I have listed a new property at 9903 102 Street in Fort St. John. See details here

Fully Leased Investment Property / Long-Term Triple Net Lease / 9.84% Cap Rate/ An excellent opportunity to acquire a fully leased commercial investment property with a secure, long-term tenant in place. This 4,260 sq. ft. building has been built for licensed daycare operations and is now secured under a brand new 10-year Triple Net (NNN) lease beginning in 2024. With an asking price like this, this asset offers an attractive initial cap rate of 9.84%, with upside as rents escalate in the second half of the lease. The tenant has demonstrated strong operational performance in the daycare sector, ensuring long-term value and low vacancy risk.