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7672 Progress Way - Progress Way Business Centre 19,517 SF Industrial Condo Unit Offered at $11,750,000 CAD in Delta, BC V4G 1A4
Investment Highlights
- Two docks & one grade door
- 3 Phase power capacity.
- Easy highway access
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Bankruptcy Sale |
| Sale Type | Investment or Owner User |
| Sale Conditions | Bankruptcy Sale |
Description
19,517 square foot industrial strata unit including 2,979 square feet of mezzanine space.
Sale Notes
Receivership Sale. Opportunity to acquire a strata titled unit in the Progress Way Business Centre, completed by Beedie Group in 2023, containing a total gross floor area of 19,517 sq.ft., including 2,979 sq,ft, of mezzanine space. The subject unit is serviced by two truck level doors and one drive-in door, with 32' clear ceilings, 3-phase (2,500 amps at347/600 volt) power, ESFR sprinklers, high efficiency LED lighting fixtures, gas-fired unit heaters, and circulation fans. The subject unit shares a surface parking lot with the other six units in the complex, with 17 designated parking spaces for the subject unit. The subject unit is being sold as-is-where-is, and all offers are subject to court approval.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 104 | 19,517 SF | Industrial | $11,750,000 CAD ($602.04 CAD/SF) | - |
Unit 104
| Unit Size |
| 19,517 SF |
| Condo Use |
| Industrial |
| Price |
| $11,750,000 CAD ($602.04 CAD/SF) |
| NOI |
| - |
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Unit 104
| Unit Size | 19,517 SF |
| Condo Use | Industrial |
| Price | $11,750,000 CAD ($602.04 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Bankruptcy Sale |
| Description | |
| 19,517 square foot industrial strata unit including 2,979 square feet of mezzanine space.</li></ul> | |
| Sale Notes | |
| Receivership Sale. Opportunity to acquire a strata titled unit in the Progress Way Business Centre, completed by Beedie Group in 2023, containing a total gross floor area of 19,517 sq.ft., including 2,979 sq,ft, of mezzanine space. The subject unit is serviced by two truck level doors and one drive-in door, with 32' clear ceilings, 3-phase (2,500 amps at347/600 volt) power, ESFR sprinklers, high efficiency LED lighting fixtures, gas-fired unit heaters, and circulation fans. The subject unit shares a surface parking lot with the other six units in the complex, with 17 designated parking spaces for the subject unit. The subject unit is being sold as-is-where-is, and all offers are subject to court approval.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- 24 Hour Access
- Controlled Access
- Mezzanine
- Security System
- Signage
- Skylights
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| BC Ferries |
-
|
December 2027
|
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Street View
Street
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7672 Progress Way - Progress Way Business Centre
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