28,790 sq. ft. site with renewable land lease and 13,283 sq. ft. building
Land lease improved with office and hangar building. Site area of 28,790sf with a renewable land lease in place with the Victoria Airport Authority, the term goes to April 30, 2027. The renewal allows for a further 20 year term, which could offer further renewals thereafter. Built in 1992, the site is improved with a 13,283sf building (3,420sf office + 9,863sf industrial warehouse/hangar). There have been significant and recent renovations including the addition of second floor office, new hangar door, solar panels, gas heating, and LED lights. There are sprinklers throughout and ceiling heights in the warehouse/hangar of 18 to 21 ft. Multi-tenant property leased to largely month to month tenants, well suited to an owner occupier. Please call Listing Agents for more information and access to data room.
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