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
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
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Listed by Jones Lang Lasalle Real Estate Services Inc
Data was last updated November 5, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$2,169,000
Min list price:
$95,000
Max list price:
$4,450,000
Avg days on market:
77
Min days on market:
16
Max days on market:
518
These statistics are generated based on the current listing's property type
and located in
North Island. Average values are
derived using median calculations. This data is not produced by the MLS® system.
