About 65 Front St
Colliers International is pleased to re-introduce 65 Front Street to the market for sale: a 36,721 square foot, five
storey, iconic office building at the edge of the city's harbour and in the downtown core. Based on the list price,
this offering represents an approximate actual capitalization rate of 5.2% and approximate stabilized
capitalization rate of 7.6%. Investment highlights, include: new long term leases with highly coveted tenants;
upside in the cap rate by leasing the only, one vacant unit (6,277 square feet) in the building; prime office
location in downtown Nanaimo, with city and harbour views from several floors/suites; 22 parking stalls at the
rear of the building; and, high visibility building close to all major transportation routes. Additional information is
available to qualified prospective purchasers upon receipt of a signed Confidentiality Agreement. Offers to be
received and considered by Vendor on or before April 13, 2022,
Commercial Sale home for sale in Nanaimo, BC at 65 Front St.
Amenities of 65 Front St
| Is Waterfront |
No
|
| Has Pool |
No
|
Map To 65 Front St, Nanaimo
