Tilbury heavy industrial facility sold for $5.12 million

The 1-38-acre lot houses a 26,779 square feet warehouse

By
for Western Investor
March 20, 2017





warehouse
 
Price: $5,125,000
No. of Units: 2
Lot Size: 1.38 acres
Property Type: Industrial 
Zoning: I-2
2016 B.C. Assessment Value: $4,473,000
City: Delta
Province: B.C.
Name of Brokerage: Colliers International 
 
A two-tenant industrial property has sold for $5.12 million, Craig Kincaid-Smith of Colliers International reports. 
 
The industrial property is 26,779 square feet on a 1.38-acre lot in Delta’s Tilbury Industrial Park. It was listed on the market for $5.32 million and had an assessed value of $4.47 million. The building is fully leased by two separate tenants and has a capitalization rate of 4.65 per cent. 
 
The property is located at 7580 MacDonald Rd., Delta. 
 

 

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Craig has 20 years of commercial real estate expertise and is vice president of Collier’s industrial sector.

Colliers International Canada
200 Granville St., 19th floor
Vancouver, B.C. V6C 2R6
Office: 604-681-4111

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