1. Mid-Island Listings
A COLLECTION OF SALE AND LEASE LISTINGS IN THE Colliers International
MID-VANCOUVER ISLAND REGION 335 Wesley Street, Suite 207
Nanaimo, BC V9R 2T5
MAIN: +1 250 740 1060
FAX: +1 250 740 1067
www.collierscanada.com/nanaimo
2. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
Metral Station
CO UN >> 32,381 SF retail strip centre in North Nanaimo for sale
N DE >> Excellent visual exposure and frontage on the Island Highway
TR R
A >> Great access/egress with two fully signalized intersections
CT
>> Anchored by Mark’s Work Wearhouse and tenanted by First Choice
Haircutters, Little Caesars, Subway, Herbal Magic, The Cash Store,
Pro Stitch, and Bark & Fitz
>> $13,000,000
Terminal Mall
SO >> 29,719 SF retail centre located in central Nanaimo
LD >> Shadow anchored by Save-On Foods and Terminal Park Mall
>> Tenants include Bank of Montreal, BC Liquor Store, and Cobs Bread
>> 1.85 acres
>> 75 Parking stalls
CP Lands, 7 Port Way and 1161 Milton Street (Wellcox Railyard Lands)
>> Comprehensive development site in the heart of downtown
Nanaimo close to Port Place Mall and adjacent to the new cruise
ship terminal
>> 53.65 acres of which ± 20 acres is available for development
>> A to-be subdivided 3 acres with frontage on Front Street also
available
>> $7,900,000
Dunsmuir Place Portfolio, Nanaimo
SO >> Six-storey commercial office/retail building, adjacent ancillary two-
LD floor commercial building undergoing renovations, and surrounding
parking lots for sale
>> Strategically located downtown featuring easy access to all major
transportation routes, ample parking, and good tenant mix
>> Total rentable area of 65,578 SF on 2.15 acres of land
>> $7,200,000 (Actual cap rate of 6.72%)
3. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
4745 Ledgerwood Road
>> Court-ordered sale
JU
LI >> 3.162 acre multifamily development site in North Nanaimo
ST ST
ED >> Approved development permit in place expires May 16, 2013
>> Comprises three separate apartment buildings totaling 114 units
>> $2,990,000
Lots 4 & 5 - 975 Jackson Road
>> Located in Duke Point Industrial Park
>> Two legal lots of 5.5 acres each
>> Can be purchased separately or together
>> $2,920,000
1336, 1340, 1344, 1348 South Island Highway
CO UN >> Nanaimo mixed-use development site
N DE >> 8.91 acres total with ±4.3 acres developable after watercourse
TR R
A setbacks
CT
>> One block from South Parkway Plaza, Southgate Shopping Centre,
and Country Grocer
>> $2,490,000
2213 McCullough Road & 2204 McGarrigle Road
JU >> Sale leaseback opportunity
LI
ST ST >> Two industrial buildings located in central Nanaimo
ED
>> Total of 16,000 SF of building and 1.98 acres of land
>> 7.17 cap rate on proposed leaseback terms
>> $2,300,000
4. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
960 Jackson Road
>> ±14 acres zoned heavy industrial
>> Located in the Duke Point Industrial Park in close proximity to the BC
Ferry terminal and all major transportation arteries
>> Can be mined for approx. 100,000 tonnes of crushed gravel
>> Tenant on 1 acre paying $1,800 per month
>> $1,800,000
130 Terminal Avenue North
>> For Sale/Lease
>> High exposure investment/lease opportunity on the Island Highway
>> Triple A tenant: White Spot
>> 34,854 SF site and 6,967 SF of building in two pads
>> $2,500,000 $1,995,000
>> $45.00 $35.00 per SF pad ground floor (1,258 SF)
4851 Cedar Ridge Place
JU >> 1.84 acre development site overlooking Long Lake and fronting
LI
ST ST Rutherford Road
ED
>> Zoned COR2 - Mixed-use corridor, allowing for a wide variety of
uses including multiple family dwellings
>> Located across Rutherford Road from Nanaimo North Town Centre
>> $1,500,000
711 Poplar Street
>> ±6,000 SF two-storey office for sale or lease in central Nanaimo
>> Located adjacent to Terminal Park Shopping Centre and close to
the Departure Bay BC Ferry Terminal
>> Built in 1976 and features fenced parking with 13 stalls
>> $13.00 per SF net lease rate or;
>> $1,500,000 sale price
5. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
5085 Uplands Drive
RE >> Proposed 51-unit multi-family development site on 0.91 acres with
D
U
CE
a development permit in place
D >> Located in the heart of north Nanaimo surrounded by newly
developed and mature residential neighbourhoods
>> Close to all major shopping centres, including Woodgrove Centre,
Metral Station, Longwood Station, and Northridge Village
>> $1,099,000 $999,000
425 Spruston Road
JU >> 80 acre of resource management land including McKay Lake (15
LI acres)
ST ST
ED >> Located 10 km from the Nanaimo Airport and 22 km from Duke Point
Ferry Terminal
>> Zoned RM9 and WA1
>> Two single family dwellings permitted on site
>> $999,000
1041 Maughan Road
CO UN >> 1.55 acres of heavy industrial land located in Duke Point Industrial
N DE Park
TR R
A >> 3,024 SF cover-all structure comprised of aluminum and canvas
CT
covering
>> Three phase 600 amp/600 volt underground power
>> $575,000
255 Terminal Avenue
JU >> ±3,296 SF single storey commercial building currently used as an
LI auto showroom
ST ST
ED >> ±10,426 SF land area
>> Zoned as DT4 - Terminal Avenue zone, permitting a variety of
commercial uses
>> Can be purchased in conjunction with 303 Terminal Avenue
>> $825,000
>> $16.00 per SF net
6. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
303 Terminal Avenue
JU >> ±4,560 SF two storey commercial garage with second floor offices
LI
ST ST >> ±17,540 SF land area
ED
>> Zoned as DT4 - Terminal Avenue zone, permitting a variety of
commercial uses
>> Can be purchased in conjunction with 255 Terminal Avenue
>> $825,000
>> $16.00 per SF net
6470 Metral Drive
CO UN
>> Brand new development
N DE >> Freestanding pads available of approximately 3,974 and 2,600 SF;
TR R
A demisable to 911 SF
CT
>> Located in North Nanaimo’s Woodgrove Regional Town Centre
>> Outstanding visual exposure to the Island Highway
>> $22.00 per SF net
495 Dunsmuir Street
>> Office/retail spaces available from 550-13,291 SF
>> Ground floor space up to 13,291 SF available
>> 6 storey professional building
>> Best value in Nanaimo
>> From $12.00 per SF net
>> Generous tenant inducements available
>> Estimated additional rent $7.76 per SF
Units 3 & 7 - 4151 Mostar Road
>> Unit 3 - 5,100 SF service commercial/distribution warehouse
>> Unit 7 - 2,586 SF service commercial/distribution warehouse
>> Excellent visual exposure to the Mostar Road connector
>> Great access/egress to the Nanaimo Parkway and the Island
Highway
>> $10.50 per SF net
>> Estimated additional rent $3.50 per SF
7. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
Metral Station
>> Join Marks Work Wearhouse, First Choice Haircutters, Starbucks
and more
>> Excellent exposure to the Island Highway
>> 1,014 SF end cap unit
>> From $26.00 per SF net
>> Estimated $13.50 per SF additional rent
North Park Plaza - 1551 Estevan Road
JU >> Storefront retail and second floor office space
LI
ST ST >> Units available from 1,696 SF to 6,500 SF
ED
>> Base rents from $8.00 per SF net
>> Excellent visibility to the Island Highway
>> Estimated additional rent $7.57
Vancouver Island Conference Centre
>> High traffic commercial/retail core of downtown Nanaimo
>> New retail/office in Conference Centre block
>> Join Serious Coffee, IRIS, and Coast Capital Insurance
>> Base rent from $15.00 per SF with T.I. package
>> Units available from 1,284-3,400 SF
Unit 410 - 256 Wallace Street
>> 2,779 SF 4th floor office with views of downtown Nanaimo
>> Located on prominent intersection of Wallace Street and Fitzwilliam
Street
>> Comprised of reception area, boardroom, 8 offices, production
room, kitchenette, and ample storage space
>> $11.50 per SF net
>> Estimated additional rent $8.05 per SF
8. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
Terminal Mall
>> High visibility retail mall on Island Highway in Central Nanaimo
>> 1,252 SF new retail space available
>> Anchored by Bank of Montreal and Government Liquor Store
>> Shadow anchored by Save On Foods
>> From $16.00 SF net rate and $10.36 per SF additional rent
6461 Metral Drive
>> New north Nanaimo retail centre
>> Ideal site location in close proximity to Woodgrove Regional
Shopping Centre
>> From 1,100-19,370 SF available
>> 124 parking stalls
Longwood Station
>> “Village” style neighbourhood shopping centre
>> Located on busy Island Highway retail corridor in North Nanaimo
>> 1,609 SF unit available
>> Asking $30.00 per SF net with T.I. package
>> Tenants include: Boston Pizza, TD Canada Trust, Thrifty Foods
University Village (5th St and Bruce)
>> Newly renovated retail centre
>> Located on busy intersection near University
>> Rate from $18.00 per SF net
>> Units available from 1,100-2,000 SF
>> Anchored by Quality Foods and Shoppers Drug Mart
9. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
321 Watfield Road
LE >> ±5,000 SF repair and maintenance workshop with large 0.75 acre
A paved yard
SE
D >> Located in close proximity to Vancouver Island University and
downtown Nanaimo
>> Property offers perimeter fencing, 3 phase power, four grade level
roll up doors, one washroom, office and lunchroom
>> $2,500 per month gross plus utilities
Southgate Shopping Centre
>> Retail Centre located in South Nanaimo’s rapidly growing
commercial node
>> Great tenant mix anchored by Rexall and Tim Hortons
>> Up to 3,600 SF “build-to-suit” pad next to Tim Hortons
>> From $25.00 per SF net
3148 Barons Road
>> 871 SF to 2,024 SF office/retail space available
>> Well-located in central Nanaimo
>> Easy and quick access to Island Highway
>> $945-$2,193 per month gross rent + HST
9 Commercial Street
>> Freestanding building on high exposure intersection
>> Downtown Nanaimo across from new Convention Centre
>> Large private parking lot
>> Up to 19,600 SF on two floors
>> $12.00 net and $5.00 additional cost
>> Owner will consider new “build-to- suit”
10. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
335 Wesley Street
>> Attractive office/retail space for lease in Old City Quarter adjacent to
downtown core of Nanaimo
>> Ground floor courtyard units asking $14.50 per SF net
>> 2nd floor office space asking $12.50 per SF net
>> Unit sizes range from approx. 428-3,274 SF
>> Close to all amenities and transportation routes
Suite #500 - 345 Wallace Street
>> Nicest office space in Nanaimo!
>> 4,517 SF of 5th floor office space
>> Spectacular views and 1st class tenant improvements
>> Award winning state-of-the-art building
>> Asking rate is $20.00 per SF net
Bowen Centre
>> Centrally located office/retail centre
>> Excellent exposure to Nanaimo’s Bowen Road traffic corridor
>> Units varying in size from 904-2,080 SF
>> Ample parking
>> Base rent from $14.00 per SF net
>> Additional rent estimated at $4.77 per SF
Unit 14 - 4386 Boban Drive
>> ±6,000 SF distribution/warehouse space
>> Two grade level and five dock level roll-up doors
>> 22-24’ ceiling heights
>> Base rent is $9.00 per SF per annum
>> Additional rent estimated at $3.50 per SF per annum
11. Nanaimo, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
1835 Bowen Road
>> Build-to-suit opportunity on one of Nanaimo’s main traffic
thoroughfares
>> Potential for 5,000-16,000 SF of office/retail space available
>> Lease rate negotiable
Northridge Village, 5800 Turner Road
JU >> Retail and office space
LI
ST ST >> Unit 304 - 739 SF
ED
>> Unit 603 - 2,400 SF
>> Grocery anchored by Quality Foods
>> $18.00 per SF net
>> Estimated additional rent $6.20 per SF (2012)
Terminal Park Shopping Centre
>> High visibility shopping centre in central Nanaimo anchored by
Save-On Foods
>> Neighbouring tenants include Starbucks, TD Canada Trust, Burger
King, Dollarama, and others
>> 4,654 SF inline CRU available
>> 973 SF corner unit available
>> Base rent from $22.00 per SF net
>> Additional rent estimated at $7.96 per SF
2258 Dorman Road
JU >> 13,650 SF light industrial building comprised of warehouse,
LI showroom, three offices, and staff room
ST ST
ED >> Approximately 0.5 acre paved with fenced yard
>> 3 12’x12’ dock level loading doors
>> 2 10’x10’ grade level loading doors
>> $10.00 per SF net
12. Cowichan Valley & Duncan, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
7233 Trans Canada Highway, Duncan >> Court-ordered sale
CO UN >> Property is comprised of 16,020 SF warehouse, 17,468 SF office,
N DE
TR R and 4,896 SF office/utility structure on 15.05 acres
A
CT >> C-3 Service Commercial zoning
>> $2,650,000
>> Accepted offer subject to court approval
6472 Paddle Road, Duncan
>> 3.07 acre mixed-use development site
>> Property is adjacent to Cowichan Commons - comprised of retailers
such as Home Depot, Future Shop, Walmart, Rona, and Canadian
Tire
>> OCP supports mixed-commercial and residential uses
>> $1,450,000
6759 Considine Avenue, Duncan
JU >> 18,297 SF public use facility located on 2.0 acres of land
LI
ST ST >> Previously Maple Bay Elementary School but has since been
ED converted to a film studio by the current owners
>> Located in Maple Bay, just 15 minutes northeast from Duncan
>> $1,200,000
5611 Culverton Road, Duncan
JU >> 18.37 acre bare land strata development site
LI
ST ST >> R-6 (Bare Land Strata) zoning allows for up to 50 bare land strata
ED units
>> Deep well with ample water installed on the property
>> Favourable financing available for qualified purchasers
>> $1,100,000
13. Cowichan Valley & Duncan, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
3425 River Road, Chemainus
JU >> 7.51 acre light industrial property located in the Chemainus Industrial
LI Park
ST ST
ED >> ±1,000 feet of frontage on the Trans Canada Highway
>> Property includes a single family dwelling, separate workshop, and
sand point well
>> $975,000
Cowichan Lake Lodge, Lake Cowichan
SO >> Located in a popular summer tourist destination and in close
LD proximity to Lake Cowichan, the second largest fresh water lake on
Vancouver Island
>> 30 unit motel
>> Excellent visibility on main thoroughfare
>> $900,000
Tansor Industrial Park, Duncan
>> Industrial lots available from 0.5-3.0 acres
>> Located 4 km northwest of downtown Duncan and just a few
kilometres from the Trans Canada Highway
>> Prices range from $277,000-$596,000 $254,000-$537,000
11 High Street, Ladysmith
CO UN >> Retail warehouse building totaling 9,000 SF over two floors
N DE >> In heart of Ladysmith’s downtown core
TR R
A
CT >> Excellent storefront exposure and access to
Island Highway half a block away
>> $549,000 $479,000
14. Cowichan Valley & Duncan, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
Coronation Mall, Duncan >> 48,000 SF retail development on Trans Canada Highway
>> Units available up to 2,200 SF and freestanding pad up to 2,500
SF
>> Direct exposure and great access from highway
>> Anchored by Shoppers Drug Mart and BC Liquor Store
>> Asking net lease rates from $25.00 SF
Coronation Mall, Ladysmith
>> Ladysmith’s major, high visibility retail mall located on the Island
Highway
>> 1,150-2,750 SF available in 4 units
>> Anchored by Safeway, BC Government Liquor Store, and Rexall
Drugs
>> Lease rates from $16.00 per SF net
3315 Smiley Road, Chemainus
JU >> 4,160 SF heavy industrial warehouse with ample yard space
LI
ST ST >> Two bays approximately 52’ wide x 80’ long
ED
>> Two rooms adjacent to the bays - 32’ wide x 25’ deep (800 SF
each)
>> Located in the Chemainus Industrial Park
>> $6.00 per SF gross
3500 River Road, Chemainus
JU >> Heavy Industrial warehouse
LI
ST ST >> Sizes range from 2,000 SF - 20,000 SF
ED
>> Located in the Chemainus Industrial Park
>> $5.00 per SF gross
15. Parksville & Qualicum, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
371 Alberni Highway, Parksville
>> Fully Serviced Multifamily or seniors Development Site
>> Approved for 266 units
>> Total of 7.57 acres with 3 street frontages
>> Over $1.7 million in off site work completed
>> Full package available
>> $5,350,000 $4,950,000
Halliday House, 188 McCarter Street, Parksville
JU >> Established intermediate care home facility
LI
ST ST >> 20 room, 22 bed facility
ED
>> Land area 12,701 SF
>> $1,350,000
Illusion Lake Road, Qualicum Beach
RE >> Court-ordered sale
D >> 20 acre property in north Qualicum Beach
U
CE
D >> Zoned RM1 - Resource Management 1
>> Significant gravel reserve on site
>> $425,000 $379,000
1080 Industrial Way, Parksville
>> Industrial bays, office, and storage space for lease
>> Unit 2 - Office/utility structure totaling ±750 SF and two storage
units located on 0.25 acre fenced compound
>> Unit 7 - ±2,048 SF open light industrial bays
>> Unit 2 - $950 per month gross plus utilities
>> Unit 7 - $1,000 per month gross plus utilities
16. Parksville & Qualicum, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
1120 Industrial Way, Parksville
>> New 19,000 SF industrial building in Parksville Industrial Park
>> Individual units available at 1,500 SF; 3 of which can be combined
for up to 4,500 contiguous SF
>> Excellent access to Island Highway
>> Heat, lights, grade level overhead door, power sockets, washrooms
provided
>> Asking net lease rate of $6.75 per SF
The Beach Club, Parksville
F >> New retail at prestigious Beach Club Resort in downtown Parksville
LE UL
A LY >> Up to 2,000 SF of retail available in free standing building
SE
D >> 4,500 SF pub/restaurant building also available
>> Features direct exposure and access to busy Island Highway
>> Generous inducements available
>> Asking net lease rates of $16.00 per SF
1065 Herring Gull Way, Parksville
>> Three light industrial warehouse units, each totalling 2,600 SF
>> Located in Parksville’s industrial/service commercial node
>> Easy access and egress from Vancouver Island’s major
transportation routes
>> Some units feature grade level roll-up doors and glass storefront
entrances
>> Base rent of $6.75 per SF net
>> Additional rent estimated at $2.36 per SF
17. Courtenay & Comox, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
Washington Apartments, 1027 - 1033 Ryan Road, Courtenay
JU >> 120 residential rental units
LI
ST ST >> Cap rate 6.54% and cash-on-cash return of 8.18%
ED
>> 3 interconnected strata buildings within a 5-strata complex
>> Undergone significant upgrades
>> $7,750,000
535 Silverdale Crescent, Courtenay
JU >> Single tenanted investment opportunity
LI
ST ST >> Long-term lease with Comox Valley Nissan Ltd.
ED
>> Building 10,934 SF on 2.51 acres
>> New 10-year lease with 5.9% yield increasing to 6.22% during years
6-10
>> $5,500,000
1901 Comox Road, Comox
>> ±7.88 acre waterfront site + 0.5 acre Crown grant portion
>> Possibly the best mixed-use site in the City
>> Comprehensive Information Memorandum will be made available
>> Site has been remediated to residential standards
>> $4,250,000
2455 Mansfield Drive, Courtenay
SO >> 10,982 SF government-tenanted office building constructed circa
LD 1994
>> Ministry of Family an Children’s Services recently completed five-
year lease renewal
>> 6.3% cap rate on actual 2011 net income
>> 39 parking stalls
>> $2,250,000
18. Courtenay & Comox, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
3040 & 3070 Kilpatrick Avenue, Courtenay
>> ±3.5 acre commercial development site
>> Located next to large retail centre; tenants include Walmart,
Staples, The Source, Mark’s Work Wearhouse, Future Shop and
more
>> C-2 Commercial zoning allows for a variety of commercial uses
and mixed-use developments
>> $1,960,000
3230 - 3260 Cliffe Avenue, Courtenay
JU >> 2.806 acre development site
LI
ST ST >> Designated multi-residential area
ED
>> Frontage onto Cliffe Avenue and backing onto Courtenay Riverway
Trail
>> $1,500,000
1325 Comox Road, Courtenay
JU >> 3,500 SF two storey automotive centre and office building on 0.766
LI acres
ST ST
ED >> Separated into a showroom, parts room, sales office, and a 3-bay
service garage
>> $1,150,000
>> $20.00 per SF net
1355 Comox Road, Courtenay
JU >> 5,150 SF two storey automotive centre and office building on ±0.764
LI acres
ST ST
ED >> Separated into a showroom, parts room, sales office, and a 3-bay
service garage
>> $1,150,000
>> $20.00 per SF net
19. Courtenay & Comox, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
Courtenay Crossing Shopping Centre
LE >> 1,229 SF inline CRU unit available
A >> Located at the corner of 17 Street and Cliffe Avenue
SE
D >> Shadow anchored by Safeway; other tenants include Starbucks,
Alberni Outpost, TELUS Mobility, and Iris Optical
>> $22.00 per SF net
>> $8.95 per SF estimated additional rent
2930 Kilpatrick Avenue, Courtenay
>> Newly constructed 2,950 SF freestanding pad for lease adjacent to
Applebee’s restaurant
>> In close proximity to large retail enclave includes Walmart, Staples,
Future Shop and more
>> Provides easy access to downtown Courtenay and the Inland Island
Highway
>> Base rent is $25.00 per SF per annum
>> Additional rent is estimated at $8.10 per SF
Riverside Professional Centre, Courtenay
>> Retail/office space for lease
>> Space may be demised into units ranging in size from 550-4,551
SF
>> Located on the main commercial artery in downtown Courtenay
>> Asking net lease rate of $11.00 per SF
Crown Isle Shopping Centre
>> Preleasing for exceptional new retail development
>> Prominent location at major Ryan Road and Lerwick Road
intersection
>> Various unit sizes and pads/drive thru available
>> Excellent exposure and access/egress
>> Anchored by Thrifty Foods grocery store
>> Asking rates from $28.00 per SF net
20. Courtenay & Comox, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
310 8th Street, Courtenay
>> Retail unit for lease in downtown Courtenay
>> 2,602 SF unit available
>> 32,295 SF centre anchored by Shoppers Drug Mart
>> $15.00 per SF net
>> Additional rent estimated at $5.75 per SF
1590 Cliffe Avenue, Courtenay
>> Ground floor commercial space in “The Westerly” (Best Western)
>> Located on the main commercial artery in downtown Courtenay
>> ±1,500 to 4,000 SF available
>> $12.50 per SF per annum
>> $7.50 per SF additional rent
Glacier View Plaza, Courtenay
>> High exposure retail shopping centre
>> 1,001 SF available
>> Anchored by White Spot, Wendy’s, Tim Horton’s, ICI Paints, and
Lordco Auto Parts
>> Ample parking
>> Base rent is $19.00 per SF per annum
>> Additional rent is $9.41 per SF per annum
Aspen Grove Centre - 2225 Guthrie Road
>> Aspen Grove Shopping Centre
>> 1,144 SF of retail space available
>> Retail centre adjacent to Quality Foods
>> Great storefront exposure, parking and access
>> Asking net lease rates from $20.00 per SF
21. North Island & Campbell River, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
808 South Island Highway, Campbell River
>> 1.28 acre multifamily development site
>> Directly across Island Highway from waterfront
>> Drawings for 44 units with u/g parking available
>> RM-3 zoning
>> Minutes from downtown Campbell River
>> $795,000
22. Port Alberni & West Coast, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
Pacific Rim Shopping Centre, Port Alberni
JU >> 80,394 SF shopping centre tenanted by Staples, Canada Post,
LI
ST ST Dollarama, Coast Insurance, Suzanne’s, The Source, Warehouse
ED One Jeans, Lordco, CIBC, Easyhome, First Choice Haircutters,
A&W, Starbucks, and Connect Hearing
>> Shadow anchored by Walmart and Tyler’s No Frills grocery store
>> NOI (stabilized) $1,276,588 (September 2013)
Redford Centre, Port Alberni
JU >> 19,932 SF centre tenanted by McDonalds, Dominos Pizza, Iris Optical,
LI CitiFinancial, and The Cash Store
ST ST
ED >> Located on prominent thoroughfare in Port Alberni
>> 1.66 acres
>> $4,200,000
81 West Street, Tofino
>> Award-winning “Whalers on the Point Guesthouse”
>> 60-bed hostel located in downtown Tofino
>> Breathtaking views of the Pacific Ocean and Clayoquot Sound
>> Consistent net income
>> $3,500,000
3620 3rd Avenue, Port Alberni
JU >> 12,000 SF service commercial building on 0.44 acres
LI
ST ST >> Sun Coast Waste Services occupy 4,000 SF
ED
>> As is, where is
>> $460,000
23. Port Alberni & West Coast, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
8335 Meshers Road, Port Alberni
JU >> 80 acre rural acreage with residence and development potential
LI
ST ST >> Located just outside Port Alberni in Beaver Creek
ED
>> 1,352 SF single family residence on site
>> As is, where is
>> $460,000
3203 & 3211 2nd Avenue, Port Alberni
JU >> Comprises of three legal lots totaling 12,375 SF and a commercial
LI building
ST ST
ED >> Located in downtown Port Alberni one block removed from main
traffic artery
>> Zoning allows fro a wide range of commercial uses
>> As is, where is
>> $198,000
Redford Centre, Port Alberni
>> High exposure freestanding pad for lease
>> 4,500 SF available
>> 19,932 SF centre tenanted by McDonald’s, Domino’s Pizza, Iris
Optical, CitiFinancial, and The Cash Store
>> From $18.00 per SF net
>> Additional rent estimated at $7.25 per SF
4721 Johnston Road, Port Alberni
>> Build-to-suit lease opportunity on Port Alberni’s main traffic
thoroughfare
>> Up to 15,000 SF
>> High exposure corner site location
>> From $25.00 per SF
24. Port Alberni & West Coast, BC
MID-ISLAND LISTINGS | SEPTEMBER 2012
Pacific Rim Shopping Centre, Port Alberni
>> High exposure retail/office units for lease
>> 1,020 SF & 2,443 SF available
>> 80,500 SF centre shadow anchored by Tyler’s No Frills and
Walmart
>> From $20.00 per SF net
>> Additional rent estimated at $9.31 per SF
