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607 St. George Blvd 35,840 SF 100% Leased Office Building Moncton, NB E1E 2C2 $5,895,000 CAD ($164.48 CAD/SF)
Investment Highlights
- 100% occupied
- Located in a high-traffic central corridor of Moncton
Executive Summary
The offering presents a rare opportunity to acquire a stable, income-producing B-Class office-flex asset comprising 21 fully-occupied units, providing strong in-place cash flow with room for upside through lease repositioning and operational efficiencies. The asset is being offered at $5,895,000, representing an attractive entry point for investors seeking value in a tightening regional office market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
35,840 SF
Building Class
B
Year Built
1959
Price
$5,895,000 CAD
Price Per SF
$164.48 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
17,920 SF
Building FAR
0.56
Lot Size
1.48 AC
Parking
40 Spaces (1.12 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
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607 St. George Blvd
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