MIXED-USE INVESTMENT OVERVIEW – MEDICAL & PROFESSIONAL CENTRE

FULL DESCRIPTION

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.

Please contact Truss Real Estate Group for more information and price guidance.