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Mid-Island Portfolio
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.colliers.com/victoria
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 2012

Metral Station
                                          >>   32,381 SF retail strip centre in North Nanaimo for sale
                                  JU
                             LI                Excellent visual exposure and frontage on the Island Highway
                                  ST ST   >>
                                    ED    >>   Great access/egress with two fully signalized intersections
                                          >>   Anchored by Mark’s Work Warehouse and tenanted by First Choice
                                               Haircutters, Little Caesars, Subway, Herbal Magic, The Cash Store,
                                               Pro Stitch, and Bark & Fitz



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%)
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 2012

1961 Zorkin Road
                                                  >> Oceanfront site with water lot
                                                  >> Mixed use development site directly adjacent to the Departure Bay
                                                     Ferry Terminal (BC Ferries)
                                                  >> ±4.96 acres of fee simple and ±3.3 acres of leased foreshore
                                                  >> Unparalleled views of Departure Bay and Newcastle Island and
                                                     close to Nanaimo’s commercial amenities and transportation routes
                                                  >> $6,000,000


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
                                                  >> Nanaimo Mixed-use development site
                                                  >> 8.91 acres total with ±4.3 acres developable after watercourse
                                                     setbacks
                                                  >> One block from South Parkway Plaza, Southgate Shopping Centre,
                                                     and Country Grocer
                                                  >> $2,490,000




960 Jackson Road
                            RE                    >> ±14 acres zoned heavy industrial
                                 D
                                     U
                                         CE       >> Located in the Duke Point Industrial Park in close proximity to the BC
                                              D      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
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 2012

130 Terminal Avenue North
                            CO UN
                                           >>   For Sale/Lease
                              N DE         >>   High exposure investment/lease opportunity on the Island Highway
                               TR R
                                  A
                                    CT     >>   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)



1451 Bowen Road
                                           >>   Single-tenanted investment property in central Nanaimo
                                           >>   15,126 SF lease with Nanaimo Athletic Club expiring Jan. 31, 2015
                                           >>   Extensive renovation completed
                                           >>   7.9% cap rate on actual 2011 net income
                                           >>   $1,899,000




711 Poplar Street
                                           >> ±6,000 SF two-storey office for sale or lease in central Nanaimo
                                   JU
                              LI              Located adjacent to Terminal Park Shopping Centre and close to
                                   ST ST   >>
                                     ED       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



5085 Uplands Drive
                                           >> Proposed 51-unit multi-family development site on 0.91 acres with
                                              a development permit in place
                                           >> 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
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 2012

1041 Maughan Road
                                        >> 1.55 acres of heavy industrial land located in Duke Point Industrial
                                           Park
                                        >> 3,024 SF cover-all structure comprised of aluminum and canvas
                                           covering
                                        >> Three phase 600 amp/600 volt underground power
                                        >> $575,000



North Parkway Centre
                                        >> Two units available
                                        >> ±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



Metral Station
                                        >>   Join Marks Work Warehouse, First Choice Haircutters, Starbucks
                                             and more
                                        >>   Excellent exposure to the Island Highway
                                        >>   4,741 SF CRU available (can be demised)
                                        >>   1,014 SF end cap unit
                                        >>   From $26.00 per SF net
                                        >>   Estimated $14.21 per SF additional rent


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
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 2012

495 Dunsmuir Street
                                           >>   5 office spaces available from 550-2,447 SF
                                           >>   6 storey professional building
                                           >>   Best value in Nanaimo
                                           >>   From $12.00 per SF net
                                           >>   Generous tenant inducements available




Units 3 & 7 - 4151 Mostar Road
                                   JU      >> Unit 3 - 5,100 SF service commercial/distribution warehouse
                              LI
                                   ST ST   >> Unit 7 - 2,586 SF service commercial/distribution warehouse
                                     ED
                                           >> 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


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 Road
                                           >> 2,779 SF 4th floor office with views of downtown Nanaimo
                                   JU
                              LI           >> Located on prominent intersection of Wallace Road and Fitzwilliam
                                   ST ST
                                     ED       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
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 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
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 2012

321 Watfield Road
                                          >> ±5,000 SF repair and maintenance workshop with large 0.75 acre
                                  JU
                             LI              paved yard
                                  ST ST
                                    ED    >> 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 Mall
                                          >> Retail Centre located in South Nanaimo’s rapidly growing
                                             commercial node
                                          >> Great tenant mix anchored by Rexall and Tim Hortons
                                          >> Up to 3,000 SF “build-to-suit” pad next to Tim Hortons
                                          >> From $25.00 per SF net




3148B Barons Road
                                          >>   1,153 SF office/retail unit in mixed-use building
                                          >>   Well-located in central Nanaimo
                                          >>   Easy and quick access to Island Highway
                                          >>   $1,250 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”
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 2012

Summerhill Crossing
                                   >>   Brand new retail development
                                   >>   Prominently located along Bowen Road, one of Nanaimo’s main
                                        traffic corridors
                                   >>   Various units sizes and pads available
                                   >>   Excellent access and egress
                                   >>   Ample parking
                                   >>   Asking rate from $25.00 per SF net


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 with potential for larger
                                        space up to 2,089 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
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 2012

South Parkway Plaza
                                                >> 1,500 SF storefront CRU space available
                                                >> Located in south Nanaimo’s rapidly growing retail enclave
                                                >> Shadow anchored by the recently completed Country Grocer
                                                >> $18.00 per SF net
                                                >> Estimated additional rent is $10.64 per SF




Unit 14B - 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




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

Unit 15 - 4131 Mostar Road
                              LE                >>   ±1,000 SF distribution/warehouse space
                                   A            >>   Visible and accessible from Mostar Road
                                       SE
                                            D   >>   Base rent is $9.00 per SF per annum
                                                >>   Additional rent estimated at $3.50 per SF per annum
Nanaimo, BC
MID-ISLAND PORTFOLIO | JUNE 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




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
Cowichan Valley & Duncan, BC
MID-ISLAND PORTFOLIO | JUNE 2012

7233 Trans Canada Highway, Duncan	                  >> Court-ordered sale
                              RE
                                   D                >> Property is comprised of 16,020 SF warehouse, 17,468 SF office,
                                       U
                                           CE          and 4,896 SF office/utility structure on 15.05 acres
                                                D
                                                    >> C-3 Service Commercial zoning
                                                    >> $2,950,000




6472 Paddle Road, Duncan
                                                    >> 3.07 acre mixed-use development site
                                   JU
                              LI                    >> Property is adjacent to Cowichan Commons - comprised of retailers
                                   ST ST
                                     ED                such as Home Depot, Future Shop, Walmart, Rona, and Canadian
                                                       Tire
                                                    >> OCP supports mixed-commercial and residential uses
                                                    >> $1,450,000



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 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
Cowichan Valley & Duncan, BC
MID-ISLAND PORTFOLIO | JUNE 2012

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




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




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, Blockbuster, BC Liquor Store
                                         >> Asking net lease rates from $25.00 SF
Cowichan Valley & Duncan, BC
MID-ISLAND PORTFOLIO | JUNE 2012

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
Parksville & Qualicum, BC
MID-ISLAND PORTFOLIO | JUNE 2012

371 Alberni Highway, Parksville	
                            CO UN                   >>   Fully Serviced Multifamily or seniors Development Site
                              N DE                  >>   Approved for 266 units
                               TR R
                                  A                 >>   Total of 7.57 acres with 3 street frontages
                                    CT
                                                    >>   Over $1.7 million in off site work completed
                                                    >>   Full package available
                                                    >>   $5,350,000 $4,950,000



272 Island Highway West, Parksville
                             RE                     >> Not currently operating; requires some capital expenditure
                                   D                >> 23-room motel located on the Island Highway in downtown
                                       U
                                           CE
                                                D      Parksville core
                                                    >> Holding income from existing restaurant lease
                                                    >> Asking price less than land value!
                                                    >> $999,000 $799,000



Illusion Lake Road, Qualicum Beach
                                                    >>   Court-ordered sale
                                                    >>   20 acre property in north Qualicum Beach
                                                    >>   Zoned RM1 - Resource Management 1
                                                    >>   Significant gravel reserve on site
                                                    >>   $425,000




1080 Industrial Way, Parksville
                                   JU
                                                    >> Industrial bays, office, and storage space for lease
                              LI                       Units 1 & 2 - Two office/utility structures totaling ±1,800 SF and
                                   ST ST            >>
                                     ED                two storage units located on 0.25 acre fenced compound
                                                    >> Unit 7 - ±2,048 SF open light industrial bays
                                                    >> Units 1 & 2 - $1,400 per month gross plus utilities
                                                    >> Unit 7 - $1,000 per month gross plus utilities
Parksville & Qualicum, BC
MID-ISLAND PORTFOLIO | JUNE 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
                                    >>   New retail at prestigious Beach Club Resort in downtown Parksville
                                    >>   Up to 2,000 SF of retail available in free standing building
                                    >>   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
Courtenay & Comox, BC
MID-ISLAND PORTFOLIO | JUNE 2012

2498 & 2650 Arden Road, Courtenay
                                        >> ± 28 acre residential development site
                                        >> Zoned and approved for up to 128 patio homes
                                        >> Useable area of approx. 19 acres
                                        >> Mixed zoning classification of CD-20 and PA-2
                                        >> $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


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 Warehouse, Future Shop and
                                           more
                                        >> C-2 Commercial zoning allows for a variety of commercial uses
                                           and mixed-use developments
                                        >> $1,960,000


1245 & 1263 Guthrie Road, Comox
                             SO         >>   Proposed 18- and 14-unit townhouse development sites located
                                   LD        along Guthrie Road
                                        >>   2.19 acres of land composed of two separate properties
                                        >>   Engineering and architect plans available upon request
                                        >>   Approved development permit in place
                                        >>   $1,100,000
Courtenay & Comox, BC
MID-ISLAND PORTFOLIO | JUNE 2012

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




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




Glacierview Plaza, Courtenay
                                    >> High exposure retail shopping centre
                                    >> 1,001 & 1,738 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


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
Courtenay & Comox, BC
MID-ISLAND PORTFOLIO | JUNE 2012
Courtenay Crossing Shopping Centre
                                           >> 1,229 SF inline CRU unit available
                                           >> Located at the corner of 17 Street and Cliffe Avenue
                                           >> 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



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




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 $30.00 per SF net
Courtenay & Comox, BC
MID-ISLAND PORTFOLIO | JUNE 2012

310 8th Street, Courtenay
                                  JU
                                          >>   Two retail units for lease in downtown Courtenay
                             LI                2,602 SF & 2,302 SF units available
                                  ST ST   >>
                                    ED    >>   32,295 SF centre anchored by Shoppers Drug Mart
                                          >>   Rates starting from $12.00 per SF net
                                          >>   Additional rent estimated at $5.75 per SF
North Island & Campbell River, BC
MID-ISLAND PORTFOLIO | JUNE 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
Port Alberni & West Coast, BC
MID-ISLAND PORTFOLIO | JUNE 2012

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




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




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




Pacific Rim Shopping Centre, Port Alberni
                                   JU      >> High exposure retail/office units for lease
                              LI
                                   ST ST   >> 4,941 SF & 2,443 SF available
                                     ED
                                           >> 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
Port Alberni & West Coast, BC
MID-ISLAND PORTFOLIO | JUNE 2012

Redford Centre, Port Alberni
                                    JU
                                            >> High exposure freestanding pad for lease
                               LI
                                    ST ST   >> 4,500 SF available
                                      ED
                                            >> 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
Contact Us
MID-ISLAND PORTFOLIO | MAY 2012


                                       JASON WINTON                                                                                                                              BRAD ARCHIBALD

                                       MAIN:     +1 250 740 1060 EXT 2223                                                                                                        MAIN:    +1 250 740 1060 EXT 2224
                                                 +1 250 722 0331

                                       CELL:    +1 250 756 6292                                                                                                                  CELL: +1 250 618 3171
                                       FAX:    +1 250 740 1067                                                                                                                   FAX: +1 250 740 1067

                                       jason.winton@colliers.com                                                                                                                 brad.archibald@colliers.com

                                       BRAD BAILEY
                                                                                                                                         Colliers International
                                       MAIN:     +1 250 740 1060 EXT 2222                                                                335 Wesley Street, Suite 207
                                                                                                                                         Nanaimo, BC V9R 2T5
                                                                                                                                         MAIN:	 +1 250 740 1060
                                       CELL: +1 250 618 8170
                                       FAX: +1 250 740 1067                                                                              FAX:	 +1 250 740 1067

                                       brad.bailey@colliers.com                                                                          www.colliers.com/victoria




This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to,
warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document
and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2012. All rights
reserved. This communication is not intended to cause or induce breach of an existing listing agreement.
MID-ISLAND PORTFOLIO | JUNE 2012




Nanaimo             +1 250 740 1060   Waterloo   +1 519 570 1330

Victoria            +1 250 388 6454   London     +1 519 438 4300

Vancouver           +1 604 681 4111   Ottawa     +1 613 567 8050

Kelowna             +1 250 763 2300   Montreal   +1 514 866-1900

Calgary             +1 403 266 5544   Moncton    +1 506 870 2700

Edmonton            +1 780 420 1585   Halifax    +1 902 422 1422

Saskatoon           +1 306 664 4433

Regina              +1 306 789 8300

Winnipeg            +1 204 943 1600

Toronto             +1 416 777 2200

Burlington          +1 905 333 8849




P. 20 Office Leasing Guide                                         Colliers International

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Mid Island Portfolio June 2012

  • 1. Mid-Island Portfolio 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.colliers.com/victoria
  • 2. Nanaimo, BC MID-ISLAND PORTFOLIO | JUNE 2012 Metral Station >> 32,381 SF retail strip centre in North Nanaimo for sale JU LI Excellent visual exposure and frontage on the Island Highway ST ST >> ED >> Great access/egress with two fully signalized intersections >> Anchored by Mark’s Work Warehouse and tenanted by First Choice Haircutters, Little Caesars, Subway, Herbal Magic, The Cash Store, Pro Stitch, and Bark & Fitz 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 PORTFOLIO | JUNE 2012 1961 Zorkin Road >> Oceanfront site with water lot >> Mixed use development site directly adjacent to the Departure Bay Ferry Terminal (BC Ferries) >> ±4.96 acres of fee simple and ±3.3 acres of leased foreshore >> Unparalleled views of Departure Bay and Newcastle Island and close to Nanaimo’s commercial amenities and transportation routes >> $6,000,000 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 >> Nanaimo Mixed-use development site >> 8.91 acres total with ±4.3 acres developable after watercourse setbacks >> One block from South Parkway Plaza, Southgate Shopping Centre, and Country Grocer >> $2,490,000 960 Jackson Road RE >> ±14 acres zoned heavy industrial D U CE >> Located in the Duke Point Industrial Park in close proximity to the BC D 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
  • 4. Nanaimo, BC MID-ISLAND PORTFOLIO | JUNE 2012 130 Terminal Avenue North CO UN >> For Sale/Lease N DE >> High exposure investment/lease opportunity on the Island Highway TR R A CT >> 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) 1451 Bowen Road >> Single-tenanted investment property in central Nanaimo >> 15,126 SF lease with Nanaimo Athletic Club expiring Jan. 31, 2015 >> Extensive renovation completed >> 7.9% cap rate on actual 2011 net income >> $1,899,000 711 Poplar Street >> ±6,000 SF two-storey office for sale or lease in central Nanaimo JU LI Located adjacent to Terminal Park Shopping Centre and close to ST ST >> ED 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 5085 Uplands Drive >> Proposed 51-unit multi-family development site on 0.91 acres with a development permit in place >> 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
  • 5. Nanaimo, BC MID-ISLAND PORTFOLIO | JUNE 2012 1041 Maughan Road >> 1.55 acres of heavy industrial land located in Duke Point Industrial Park >> 3,024 SF cover-all structure comprised of aluminum and canvas covering >> Three phase 600 amp/600 volt underground power >> $575,000 North Parkway Centre >> Two units available >> ±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 Metral Station >> Join Marks Work Warehouse, First Choice Haircutters, Starbucks and more >> Excellent exposure to the Island Highway >> 4,741 SF CRU available (can be demised) >> 1,014 SF end cap unit >> From $26.00 per SF net >> Estimated $14.21 per SF additional rent 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
  • 6. Nanaimo, BC MID-ISLAND PORTFOLIO | JUNE 2012 495 Dunsmuir Street >> 5 office spaces available from 550-2,447 SF >> 6 storey professional building >> Best value in Nanaimo >> From $12.00 per SF net >> Generous tenant inducements available Units 3 & 7 - 4151 Mostar Road JU >> Unit 3 - 5,100 SF service commercial/distribution warehouse LI ST ST >> Unit 7 - 2,586 SF service commercial/distribution warehouse ED >> 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 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 Road >> 2,779 SF 4th floor office with views of downtown Nanaimo JU LI >> Located on prominent intersection of Wallace Road and Fitzwilliam ST ST ED 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
  • 7. Nanaimo, BC MID-ISLAND PORTFOLIO | JUNE 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
  • 8. Nanaimo, BC MID-ISLAND PORTFOLIO | JUNE 2012 321 Watfield Road >> ±5,000 SF repair and maintenance workshop with large 0.75 acre JU LI paved yard ST ST ED >> 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 Mall >> Retail Centre located in South Nanaimo’s rapidly growing commercial node >> Great tenant mix anchored by Rexall and Tim Hortons >> Up to 3,000 SF “build-to-suit” pad next to Tim Hortons >> From $25.00 per SF net 3148B Barons Road >> 1,153 SF office/retail unit in mixed-use building >> Well-located in central Nanaimo >> Easy and quick access to Island Highway >> $1,250 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”
  • 9. Nanaimo, BC MID-ISLAND PORTFOLIO | JUNE 2012 Summerhill Crossing >> Brand new retail development >> Prominently located along Bowen Road, one of Nanaimo’s main traffic corridors >> Various units sizes and pads available >> Excellent access and egress >> Ample parking >> Asking rate from $25.00 per SF net 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 with potential for larger space up to 2,089 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
  • 10. Nanaimo, BC MID-ISLAND PORTFOLIO | JUNE 2012 South Parkway Plaza >> 1,500 SF storefront CRU space available >> Located in south Nanaimo’s rapidly growing retail enclave >> Shadow anchored by the recently completed Country Grocer >> $18.00 per SF net >> Estimated additional rent is $10.64 per SF Unit 14B - 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 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 Unit 15 - 4131 Mostar Road LE >> ±1,000 SF distribution/warehouse space A >> Visible and accessible from Mostar Road SE D >> Base rent is $9.00 per SF per annum >> Additional rent estimated at $3.50 per SF per annum
  • 11. Nanaimo, BC MID-ISLAND PORTFOLIO | JUNE 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 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
  • 12. Cowichan Valley & Duncan, BC MID-ISLAND PORTFOLIO | JUNE 2012 7233 Trans Canada Highway, Duncan >> Court-ordered sale RE D >> Property is comprised of 16,020 SF warehouse, 17,468 SF office, U CE and 4,896 SF office/utility structure on 15.05 acres D >> C-3 Service Commercial zoning >> $2,950,000 6472 Paddle Road, Duncan >> 3.07 acre mixed-use development site JU LI >> Property is adjacent to Cowichan Commons - comprised of retailers ST ST ED such as Home Depot, Future Shop, Walmart, Rona, and Canadian Tire >> OCP supports mixed-commercial and residential uses >> $1,450,000 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 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
  • 13. Cowichan Valley & Duncan, BC MID-ISLAND PORTFOLIO | JUNE 2012 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 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 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, Blockbuster, BC Liquor Store >> Asking net lease rates from $25.00 SF
  • 14. Cowichan Valley & Duncan, BC MID-ISLAND PORTFOLIO | JUNE 2012 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
  • 15. Parksville & Qualicum, BC MID-ISLAND PORTFOLIO | JUNE 2012 371 Alberni Highway, Parksville CO UN >> Fully Serviced Multifamily or seniors Development Site N DE >> Approved for 266 units TR R A >> Total of 7.57 acres with 3 street frontages CT >> Over $1.7 million in off site work completed >> Full package available >> $5,350,000 $4,950,000 272 Island Highway West, Parksville RE >> Not currently operating; requires some capital expenditure D >> 23-room motel located on the Island Highway in downtown U CE D Parksville core >> Holding income from existing restaurant lease >> Asking price less than land value! >> $999,000 $799,000 Illusion Lake Road, Qualicum Beach >> Court-ordered sale >> 20 acre property in north Qualicum Beach >> Zoned RM1 - Resource Management 1 >> Significant gravel reserve on site >> $425,000 1080 Industrial Way, Parksville JU >> Industrial bays, office, and storage space for lease LI Units 1 & 2 - Two office/utility structures totaling ±1,800 SF and ST ST >> ED two storage units located on 0.25 acre fenced compound >> Unit 7 - ±2,048 SF open light industrial bays >> Units 1 & 2 - $1,400 per month gross plus utilities >> Unit 7 - $1,000 per month gross plus utilities
  • 16. Parksville & Qualicum, BC MID-ISLAND PORTFOLIO | JUNE 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 >> New retail at prestigious Beach Club Resort in downtown Parksville >> Up to 2,000 SF of retail available in free standing building >> 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 PORTFOLIO | JUNE 2012 2498 & 2650 Arden Road, Courtenay >> ± 28 acre residential development site >> Zoned and approved for up to 128 patio homes >> Useable area of approx. 19 acres >> Mixed zoning classification of CD-20 and PA-2 >> $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 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 Warehouse, Future Shop and more >> C-2 Commercial zoning allows for a variety of commercial uses and mixed-use developments >> $1,960,000 1245 & 1263 Guthrie Road, Comox SO >> Proposed 18- and 14-unit townhouse development sites located LD along Guthrie Road >> 2.19 acres of land composed of two separate properties >> Engineering and architect plans available upon request >> Approved development permit in place >> $1,100,000
  • 18. Courtenay & Comox, BC MID-ISLAND PORTFOLIO | JUNE 2012 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 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 Glacierview Plaza, Courtenay >> High exposure retail shopping centre >> 1,001 & 1,738 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 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
  • 19. Courtenay & Comox, BC MID-ISLAND PORTFOLIO | JUNE 2012 Courtenay Crossing Shopping Centre >> 1,229 SF inline CRU unit available >> Located at the corner of 17 Street and Cliffe Avenue >> 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 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 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 $30.00 per SF net
  • 20. Courtenay & Comox, BC MID-ISLAND PORTFOLIO | JUNE 2012 310 8th Street, Courtenay JU >> Two retail units for lease in downtown Courtenay LI 2,602 SF & 2,302 SF units available ST ST >> ED >> 32,295 SF centre anchored by Shoppers Drug Mart >> Rates starting from $12.00 per SF net >> Additional rent estimated at $5.75 per SF
  • 21. North Island & Campbell River, BC MID-ISLAND PORTFOLIO | JUNE 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 PORTFOLIO | JUNE 2012 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 >> $3,500,000 120 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 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 Pacific Rim Shopping Centre, Port Alberni JU >> High exposure retail/office units for lease LI ST ST >> 4,941 SF & 2,443 SF available ED >> 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
  • 23. Port Alberni & West Coast, BC MID-ISLAND PORTFOLIO | JUNE 2012 Redford Centre, Port Alberni JU >> High exposure freestanding pad for lease LI ST ST >> 4,500 SF available ED >> 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
  • 24. Contact Us MID-ISLAND PORTFOLIO | MAY 2012 JASON WINTON BRAD ARCHIBALD MAIN: +1 250 740 1060 EXT 2223 MAIN: +1 250 740 1060 EXT 2224 +1 250 722 0331 CELL: +1 250 756 6292 CELL: +1 250 618 3171 FAX: +1 250 740 1067 FAX: +1 250 740 1067 jason.winton@colliers.com brad.archibald@colliers.com BRAD BAILEY Colliers International MAIN: +1 250 740 1060 EXT 2222 335 Wesley Street, Suite 207 Nanaimo, BC V9R 2T5 MAIN: +1 250 740 1060 CELL: +1 250 618 8170 FAX: +1 250 740 1067 FAX: +1 250 740 1067 brad.bailey@colliers.com www.colliers.com/victoria This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2012. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement.
  • 25. MID-ISLAND PORTFOLIO | JUNE 2012 Nanaimo +1 250 740 1060 Waterloo +1 519 570 1330 Victoria +1 250 388 6454 London +1 519 438 4300 Vancouver +1 604 681 4111 Ottawa +1 613 567 8050 Kelowna +1 250 763 2300 Montreal +1 514 866-1900 Calgary +1 403 266 5544 Moncton +1 506 870 2700 Edmonton +1 780 420 1585 Halifax +1 902 422 1422 Saskatoon +1 306 664 4433 Regina +1 306 789 8300 Winnipeg +1 204 943 1600 Toronto +1 416 777 2200 Burlington +1 905 333 8849 P. 20 Office Leasing Guide Colliers International