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960 Jackson Rd 14.29 Acres of Industrial Land Offered at $24,500,000 CAD in Nanaimo, BC V9X 1J2
Investment Highlights
- 14.29 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 14.29 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 | $24,500,000 CAD | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 14.29 AC |
| Property Type | Land | ||
| Zoning | I4 - Industrial | ||
| Price | $24,500,000 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 14.29 AC |
| Zoning | I4 - Industrial |
1 Lot Available
Lot
| Price | $24,500,000 CAD | Lot Size | 14.29 AC |
| Price Per AC | $1,714,485.65 CAD |
| Price | $24,500,000 CAD |
| Price Per AC | $1,714,485.65 CAD |
| Lot Size | 14.29 AC |
14.29 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.
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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960 Jackson Rd
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