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960 Jackson Road View More Images

For Sale | Industrial Investment Property Available

Development Offering

960 Jackson Road
Nanaimo, BC Canada
Inquire About This Property
Sale Price:
$1,760,000 CAD
Lot Size:
14.13 Acres
Key Features
  • Unique location within Vancouver Island’s distribution network with Nanaimo serving as the Island’s largest commercial port reinforced by a $105 million investment in the expansion of the nearby Duke Point Port in 2024.
  • Strong market fundamentals with less than 2% vacancy and 3.5 million square feet of inventory and little reprieve projected in the development pipeline.
  • Flexible zoning and land use policies that facilitate a variety of light, medium, and heavy industrial uses along with favourable municipal conditions that will mitigate development risk –current commercial BP processing times are 6-8 months.
  • Significant scale with over 14 acres of industrial zoned land serviced to the lot line in an established industrial node of Nanaimo.
  • Unmatched market momentum in the Central Vancouver Island industrial market fueled by diversified economic and demographic fundamentals that continue to support employment, demand and pricing.

Cushman & Wakefield National Capital Markets Group (“C&W”) is pleased to present to the market a 100% freehold interest in 960 Jackson Road, Nanaimo, BC (the “Property”). The Property presents a highly accessible industrial development opportunity with significant scale in a strategic and growing marketplace with stable fundamentals. The 14.129 acre Property fronts onto Jackson Road, the primary arterial for accessing the Duke Point Ferry Terminal providing unique positioning for owner-users, strata, and build-to-suit development. Furthermore, the Property benefits from an in-place lease of approximately 1 acre to EnexFuels set to expire in January 2025.


Price: $1,760,000 Per Acre

960 Jackson Road View More Images

Brokers

Cordell LLoyd Victoria BC
Cordell Lloyd

Associate Vice President, Commercial Sales & Leasing
Victoria, Canada

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