PRECCBRE, LimitedMore Info
604-662-3000

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Ed Ferreira, PRECCBRE, LimitedMore Info
604-662-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.