Industrial in V9R available for sale
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Industrial Property for Sale near V9R

V9R Industrial Property for Sale

Industrial Properties for Sale Within 5 kilometers of V9R

More details for 1920 Boxwood Rd, Nanaimo, BC - Industrial for Sale

1920 Boxwood Rd

Nanaimo, BC V9S 5Y2

  • Industrial for Sale
  • $8,475,000 CAD
  • 18,800 SF

Nanaimo Industrial for Sale

Positioned in the heart of Nanaimo’s Northfield Industrial District, 1920 Boxwood Road offers a rare opportunity to acquire a high-quality, fully leased industrial asset in one of Vancouver Island’s most accessible commercial hubs. This 18,800 SF tilt-up concrete building sits on a 43,720 SF lot and is professionally landscaped with a secure, gated yard. Zoned I-2, the property supports a wide range of industrial uses and is ideally located just off Bowen Road, with seamless access to both the Island Highway and the Inland Island Highway (Nanaimo Parkway). The building features a well-appointed main floor with showroom and office space, including four private offices, a meeting room, and washroom, all fully air-conditioned and naturally lit. The warehouse portion boasts 20-foot ceiling heights, forced air heating, and three grade-level loading doors. The upper floor offers an open-plan office layout with eight private offices and two washrooms, also fully air-conditioned. Additional infrastructure includes three-phase electrical service and full sprinkler coverage. Surrounded by major industrial and service tenants such as Purolator, Gregg Distributors, and City Electric Supply, the property benefits from strong co-tenancy and proximity to key amenities. Drive times include just 3 minutes to the Old Island Highway, 8 minutes to Downtown Nanaimo, and 12 minutes to Woodgrove Shopping Centre. With a population of over 100,000 and an average household income of $97,055, Nanaimo continues to attract investment and business growth across construction, healthcare, retail, and professional services.

Contact:

CBRE, Limited

Property Subtype:

Warehouse

Date on Market:

2025-08-14

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Industrial Properties for Sale in V9R

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How many industrial properties are available for sale in V9R?
There are currently 1 industrial properties available for sale in V9R, offering a unique opportunity for businesses to establish a presence.
How big are the industrial properties available for sale in V9R?
The average size of industrial properties available for sale in Nanaimo is about 9,760 SF. The largest industrial properties available to buy is 9,760 SF and the smallest is 9,760 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for industrial properties in V9R?
The average market cap rate for industrial properties for sale is about 7.50% based on data provided in V9R. Learn more about how cap rates are calculated.