I'M HERE TO HELP
Featured listings
COMMERCIAL BUYER'S GLOSSARY
CAP RATE (Capitalization Rate)
A percentage used to measure an investment property’s profitability, calculated by dividing the net operating income by the property’s purchase price.
ZONING BYLAWS
Local government regulations determining how a property can be used (e.g., commercial, industrial, or mixed-use). Check with your local municipality in Northern BC for specific zoning details.
ROI (Return on Investment)
A calculation showing the profitability of a property, factoring in income, operating costs, and appreciation over time.
LEASEHOLD IMPROVEMENTS
Renovations or customizations made by a tenant to a leased property. Often a key consideration in BC leases.
TRIPLE NET LEASE
A lease where the tenant pays for property taxes, insurance, and maintenance costs in addition to base rent. Common in BC for retail and office spaces.
STRATA TITLE
A unique property ownership system in BC where buyers own their individual units and share ownership of common areas, often seen in office and retail spaces.
BUILDING CLASS
A grading system for commercial properties in BC, with Class A being high-quality, newer buildings in prime locations, and Class C being older buildings with basic features.
DUE DILIGENCE
The comprehensive research process before finalizing a purchase, including environmental assessments, building inspections, financial reviews, and zoning compliance.
CAM (Common Area Maintenance)
Shared expenses for maintaining common areas in a commercial property, typically divided among tenants in BC properties.
ENVIRONMENTAL SITE ASSESSMENT (ESA)
A report to determine if a commercial property is contaminated, required for many transactions in BC.
ANCHOR TENANT
A prominent tenant (e.g., a large retail chain) that draws customers to a commercial property, boosting traffic for smaller tenants.
PROPERTY TAX ASSESSMENT
The valuation of a property by BC Assessment for tax purposes. Commercial property taxes vary significantly depending on location and use.
TENANT MIX
The variety of tenants in a multi-use commercial property, designed to create synergy among businesses and increase overall property appeal.
RIGHT OF FIRST REFUSAL (ROFR)
A provision allowing an existing tenant or buyer the opportunity to match an offer on a property before it is sold or leased to another party.
FULL-SERVICE LEASE
A lease type where the landlord covers operating costs, utilities, and maintenance, common in BC’s office markets.
DEMOLITION CLAUSE
A provision in commercial leases in BC that allows the landlord to terminate the lease if they decide to redevelop the property.
NEIGHBOURHOOD NEWS
Looking for the inside scoop on a neighborhood that fits your lifestyle or business goals? Unlock exclusive updates, market trends, and everything you need to know with just one click.
Take the next step in your journey
I look forward to working with you and helping you reach your home ownership goals. Reach out to get in touch and start the process today. I offer:
CENTURY 21 Energy Realty
INFO & SERVICES
CENTURY 21 Energy Realty
1310 5 Avenue, Prince George, BC V2L3L4
(250) 564-2100
INFO & SERVICES
Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.
Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage operation. This e-mail message contains confidential information intended only for the use of the individual or entity named above. Any unauthorized use or disclosure is strictly prohibited. If you have received this communication in error please immediately delete the e-mail and either notify the sender at the above e-mail address or by telephone.
© 2025 MoxiWorks
