2236 McGarrigle Road presents a rare sale-leaseback investment opportunity in Nanaimo, BC, offering stable income, long-term flexibility, and future redevelopment potential. The property consists of a single 1.0-acre legal parcel zoned I-2 (Light Industrial), featuring valuable dual frontage along McGarrigle Road and Northfield Road with excellent connectivity to Highway 19A and the Nanaimo Parkway. The property has operated continuously as a dry-cleaning business since the 1960s, with the current owner occupying the site since 2005. The vendor is prepared to execute a 5-year Triple Net (NNN) leaseback at closing, with lease terms negotiable, providing investors with immediate cash flow supported by a long-established and proven business operation. Acquisition of the operating business in conjunction with the real estate is also available and open to negotiation.
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