Listed on: Dec 23, 2025
Last Updated: Apr 14, 2026
3,872 ft²Retail$2,900,000Sale
3,872 ft²
Retail
$2,900,000
Sale
Daniel Lee
Tetra Realty Advisors
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Carefree single-tenant NNN investment property in Duncan, BC. This is a high-exposure site with visibility along Trans-Canada Highway, creating convenient access to Duncan, and the larger Cowichan Valley Regional District.
The Space
Asking Price$2,900,000
Available Space3,872 ft²
Property UseRetail
SourceDirect
The Building
Property Highlights Single-Tenant NNN asset with stable, long term tenancy and minimal landlord responsibilities. Established Regional Operator. Original FARM Cannabis is a well-recognized Vancouver Island brand with four locations, backed by FIKA, one of Canada’s largest cannabis retailers, operating over 10 banners and 200+ locations nationwide. Recent rental escalation in October 2025 with an additional scheduled increase in October 2030, supporting steady income growth. High exposure corner-site positioned along a major highway corridor with ~29,781 vehicles per day. Prime retail node directly across from Duncan’s primary shopping district (Duncan Mall, Duncan Plaza, Duncan Village) and shadow-anchored by national retailers including Save-on-Foods and London Drugs. Capital Upgrades. The Subject Property was substantially rebuilt in 2020 including a new roof, exterior, facade, HVAC, landscaping and asphalt.
Property TypeRetail
Lot Size28,504 ft²
Up to $500K for British Columbia businesses
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