37 Vic Turner Airport Rd - Office FOR SALE


Dawson Creek, BC V1G 0G1
$5,200,000 CAD
604-697-3055
37 Vic Turner Airport Rd, Dawson Creek, BC for Sale
$5,200,000 CAD
Office - FOR SALE
1/21
null | 7% Cap Rate

37 Vic Turner Airport Rd
Dawson Creek, BC V1G 0G1


OVERVIEW

Encana/Ovintiv is a leading North American energy producer with a strong and diverse portfolio of natural gas, oil, and natural gas liquids. The company is committed to supporting the communities where it operates by partnering with employees, community organizations, and other businesses. Encana/Ovintiv is dual-listed on both the TSX and NYSE, with a market capitalization exceeding $9 billion and reported revenue of over $5 billion in 2020. In January 2013, a single-story office building was completed as a built-to-suit project for Encana/Ovintiv under a 10-year lease at a rate of $29.00 per square foot. While the initial lease term ended in January 2023, the company opted to extend it for an additional five years, with the new term running until December 31, 2027. The building also offers an expansion opportunity, as it was designed to accommodate the potential addition of a second floor.

FOR SALE DETAILS

PRICE

$5,200,000 CAD

PRICE/SF

$384 CAD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

M3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nathan LeggCDNGLOBALMore Info
604-697-3055

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Nathan LeggCDNGLOBALMore Info
604-697-3055

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