6.73% cap rate retail building in the commercial core of Port Hardy on Granville St.
100% occupied by Rexall Pharmacy with corporate convenant on title and contractual lease term until October 31, 2033 with a 1x5 year renewal option thereafter. Large 1.71 acre parcel of land with ample parking and high visibility for retail customers in the sizeable trade area of Port Hardy and surrounding rural municipalities.
Long term lease and necessity based tenancy provide long term stable cash flows to potential investors.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building
Lease Type:
Sale Of Shares
Listing General Location:
NI Port Hardy, North Island
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.71 acre(s)0.69 hectare(s)
Taxes:
$38,809.49 /
2025
Commercial Area:
Not Applicable
Fireplace:
No
Pending Date:
Dec 18, 2025
Date Sold:
Feb 04, 2026
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Available clear title.
Assessed:
1855000.0
Assessment year:
2025
Jurisdiction name:
District of Port Hardy
Legal Description:
LOT 2, PLAN VIP60727, SECTION 36, TOWNSHIP 9, RUPERT LAND DISTRICT