77,815 ft²OfficeContactSale
77,815 ft²
Office
Sale
Michael Brown
Avison Young (Maritimes) Inc
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.
The Space
Available Space77,815 ft²
SourceBuildout
The Building - Dartmouth Professional Centre
The Property is conveniently located on a 2.51-acre corner site with prominent frontage on Pleasant Street and Acadia Street, within a well-established commercial, civic and residential node that is within a 15-minute drive of Downtown Halifax. The Property benefits from significant development activity in the immediate vicinity, including the $150-million expansion and renovation of Dartmouth General Hospital and the continued densification of Nova Scotia Community College (NSCC)’s Ivany Campus, which includes a new student housing complex slated for completion in 2025. Continued residential and commercial growth in the immediate area, coupled with the Property’s flexible in-place zoning, positions 277 Pleasant Street as a strong candidate for future redevelopment potential.
Property TypeOffice
Floors6
Building Size77,815 ft²
Lot Size2.51 AC
ZoningCOR
Year Built1974
Building ClassB
Year Renovated2021
Up to $500K for Nova Scotia businesses
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