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Mid Island Portfolio
1. MID ISLAND PORTFOLIO
AN INVENTORY
OF AVAILABLE SALE & LEASE
OPPORTUNITIES THROUGHOUT
THE MID - ISLAND REGION
COLLIERS INTERNATIONAL • NANAIMO
335 Wesley Street • Suite 207
Nanaimo, BC • V9R 2T5
PH: +1 250 740 1060
FAX: +1 250 740 1067
www.colliers.com/victoria
2. Terminal Mall
SO â–şâ–ş 30,000â–şSFâ–şretailâ–şcentreâ–şlocatedâ–şinâ–şcentralâ–şNanaimo
LD â–şâ–ş Tenantsâ–şincludeâ–şBankâ–şofâ–şMontreal,â–şBCâ–şLiquorâ–şStore,â–şandâ–ş
Cobbsâ–şBread
â–şâ–ş 1.85â–şacres
NANAIMO BC
4900 Wellington Road
Wellingtonâ–şCourtâ–şRetailâ–şCentre
SO
â–şâ–ş
55,000â–şSFâ–şonâ–ş4.22â–şacres
LD
â–şâ–ş
â–şâ–ş 7.4%â–şcapâ–şrateâ–ş
â–şâ–ş Fiveâ–şnewâ–şlongâ–ştermâ–ştenantsâ–şanchoredâ–şbyâ–ş
Wholesaleâ–şSports
â–şâ–ş $11,200,000
CP Lands, 7 Port Way and 1161 Milton Street (Wellcox Railyard Lands)
â–şâ–ş Comprehensiveâ–şdevelopmentâ–şsiteâ–şinâ–ştheâ–şheartâ–şofâ–ş
downtownâ–şNanaimoâ–şcloseâ–ştoâ–şPortâ–şPlaceâ–şMallâ–şandâ–ş
adjacentâ–ştoâ–ştheâ–şnewâ–şcruiseâ–şshipâ–şterminal
â–şâ–ş 53.65â–şacresâ–şofâ–şwhichâ–ş+/-â–ş20â–şacresâ–şisâ–şavailableâ–ş
forâ–şdevelopment
â–şâ–ş Currentâ–şzoning:â–şP-4â–şTransportationâ–şZoneâ–şandâ–şI-4â–ş
Heavyâ–şIndustrialâ–şZone
â–şâ–ş $7,900,000
Dunsmuir Place Portfolio, Nanaimo
â–şâ–ş Six-storeyâ–şcommercialâ–şoffice/retailâ–şbuilding,â–ş
adjacentâ–şancillaryâ–ştwo-floorâ–şcommercialâ–şbuildingâ–ş
undergoingâ–şrenovations,â–şandâ–şsurroundingâ–ş
parkingâ–şlotsâ–şforâ–şsale
â–şâ–ş Strategicallyâ–şlocatedâ–şdowntownâ–şfeaturingâ–şeasyâ–ş
accessâ–ştoâ–şallâ–şmajorâ–ştransportationâ–şroutes,â–şampleâ–ş
parking,â–şandâ–şgoodâ–ştenantâ–şmix
â–şâ–ş Totalâ–şrentableâ–şareaâ–şofâ–ş60,578â–şSFâ–şonâ–ş2.15â–şacresâ–ş
ofâ–şland
â–şâ–ş $7,200,000â–ş(Actualâ–şcapâ–şrateâ–şofâ–ş6.72%)
5. 865 Albert Street & 510 Machleary Street
RE â–şâ–ş 0.90â–şacreâ–şmultifamilyâ–şdevelopmentâ–şsite
D
U
CE
â–şâ–ş Mountainâ–şviews
D â–şâ–ş DPâ–şapprovedâ–şforâ–ş10â–şunitâ–ştriplexesâ–şorâ–şpotentialâ–şforâ–ş40â–ş
condos
NANAIMO BC
â–şâ–ş $480,000â–şâ–ş$399,000
North Parkway Centre
► ±3,000 SF ground floor commercial strata unit for
sale or lease
â–ş High visibility location along Mostar Road just 1 block
west from the Island Highway and less than 1 km
east of the Nanaimo Parkway
â–ş Lease rates from $22.00 per SF net
â–ş Sale Price from $299.00 per SF
Rock City Centre
LE â–şâ–ş Excellentâ–şexposureâ–ştoâ–şIslandâ–şHighway
A 1,707â–şSFâ–şendâ–şcapâ–şunitâ–şavailable
SE â–şâ–ş
D â–şâ–ş Notableâ–ştenantsâ–şinclude:â–şEarls,â–şTimâ–şHortons,â–ş
HSBC,â–şandâ–şGeneralâ–şPaint
â–şâ–ş $17.00â–şperâ–şSFâ–şnet
â–şâ–ş Additionalâ–şrentâ–şestimatedâ–şatâ–ş$7.65â–şperâ–şSF
495 Dunsmuir Street
â–şâ–ş 5â–şunitsâ–şavailableâ–şfromâ–ş550-2,447â–şSF
â–şâ–ş 6â–şstoreyâ–şprofessionalâ–şbuilding
â–şâ–ş Excellentâ–şparkingâ–şratio
â–şâ–ş Fromâ–ş$12.00â–şperâ–şSFâ–şnet
6. Terminal Mall
â–şâ–ş Highâ–şvisibilityâ–şretailâ–şmallâ–şonâ–şIslandâ–şHighwayâ–şinâ–ş
Centralâ–şNanaimo
â–şâ–ş 1,252â–şSFâ–şnewâ–şretailâ–şspaceâ–şavailable
â–şâ–ş Anchoredâ–şbyâ–şBankâ–şofâ–şMontrealâ–şandâ–şGovernmentâ–ş
NANAIMO BC
Liquorâ–şStore
â–şâ–ş Shadowâ–şanchoredâ–şbyâ–şSaveâ–şOnâ–şFoods
â–şâ–ş Fromâ–ş$16.00â–şSFâ–şnetâ–şrateâ–şandâ–ş$8.56â–şperâ–şSFâ–ş
additionalâ–şrent
6461 Metral Drive
â–şâ–ş Locatedâ–şacrossâ–şstreetâ–şfromâ–şWoodgroveâ–şCentreâ–şmall
â–şâ–ş Fromâ–ş5,000-32,000â–şSFâ–şavailable
â–şâ–ş Newâ–şretail/wholesaleâ–şspaceâ–şinâ–şdevelopment
►► Three►dock►level►doors►and►22’►ceilings
â–şâ–ş Fromâ–ş$13.75â–şperâ–şSFâ–şnet
Longwood Station
►► “Village”►style►neighbourhood►shopping►centre
â–şâ–ş Locatedâ–şonâ–şbusyâ–şIslandâ–şHighwayâ–şretailâ–şcorridorâ–şinâ–ş
Northâ–şNanaimo
â–şâ–ş 1,609â–şSFâ–şunitâ–şavailable
â–şâ–ş Askingâ–ş$30.00â–şperâ–şSFâ–şnetâ–şwithâ–şT.I.â–şpackage
â–şâ–ş Tenantsâ–şinclude:â–şâ–şBostonâ–şPizza,â–şTDâ–şCanadaâ–şTrust,â–ş
Thriftyâ–şFoods
University Village (5th St and Bruce)
â–şâ–ş Retailâ–şcentreâ–şundergoingâ–şmajorâ–şrenovationâ–şandâ–ş
newâ–şconstruction
â–şâ–ş Locatedâ–şonâ–şbusyâ–şintersectionâ–şnearâ–şUniversity
â–şâ–ş Rateâ–şfromâ–ş$20.00â–şperâ–şSFâ–şnet
â–şâ–ş Unitsâ–şavailableâ–şfromâ–ş1,100-2,000â–şSF
â–şâ–ş Anchoredâ–şbyâ–şQualityâ–şFoodsâ–şandâ–şShoppersâ–şDrugâ–ş
Mart
11. 5838 Trans Canada Highway, Duncan
SO â–şâ–ş Retail/officeâ–şplazaâ–şforâ–şsale
LD â–şâ–ş Threeâ–şcommercialâ–şbuildingsâ–ştotalingâ–ş12,771â–şSFâ–ş
onâ–ş1.32â–şacres
â–şâ–ş Ampleâ–şparkingâ–ş
COWICHAN VALLEY & DUNCAN BC
â–şâ–ş Centralâ–şDuncanâ–şlocationâ–şonâ–şTransâ–şCanadaâ–ş
Highway
â–şâ–ş Fiveâ–ştenantsâ–şincludingâ–şA&W
â–şâ–ş $2,275,000
435 Trunk Road, Duncan
SO ►► Duncan’s►landmark►40,000►SF►office►building
LD ►► Just►off►the►Trans►Canada►Highway►in►Duncan’s►
commercialâ–şcore
â–şâ–ş Excellentâ–şvisibilityâ–şandâ–şaccessibility
â–şâ–ş Extensiveâ–şparking
â–şâ–ş $2,250,000
Horseshoe Bay Inn, Chemainus
►► One►of►Vancouver►Island’s►oldest►pubs/inns
â–şâ–ş Comprisesâ–ş11â–şhotelâ–şrooms,â–şpub,retailâ–şliquorâ–şstore
â–şâ–ş Additionalâ–ştwoâ–şresidentialâ–şsuites
â–şâ–ş Onâ–ş0.95â–şacresâ–şofâ–şland
â–şâ–ş $1,825,000
9394 Smiley Road, Chemainus
RE ►► Two►buildings►on►±3.5 acres of useable land
D
U within Chemainus Industrial Park
CE
D ► ±11,640►SF►of►warehouse►and►office►space►in►
mainâ–şbuildingâ–şfrontingâ–şSmileyâ–şRoadâ–şfeaturingâ–ş
max.►ceiling►clear►height►of►16’
► ±5,300►SF►warehouse/shed►with►a►max.►ceiling►
clear►height►of►14’
â–şâ–ş $1,700,000â–ş$1,549,000
12. Seaside Acres, Ladysmith
RE â–şâ–ş Stunningâ–ş23.7â–şacreâ–şmultifamilyâ–şdevelopmentâ–şsite
D Panoramicâ–şocean/islandâ–şviews
U â–şâ–ş
CE
D ►► Phase►3►of►“Seaside►Acres”►development
Potentialâ–şforâ–şupâ–ştoâ–ş300â–şunits
COWICHAN VALLEY & DUNCAN BC
â–şâ–ş
â–şâ–ş Lotâ–ş1:â–ş$1,150,000
â–şâ–ş Lotâ–ş2:â–ş$1,300,000â–ş$1,150,000
Point Ideal, Lake Cowichan
â–şâ–ş 16.91â–şacreâ–şsingleâ–şfamilyâ–şresidentialâ–şdevelopmentâ–ş
site
â–şâ–ş Approvedâ–şPLAâ–şforâ–ş46â–şsingleâ–şfamilyâ–şlots
â–şâ–ş Locatedâ–şonlyâ–ş1â–şkmâ–şfromâ–şdowntownâ–şLakeâ–ş
Cowichanâ–şandâ–şitsâ–şshopsâ–şandâ–şservices
â–şâ–ş Surroundedâ–şbyâ–şnewâ–şandâ–şattractiveâ–şresidentialâ–ş
development
â–şâ–ş $1,100.000
Cowichan Lake Lodge, Lake Cowichan
SO â–şâ–ş Locatedâ–şinâ–şaâ–şpopularâ–şsummerâ–ştouristâ–ş
LD destinationâ–şandâ–şinâ–şcloseâ–şproximityâ–ştoâ–şLakeâ–ş
Cowichan,â–ştheâ–şsecondâ–şlargestâ–şfreshâ–şwaterâ–şlakeâ–ş
onâ–şVancouverâ–şIsland
â–şâ–ş 30â–şunitâ–şmotel
â–şâ–ş Excellentâ–şvisibilityâ–şonâ–şmainâ–şthoroughfare
â–şâ–ş $900,000
5878 York Road, Duncan
RE â–şâ–ş Theâ–şYorkâ–şProfessionalâ–şCentre
D
U
CE â–şâ–ş 3-storeyâ–ş12,005â–şSFâ–şofficeâ–şbuilding
D â–şâ–ş 17â–şsecureâ–şabove-groundâ–şparking
â–şâ–ş Pricedâ–şwellâ–şbelowâ–şreplacementâ–şcost
â–şâ–ş $895,000â–ş$798,000
13. Tansor Industrial Park, Duncan
â–şâ–ş Industrialâ–şlotsâ–şavailableâ–şfromâ–ş0.5-3.0â–şacres
â–şâ–ş Locatedâ–ş4â–şkmâ–şnorthwestâ–şofâ–şdowntownâ–şDuncanâ–ş
andâ–şjustâ–şaâ–şfewâ–şkilometresâ–şfromâ–ştheâ–şTransâ–ş
Canadaâ–şHighway
COWICHAN VALLEY & DUNCAN BC
â–şâ–ş Pricesâ–şrangeâ–şfromâ–ş$277,000-$596,000â–ş
$254,000-$537,000
11 High Street, Ladysmith
RE â–şâ–ş â–şRetailâ–şwarehouseâ–şbuildingâ–ştotalingâ–ş9,000â–şSFâ–ş
D
U overâ–ştwoâ–şfloors
CE
D ►► ►In►heart►of►Ladysmith’s►downtown►core
â–şâ–ş â–şExcellentâ–şstorefrontâ–şexposureâ–şandâ–şaccessâ–ştoâ–şâ–şâ–ş
â–şIslandâ–şHighwayâ–şhalfâ–şaâ–şblockâ–şaway
â–şâ–ş â–şForâ–şSaleâ–şorâ–şLease
â–şâ–ş â–ş$549,000â–ş$479,000
â–şâ–ş â–ş$7.00â–şperâ–şSFâ–şnet
Lot F, Joan Avenue, Crofton
SO â–şâ–ş 10,000â–şSFâ–şmixed-useâ–ş
LD â–şâ–ş Approvedâ–şDPâ–şforâ–ş4â–şstoreyâ–şbuildingâ–şcomprisingâ–ş
15â–şresidentialâ–şunitsâ–şandâ–ş3â–şcommercialâ–şunits
â–şâ–ş Fantasticâ–şocean/islandâ–şviews
â–şâ–ş $399,000â–ş$320,000
5878 York Road, Duncan
â–şâ–ş Theâ–şYorkâ–şProfessionalâ–şCentre
â–şâ–ş Attractiveâ–şofficeâ–şspaceâ–şcentrallyâ–şlocatedâ–şinâ–ş
Duncan
â–şâ–ş 3,700â–şSFâ–şavailableâ–şonâ–ştheâ–ş1stâ–şfloor
â–şâ–ş 2,695â–şSFâ–şavailableâ–şonâ–ştheâ–ş3rdâ–şfloor
â–şâ–ş Secureâ–şabove-groundâ–şparkingâ–şavailable
â–şâ–ş Askingâ–şnetâ–şleaseâ–şratesâ–şfromâ–ş$8.00â–şperâ–şSF
17. 1245 & 1263 Guthrie Road
â–şâ–ş Proposedâ–ş18-â–şandâ–ş14-unitâ–ştownhouseâ–ş
developmentâ–şsitesâ–şlocatedâ–şalongâ–şGuthrieâ–şRoad
â–şâ–ş 2.19â–şacresâ–şofâ–şlandâ–şcomposedâ–şofâ–ştwoâ–şseparateâ–ş
properties
COURTENAY & COMOX BC
â–şâ–ş Engineeringâ–şandâ–şarchitectâ–şplansâ–şavailableâ–şuponâ–ş
request
â–şâ–ş Approvedâ–şdevelopmentâ–şpermitâ–şinâ–şplace
â–şâ–ş $1,100.000
Crown Isle Shopping Centre
â–ş Preleasing for exceptional new retail
development
â–ş Prominent location at major Ryan Road and
Lerwick Road intersection
â–ş Various unit sizes and pads/drive thru available
â–ş Excellent exposure and access/egress
â–ş Anchored by Thrifty Foods grocery store
â–ş Asking rates from $30.00 per SF net
1901 Comox Road, Comox
► ±7.88►acre►waterfront►site►+►0.5►acre►Crown►
grantâ–şportion
â–şâ–ş Possiblyâ–ştheâ–şbestâ–şmixed-useâ–şsiteâ–şinâ–ştheâ–şCity
â–şâ–ş Comprehensiveâ–şInformationâ–şMemorandumâ–şwillâ–ş
beâ–şmadeâ–şavailable
Aspen Grove Centre - 2225 Guthrie Road
â–şâ–ş Aspenâ–şGroveâ–şShoppingâ–şCentreâ–ş
â–şâ–ş 1,530-3,640â–şSFâ–şofâ–şretailâ–şspaceâ–şavailable
â–şâ–ş â–şNewâ–şretailâ–şcentreâ–şadjacentâ–ştoâ–şQualityâ–şFoods
â–şâ–ş â–şGreatâ–şstorefrontâ–şexposure,â–şparkingâ–şandâ–şaccess
â–şâ–ş â–şAskingâ–şnetâ–şleaseâ–şratesâ–şfromâ–ş$20.00â–şperâ–şSF
18. 1590 Cliffe Avenue, Courtenay
►► Ground►floor►commercial►space►in►“The►
Westerly”►(Best►Western)
â–şâ–ş Locatedâ–şonâ–ştheâ–şmainâ–şcommercialâ–şarteryâ–şinâ–ş
downtownâ–şCourtenay
COURTENAY & COMOX BC
► ±1,500 to 4,000►SF►available
â–şâ–ş $12.50â–şperâ–şSFâ–şperâ–şannum
â–şâ–ş $7.50â–şperâ–şSFâ–şadditionalâ–şrent
Glacierview Plaza
â–ş High exposure retail shopping centre
â–ş 1,001 & 1,738 SF available in Q2 2012
► Anchored by White Spot, Wendy’s, Tim Horton’s,
ICI Paints, and Lordco Auto Parts
â–ş Ample parking
â–ş Base rent is $19.00 per SF per annum
â–ş Additional rent is $9.30 per SF per annum
2930 Kilpatrick Avenue
â–şâ–ş Newlyâ–şconstructedâ–ş2,950â–şSFâ–şfreestandingâ–şpadâ–ş
for►lease►adjacent►to►Applebee’s►restaurant
â–şâ–ş Inâ–şcloseâ–şproximityâ–ştoâ–şlargeâ–şretailâ–şenclaveâ–şincludesâ–ş
Walmart,â–şStaples,â–şFutureâ–şShopâ–şandâ–şmore
â–şâ–ş Providesâ–şeasyâ–şaccessâ–ştoâ–şdowntownâ–şCourtenayâ–ş
andâ–ştheâ–şInlandâ–şIslandâ–şHighway
â–şâ–ş Baseâ–şrentâ–şisâ–ş$25.00â–şperâ–şSFâ–şperâ–şannum
â–şâ–ş Additionalâ–şrentâ–şisâ–şestimatedâ–şatâ–ş$8.10â–şperâ–şSF
Riverside Professional Centre, Courtenay
â–şâ–ş 4,551â–şSFâ–şofâ–şretail/officeâ–şspaceâ–şforâ–şlease
â–şâ–ş Spaceâ–şmayâ–şbeâ–şdemisedâ–şintoâ–şunitsâ–şrangingâ–şinâ–ş
sizeâ–şfromâ–ş550-4,551â–şSF
â–şâ–ş Locatedâ–şonâ–ştheâ–şmainâ–şcommercialâ–şarteryâ–şinâ–ş
downtownâ–şCourtenay
â–şâ–ş Askingâ–şnetâ–şleaseâ–şrateâ–şofâ–ş$11.00â–şperâ–şSF
20. 808 South Island Highway, Campbell River
â–şâ–ş â–ş1.28â–şacreâ–şmultifamilyâ–şdevelopmentâ–şsite
â–şâ–ş â–şDirectlyâ–şacrossâ–şIslandâ–şHighwayâ–şfromâ–ş
waterfront
â–şDrawingsâ–şforâ–ş44â–şunitsâ–şwithâ–şu/gâ–şparkingâ–ş
NORTH ISLAND & CAMPBELL RIVER BC
â–şâ–ş
available
â–şâ–ş â–şRM-3â–şzoning
â–şâ–ş â–şMinutesâ–şfromâ–şdowntownâ–şCampbellâ–şRiver
â–şâ–ş â–ş$795,000
21. 81 West Street, Tofino
►► Award-winning►“Whalers►on►the►Point►Guesthouse”
â–şâ–ş 60-bedâ–şhostelâ–şlocatedâ–şinâ–şdowntownâ–şTofino
â–şâ–ş Breathtakingâ–şviewsâ–şofâ–ştheâ–şPacificâ–şOceanâ–şandâ–şClayoquotâ–ş
Sound
PORT ALBERNI & WEST COAST BC
â–şâ–ş Consistentâ–şnetâ–şincomeâ–şwhichâ–şhasâ–şincreasedâ–şinâ–şrecentâ–ş
years
â–şâ–ş $3,850,000
Ocean Village Beach Resort, Tofino
Totalâ–şofâ–ş40â–şstrataâ–şlotsâ–şandâ–ş51â–şunits
SO
â–şâ–ş
5.975â–şacresâ–şofâ–şoceanfront
LD â–şâ–ş
â–şâ–ş Establishedâ–şdestinationâ–şresort
â–şâ–ş Locatedâ–şonâ–şMackenzieâ–şBeach
120 4th Street, Tofino
SO â–şâ–ş Excellentâ–şmixed-useâ–şinvestmentâ–şopportunity
LD â–şâ–ş Locatedâ–şinâ–ştheâ–şheartâ–şofâ–ştheâ–şdowntownâ–şcore
â–şâ–ş 8â–şunits,â–ş6,528â–şSFâ–şbuilding
â–şâ–ş Fullyâ–şleasedâ–ş-â–ş7%â–şcapâ–şrate
â–şâ–ş $1,950,000
324 Forbes Road, Ucluelet
â–şâ–ş Newâ–şhighâ–şqualityâ–şmixed-useâ–şpropertyâ–şonâ–ş3/4â–şacreâ–şatâ–ştheâ–ş
edgeâ–şofâ–ştheâ–şdowntownâ–şcore
â–şâ–ş 8â–şindustrial/commercialâ–şunitsâ–şandâ–ş2â–şresidentialâ–şunitsâ–ş
comprisingâ–ş7,020â–şnetâ–şrentableâ–şSF
â–şâ–ş Currentlyâ–ş100%â–şoccupied
â–şâ–ş $675,000â–ş(actualâ–şcapâ–şrateâ–şofâ–ş8.7%)
â–şâ–ş Potentialâ–şforâ–şupâ–ştoâ–ş26,000â–şSFâ–şofâ–şadditionalâ–şdevelopment
22. 1971 Harbour Crescent, Ucluelet
RE â–şâ–ş 2,310â–şSFâ–şstrataâ–şunitâ–şoutfittedâ–şandâ–şoperatedâ–şpreviouslyâ–ş
D
U
CE asâ–şaâ–ş150â–şpersonâ–şcapacityâ–şrestaurant
D â–şâ–ş Unitâ–şisâ–şimprovedâ–ştoâ–şaâ–şsuperiorâ–şstandard
Located►within►the►80-suite►Water’s►Edge►Resort►
PORT ALBERNI & WEST COAST BC
â–şâ–ş
developmentâ–şinâ–şUcluelet,â–şBC
â–şâ–ş 1,220â–şSFâ–şdeck
â–şâ–ş Includesâ–şrestaurant-relatedâ–şchattelsâ–şandâ–şfixtures
â–şâ–ş $449,000â–ş$359,000