Dartmouth Professional Centre
Dartmouth, Nova Scotia
Building
Stats
- Property Type Office - Office Building
- Year built 1974
- Building size (SF) 77,815
- Size (Ac) 2.51
- Price $23,000,000 CAD
Overview
277 Pleasant Street is a 77,815 square foot professional office building that is 89% leased and anchored by the Province of Nova Scotia through various court services and judicial departments. With 5.5 years of average remaining lease term, the Property provides strong-covenant cash flow for a future owner. Investors will also benefit benefit from the Property’s institutional ownership and professional management, which has overseen a comprehensive maintenance and renovation program in recent years. Over $2.7 million in capital upgrades have been completed since 2018, and an additional $2.8 million has been committed by the Vendor for enhancements to tenant areas.
Zoom