Diversified industrial investment offering multiple income streams. The property includes a 315-unit self-storage operation (287 lockers, 22 uncovered and 6 covered RV/boat spots) alongside a mix of tenanted industrial buildings — currently operating at high occupancy. Estimated ~7.60% cap rate on the stabilized listing price - (derived from August 2026 C & R Appraisal data). Sale includes the interest in the existing 99-year land lease, expiring August 31, 2115; assets located on Cowichan Indian Reserve No. 1. A further 5 acres of land may become available for expansion, subject to final Cowichan Tribes approval and additional consideration. Positioned in the Cowichan Valley south of Duncan, roughly midway between Victoria and Nanaimo. Proposed transaction must be structured as a Share Sale — contact listing agent for details. Do not approach owners or tenants, and do not access the site without prior approval. All measurements are approximate only and should be verified by Buyer.
Data was last updated November 14, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$2,000,000
Min list price:
$299,000
Max list price:
$9,475,000
Avg days on market:
156
Min days on market:
53
Max days on market:
518
These statistics are generated based on the current listing's property type
and located in
Du East Duncan. Average values are
derived using median calculations. This data is not produced by
the MLS® system.