To acquire a “front and centre” investment property in Port Hardy offering a 7.74% capitalization rate in 2014 increasing to 7.93% in 2015. The property is comprised of a total of approximately +/- 28,064 SF of buildings and 2.398 acres of land. The main retail building is comprised of 18,518 SF which includes mezzanine/storage areas. Ancillary buildings on-site include a 7,740 SF lumber shed/garden centre, a 306 SF coffee hut, and a 1,500 SF greenhouse. Home Hardware is the anchor tenant with the balance of the main building leased to The Source electronics.
Building Size28,327 ft²
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