DEAL | The Squamish ambulance station at 38979 Production Way in the Squamish Business Park achieved its full list price of $2.3 million when it sold April 11. The property was put under contract within 48 hours of listing with Phoenix Commercial Realty and received multiple offers at full list price. The 0.53-acre property has a triple-net lease with the BC Emergency Health Services, a triple-A tenant in a prime location. The relatively new five-year lease includes an option to renew for a further five years, ensuring long-term cash flow with very low input from the new owner for the foreseeable future. Zoned I-11, the site has long-term redevelopment potential with a wide range of permitted uses.
PRICE | $2,300,000
FROM | Mike Guinan-Browne, Phoenix Commercial Realty
