1302 7th Avenue is a well-positioned mixed-use investment opportunity in Prince George, improved with a modern medical and professional centre constructed in 2007. The property comprises approximately 32,533 square feet and is currently 85% leased, offering stable in-place income with meaningful upside through lease-up and rental rate growth.
The building features a strong mix of medical and professional tenants, supported by modern infrastructure including high-speed connectivity and Physician Connect integration. With escalating rental rates, long-term covenant strength, and a proven tenancy profile, the asset presents a compelling value-add investment opportunity in a growing regional hub.
PROPERTY OVERVIEW
- Address: 1302 7th Avenue, Prince George, BC V2L 0G5
- Year Built: 2007
- Lot Size: 1.32 Acres
- Building Size: Approximately 32,533 SQFT
- Occupancy: 85% Leased
- Potential NOI: $680,336
- Tenancy Mix: Medical and Professional
PROPERTY HIGHLIGHTS
- Purpose-built medical and professional centre
- Strong existing tenancy profile
- High-speed connectivity throughout the building
- Physician Connect integration
- Heated underground parking (parkade separately owned)
LOCATION ADVANTAGES
- Proximity to the Community Civic Centre and City Hall
- Adjacent to the Parkhouse condominium development
- Near the new aquatic centre and Hyatt Hotel
- Located within a growing institutional and residential node
INVESTMENT PROFILE
Value-add investment opportunity with escalating rental rates, stable medical and professional tenancy, and long-term covenant strength. The property offers a balance of income security and future upside in one of Northern British Columbia’s key regional markets.
