5.87% CAP on existing income. 8.73% CAP on stabilized income. This is an opportunity to purchase 10 acres of industrial land in Duncan, BC. The Property, located at 3997 Drinkwater Road, has been improved with a fenced and secured 9,042 SF steel frame warehouse built in 2021. The majority of tenants are on month to month leases providing purchasers significant holding income as well as the flexibility to occupy as required. The Property benefits from I2 Industrial Heavy zoning which allows for a wide range of potential uses. Located 5 minutes from Highway 1, the Property provides convenient access to all of Vancouver Island’s population base.