2840 Peatt Road, Langford, BC
Court Ordered Sale
Building
- Building Size 59,009 SF
- Land Size 24,563 SF
- Zoning MU2 - Mixed Use Residential Commercial
- Year Built 2021
- Occupancy 100% Occupied
- Parking 153 stalls
- End of Trip Amenities Showers, Secure Bike Storage
- Heating/Cooling Geothermal
- Cap Rate / Net Operting Income Contact listing agents
- Price $27,000,000.00
FOR SALE BY COURT ORDER
Avison Young is pleased to present the opportunity to acquire a best in class newly completed office/retail building in Langford's downtown core. The Terminus building is 5 storey AAA building with retail at grade and office on the upper floors, parking is provided in the surface lot and underground. Built to LEED Gold standards in 2021, the building is fully leased and combines modern west coast architecture with innovative mass timber building technology.
The City of Langford is a vibrant and rapidly growing city on Southern Vancouver Island with very few modern office opportunities making this a desirable opportunity for tenants and investors alike. With a population of approximately 50,000, it is a urban center in the Westshore of the Capital Regional District. The Terminus has served to attract top-tier tenants, offering best in class opportunities catering to businesses that prioritize image, location, and operational efficiency.
Key Highlights:
- Fully leased retail and office building
- Strong tenant mix with local and national covenants
- Ample surface and underground parking
- Electric vehicle charging on site
- Mass timber construction
- Raised floor system on upper floors
- Outdoor patio spaces
- End of trip amenities (bike storage and showers)
- Geothermal heating and cooling
