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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 ►► 30,000►SF►retail►centre►located►in►central►Nanaimo
LD ►► Tenants►include►Bank►of►Montreal,►BC►Liquor►Store,►and►
Cobbs►Bread
►► 1.85►acres
NANAIMO BC
4900 Wellington Road
Wellington►Court►Retail►Centre
SO
►►
55,000►SF►on►4.22►acres
LD
►►
►► 7.4%►cap►rate►
►► Five►new►long►term►tenants►anchored►by►
Wholesale►Sports
►► $11,200,000
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
►► Current►zoning:►P-4►Transportation►Zone►and►I-4►
Heavy►Industrial►Zone
►► $7,900,000
Dunsmuir Place Portfolio, Nanaimo
►► Six-storey►commercial►office/retail►building,►
adjacent►ancillary►two-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►60,578►SF►on►2.15►acres►
of►land
►► $7,200,000►(Actual►cap►rate►of►6.72%)
5. 865 Albert Street & 510 Machleary Street
RE ►► 0.90►acre►multifamily►development►site
D
U
CE
►► Mountain►views
D ►► DP►approved►for►10►unit►triplexes►or►potential►for►40►
condos
NANAIMO BC
►► $480,000►►$399,000
North Parkway Centre
► ±3,000 SF ground floor commercial strata unit for
sale or lease
► High visibility location along Mostar Road just 1 block
west from the Island Highway and less than 1 km
east of the Nanaimo Parkway
► Lease rates from $22.00 per SF net
► Sale Price from $299.00 per SF
Rock City Centre
LE ►► Excellent►exposure►to►Island►Highway
A 1,707►SF►end►cap►unit►available
SE ►►
D ►► Notable►tenants►include:►Earls,►Tim►Hortons,►
HSBC,►and►General►Paint
►► $17.00►per►SF►net
►► Additional►rent►estimated►at►$7.65►per►SF
495 Dunsmuir Street
►► 5►units►available►from►550-2,447►SF
►► 6►storey►professional►building
►► Excellent►parking►ratio
►► From►$12.00►per►SF►net
6. 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►
NANAIMO BC
Liquor►Store
►► Shadow►anchored►by►Save►On►Foods
►► From►$16.00►SF►net►rate►and►$8.56►per►SF►
additional►rent
6461 Metral Drive
►► Located►across►street►from►Woodgrove►Centre►mall
►► From►5,000-32,000►SF►available
►► New►retail/wholesale►space►in►development
►► Three►dock►level►doors►and►22’►ceilings
►► From►$13.75►per►SF►net
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)
►► Retail►centre►undergoing►major►renovation►and►
new►construction
►► Located►on►busy►intersection►near►University
►► Rate►from►$20.00►per►SF►net
►► Units►available►from►1,100-2,000►SF
►► Anchored►by►Quality►Foods►and►Shoppers►Drug►
Mart
11. 5838 Trans Canada Highway, Duncan
SO ►► Retail/office►plaza►for►sale
LD ►► Three►commercial►buildings►totaling►12,771►SF►
on►1.32►acres
►► Ample►parking►
COWICHAN VALLEY & DUNCAN BC
►► Central►Duncan►location►on►Trans►Canada►
Highway
►► Five►tenants►including►A&W
►► $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►
commercial►core
►► Excellent►visibility►and►accessibility
►► Extensive►parking
►► $2,250,000
Horseshoe Bay Inn, Chemainus
►► One►of►Vancouver►Island’s►oldest►pubs/inns
►► Comprises►11►hotel►rooms,►pub,retail►liquor►store
►► Additional►two►residential►suites
►► On►0.95►acres►of►land
►► $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►
main►building►fronting►Smiley►Road►featuring►
max.►ceiling►clear►height►of►16’
► ±5,300►SF►warehouse/shed►with►a►max.►ceiling►
clear►height►of►14’
►► $1,700,000►$1,549,000
12. Seaside Acres, Ladysmith
RE ►► Stunning►23.7►acre►multifamily►development►site
D Panoramic►ocean/island►views
U ►►
CE
D ►► Phase►3►of►“Seaside►Acres”►development
Potential►for►up►to►300►units
COWICHAN VALLEY & DUNCAN BC
►►
►► Lot►1:►$1,150,000
►► Lot►2:►$1,300,000►$1,150,000
Point Ideal, Lake Cowichan
►► 16.91►acre►single►family►residential►development►
site
►► Approved►PLA►for►46►single►family►lots
►► Located►only►1►km►from►downtown►Lake►
Cowichan►and►its►shops►and►services
►► Surrounded►by►new►and►attractive►residential►
development
►► $1,100.000
Cowichan Lake Lodge, Lake Cowichan
SO ►► Located►in►a►popular►summer►tourist►
LD destination►and►in►close►proximity►to►Lake►
Cowichan,►the►second►largest►fresh►water►lake►
on►Vancouver►Island
►► 30►unit►motel
►► Excellent►visibility►on►main►thoroughfare
►► $900,000
5878 York Road, Duncan
RE ►► The►York►Professional►Centre
D
U
CE ►► 3-storey►12,005►SF►office►building
D ►► 17►secure►above-ground►parking
►► Priced►well►below►replacement►cost
►► $895,000►$798,000
13. 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
COWICHAN VALLEY & DUNCAN BC
►► Prices►range►from►$277,000-$596,000►
$254,000-$537,000
11 High Street, Ladysmith
RE ►► ►Retail►warehouse►building►totaling►9,000►SF►
D
U over►two►floors
CE
D ►► ►In►heart►of►Ladysmith’s►downtown►core
►► ►Excellent►storefront►exposure►and►access►to►►►
►Island►Highway►half►a►block►away
►► ►For►Sale►or►Lease
►► ►$549,000►$479,000
►► ►$7.00►per►SF►net
Lot F, Joan Avenue, Crofton
SO ►► 10,000►SF►mixed-use►
LD ►► Approved►DP►for►4►storey►building►comprising►
15►residential►units►and►3►commercial►units
►► Fantastic►ocean/island►views
►► $399,000►$320,000
5878 York Road, Duncan
►► The►York►Professional►Centre
►► Attractive►office►space►centrally►located►in►
Duncan
►► 3,700►SF►available►on►the►1st►floor
►► 2,695►SF►available►on►the►3rd►floor
►► Secure►above-ground►parking►available
►► Asking►net►lease►rates►from►$8.00►per►SF
17. 1245 & 1263 Guthrie Road
►► Proposed►18-►and►14-unit►townhouse►
development►sites►located►along►Guthrie►Road
►► 2.19►acres►of►land►composed►of►two►separate►
properties
COURTENAY & COMOX BC
►► Engineering►and►architect►plans►available►upon►
request
►► Approved►development►permit►in►place
►► $1,100.000
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 $30.00 per SF net
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
Aspen Grove Centre - 2225 Guthrie Road
►► Aspen►Grove►Shopping►Centre►
►► 1,530-3,640►SF►of►retail►space►available
►► ►New►retail►centre►adjacent►to►Quality►Foods
►► ►Great►storefront►exposure,►parking►and►access
►► ►Asking►net►lease►rates►from►$20.00►per►SF
18. 1590 Cliffe Avenue, Courtenay
►► Ground►floor►commercial►space►in►“The►
Westerly”►(Best►Western)
►► Located►on►the►main►commercial►artery►in►
downtown►Courtenay
COURTENAY & COMOX BC
► ±1,500 to 4,000►SF►available
►► $12.50►per►SF►per►annum
►► $7.50►per►SF►additional►rent
Glacierview Plaza
► High exposure retail shopping centre
► 1,001 & 1,738 SF available in Q2 2012
► 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 $9.30 per SF per annum
2930 Kilpatrick Avenue
►► 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
►► 4,551►SF►of►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
20. 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►
NORTH ISLAND & CAMPBELL RIVER BC
►►
available
►► ►RM-3►zoning
►► ►Minutes►from►downtown►Campbell►River
►► ►$795,000
21. 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
PORT ALBERNI & WEST COAST BC
►► Consistent►net►income►which►has►increased►in►recent►
years
►► $3,850,000
Ocean Village Beach Resort, Tofino
Total►of►40►strata►lots►and►51►units
SO
►►
5.975►acres►of►oceanfront
LD ►►
►► Established►destination►resort
►► Located►on►Mackenzie►Beach
120 4th Street, Tofino
SO ►► Excellent►mixed-use►investment►opportunity
LD ►► Located►in►the►heart►of►the►downtown►core
►► 8►units,►6,528►SF►building
►► Fully►leased►-►7%►cap►rate
►► $1,950,000
324 Forbes Road, Ucluelet
►► New►high►quality►mixed-use►property►on►3/4►acre►at►the►
edge►of►the►downtown►core
►► 8►industrial/commercial►units►and►2►residential►units►
comprising►7,020►net►rentable►SF
►► Currently►100%►occupied
►► $675,000►(actual►cap►rate►of►8.7%)
►► Potential►for►up►to►26,000►SF►of►additional►development
22. 1971 Harbour Crescent, Ucluelet
RE ►► 2,310►SF►strata►unit►outfitted►and►operated►previously►
D
U
CE as►a►150►person►capacity►restaurant
D ►► Unit►is►improved►to►a►superior►standard
Located►within►the►80-suite►Water’s►Edge►Resort►
PORT ALBERNI & WEST COAST BC
►►
development►in►Ucluelet,►BC
►► 1,220►SF►deck
►► Includes►restaurant-related►chattels►and►fixtures
►► $449,000►$359,000