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960 Jackson Rd

14.13 Acres of Industrial Land Offered at $17,284,317 USD in Nanaimo, BC V9X 1J2

Investment Highlights

  • 14.129 acres of vacant industrial zoned land
  • Fronting onto Jackson Road, the primary arterial for accessing Duke Point Ferry Terminal
  • Unique location within Vancouver Island’s distribution network with Nanaimo serving as the Island’s largest commercial port reinforced by a $105 milli
  • Highly accessible industrial development opportunity with significant scale
  • Flexible zoning & land use policies facilitate a variety of light, medium, and heavy industrial uses
  • 50% allowable lot coverage

Executive Summary

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.

Property Facts

Price $17,284,317 USD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 14.13 AC

1 Lot Available

Lot

Price $17,284,317 USD
Price Per AC $1,223,235 USD
Lot Size 14.13 AC

14.13 acre land lot with frontage along Jackson Road.

Description

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 Enex Fuels set to expire in January 2025.

zoning

Zoning Code I4 (Industrial)
I4 (Industrial)
  • Listing ID: 28567011

  • Date on Market: 5/24/2023

  • Last Updated:

  • Address: 960 Jackson Rd, Nanaimo, BC V9X 1J2

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