AN INVENTORY

OF AVAILABLE SALE & LEASE

OPPORTUNITIES THROUGHOUT

THE MID - ISLAND REGION

COLLIERS INTERNATIONAL • NANAIMO335 Wesley Street • Suite 207Nanaimo, BC • V9R 2T5

PH: +1 250 740 1060 FAX: +1 250 740 1067www.colliers.com/victoria

MID

ISLA

ND

PO

RTFO

LIO

NANA

IMO

BC

S O L D

► Wellington Court Retail Centre ► 55,000 SF on 4.22 acres ► 7.4% cap rate ► Five new long term tenants anchored by

Wholesale Sports ► $11,200,000

Wellington Court

► 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

CP Lands, 7 Port Way and 1161 Milton Street (Wellcox Railyard Lands)

► 30,000 SF retail centre located in central Nanaimo ► Tenants include Bank of Montreal, BC Liquor Store, and

Cobbs Bread ► 1.85 acres

Terminal MallS O L D

► 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 65,578 SF on 2.15 acres of land

► $7,200,000 (Actual cap rate of 6.72%)

Dunsmuir Place Portfolio, NanaimoU N D E R

C O N T R AC T

NANA

IMO

BC

2241 Bowen Road & 2230 Boxwood Road ► 7.56 acres zoned RM-5 + 0.94 acres zoned C-4 ► Up to 138 residential units permitted ► C-4 site allows for most commercial uses ► $2,650,000

S O L D

2560 Bowen Road ► Prime central Nanaimo industrial property ► 4.85 or 6.95 acres zoned I-3 (general

industrial) ► 88,000 SF of industrial building space ► 14,000 SF of office ► Extensive fully fenced yard ► Island Highway exposure ► List price: $2,950,000 for 4.95 acres

S O L D

► Located in Duke Point Industrial Park ► Two legal lots of 5.5 acres each ► Can be purchased separately or together ► $2,920,000

Lots 4 & 5 - 975 Jackson Road

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

J UST L I S T E D

NANA

IMO

BC

► 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

1451 Bowen Road

► 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

1336, 1340, 1344, 1348 South Island Highway

► ±14 acres zoned heavy industrial ► Located in the Duke Point Industrial Park in close

proximity to the BC Ferry terminal and all major transportation arteries

► Can be mined for approx. 100,000 tonnes of crushed gravel

► Tenant on 1 acre paying $1,800 per month ► $2,200,000

960 Jackson Road

► For Sale/Lease ► High exposure investment/lease opportunity on the

Island Highway ► Triple A tenant: White Spot ► 34,854 SF site and 6,967 SF of building in two

pads ► $2,500,000 $1,995,000 ► $45.00 $35.00 per SF pad ground floor (1,258 SF)

130 Terminal Avenue North

J UST L I S T E D

J UST L I S T E D

NANA

IMO

BC

► Located in Duke Point Industrial Park ► Paved site ► Several on-site buildings ► $1,625,000

Lot 3 - 975 Jackson Road S O L D

► 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

5085 Uplands Drive

► 0.90 acre multifamily development site ► Mountain views ► DP approved for 10 unit triplexes or potential for 40

condos ► $480,000 $349,000

865 Albert Street & 510 Machleary StreetR E D U C E D

► ±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

North Parkway Centre

NANA

IMO

BC

► Excellent exposure to Island Highway ► 1,707 SF end cap unit available ► Notable tenants include: Earls, Tim Hortons,

HSBC, and General Paint ► $17.00 per SF net ► Additional rent estimated at $7.65 per SF

Rock City CentreL E A S E D

► 5 units available from 550-2,447 SF ► 6 storey professional building ► Excellent parking ratio ► From $12.00 per SF net

495 Dunsmuir Street

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) ► $26.00 SF net ► Estimated $14.21 per SF additional rent

► Freestanding pads available of approximately 3,974 and 2,600 SF; demisable to 911 SF

► Located in North Nanaimo’s Woodgrove Regional Town Centre

► Outstanding visual exposure to the Island Highway

► $22.00 per SF net

6470 Metral Drive

NANA

IMO

BC

► Newly renovated retail centre ► 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

University Village (5th St and Bruce)

► 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

6461 Metral Drive

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

► 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

Terminal Mall

NANA

IMO

BC

► Retail Centre located in South Nanaimo’s rapidly growing commercial node

► Up to 3,000 SF “build-to-suit” pad next to Tim Hortons

► From $25.00 per SF net

Southgate Mall

► 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

3148B Barons Road

► 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

Vancouver Island Conference Centre

► 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 Commercial Street

NANA

IMO

BC

► 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

335 Wesley 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

Suite #500 - 345 Wallace Street

► 5,000 SF freestanding building in immediate proximity to Nanaimo’s downtown core

► Property features dedicated parking area ► Excellent visibility ► Asking rate from $10.00 per SF net

350 Albert Street

► 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

Summerhill Crossing

NANA

IMO

BC

► 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

South Parkway Plaza

► Centrally located office/retail centre ► Excellent exposure to Nanaimo’s Bowen Road

traffic corridor ► Units varying in size from 904-1,246 SF ► Ample parking ► Base rent from $14.00 per SF net ► Additional rent estimated at $4.75 per SF

Bowen 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

Terminal Park Shopping Centre

► ±1,000 SF distribution/warehouse space ► Visible and accessible from Mostar Road ► Base rent is $9.00 per SF per annum ► Additional rent estimated at $3.50 per SF per

annum

Unit 15 - 4131 Mostar Road

NANA

IMO

BC

► 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

1835 Bowen Road

► ±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 $3.55 per SF per

annum

Unit 14B - 4386 Boban Drive

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UNC

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C

► 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

Horseshoe Bay Inn, Chemainus

S O L D

► Retail/office plaza for sale ► Three commercial buildings totaling 12,771 SF

on 1.32 acres ► Ample parking ► Central Duncan location on Trans Canada

Highway ► Five tenants including A&W ► $2,275,000

5838 Trans Canada Highway, Duncan

435 Trunk Road, Duncan ► Duncan’s landmark 40,000 SF office building ► Just off the Trans Canada Highway in Duncan’s

commercial core ► Excellent visibility and accessibility ► Extensive parking ► $2,250,000

S O L D

► Stunning 23.7 acre multifamily development site ► Panoramic ocean/island views ► Phase 3 of “Seaside Acres” development ► Potential for up to 300 units ► Lot 3: $1,300,000 ► Lot 2: $1,300,000 $1,150,000

Seaside Acres, LadysmithR E D U C E D

C

OWIC

HAN

VAL

LEY

& D

UNC

AN B

C ► 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

Point Ideal, Lake Cowichan

► Located in a popular summer tourist 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

Cowichan Lake Lodge, Lake Cowichan S O L D

► 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

Tansor Industrial Park, Duncan

► Retail warehouse building totaling 9,000 SF over two floors

► In heart of Ladysmith’s downtown core ► Excellent storefront exposure and access to

Island Highway half a block away ► $549,000 $479,000

11 High Street, LadysmithR E D U C E D

C

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HAN

VAL

LEY

& D

UNC

AN B

C ► 10,000 SF mixed-use ► Approved DP for 4 storey building comprising

15 residential units and 3 commercial units ► Fantastic ocean/island views ► $399,000 $320,000

Lot F, Joan Avenue, Crofton S O L D

► 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

Coronation Mall, Duncan

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

► Freestanding building in high-exposure location along Trans Canada

► Storefront retail showroom space with high ceilings

► Large private parking lot ► Space available from 4,000-10,000 SF with

mezzanine ► $13.00 per SF asking rate and $2.50 per SF

additional rent

5239 Trans Canada Highway, Duncan

C

OWIC

HAN

VAL

LEY

& D

UNC

AN B

C ► 1,400 SF storefront/light industrial bay ► Excellent exposure to the Trans Canada

Highway ► Lots of parking ► $8.50 per SF net ► $2.00 per SF additional rent

#1 - 13136 Thomas Road, Ladysmith

PARK

SVIL

LE &

QUA

LICU

M B

C

► Excellent access to the Trans Canada Highway and prominent frontage on three streets

► IN2J zoning ► 2.21 acre site with four one-storey multi-tenant

industrial buildings ► Twenty separate commercial units totaling

34,224 SF ► $2,541,000

Arbutus Industrial Park, Parksville

► Fully Serviced Multifamily or seniors Development Site

► Approved for 266 units ► Total of 7.57 acres with 3 street frontages ► Over $1.7 million in off site work completed ► Full package available ► $5,350,000 $4,950,000

371 Alberni Highway R E D U C E D

► Not currently operating; requires some capital expenditure

► 23-room motel located on the Island Highway in downtown Parksville core

► Holding income from existing restaurant lease ► Asking price less than land value! ► $999,000 $799,000

272 Island Highway WestR E D U C E D

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

Illusion Lake Road, Qualicum BeachU N D E R

C O N T R AC T

► 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

1120 Industrial Way PA

RKSV

ILLE

& Q

UALI

CUM

BC

► New retail at prestigious Beach Club Resort in downtown Parksville

► Up to 6,000 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

The Beach Club, Parksville

1065 Herring Gull Way, Parksville ► Three light industrial warehouse units available, 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 $7.50 per SF net ► Additional rent estimated at $2.33 per SF

COU

RTEN

AY &

CO

MOX

BC

► 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

Crown Isle Shopping Centre

► Proposed 18- and 14-unit townhouse development sites located 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

1245 & 1263 Guthrie Road, ComoxS O L D

► 10,982 SF government-tenanted office building constructed circa 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

2455 Mansfield Drive, CourtenayJ UST

L I S T E D

► ± 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

2498 & 2650 Arden Road, CourtenayJ UST

L I S T E D

COU

RTEN

AY &

CO

MOX

BC

► 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

1590 Cliffe 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

2930 Kilpatrick Avenue, Courtenay

► 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 $9.41 per SF per annum

Glacierview Plaza, Courtenay

► ±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

1901 Comox Road, Comox

► 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

Riverside Professional Centre, Courtenay

COU

RTEN

AY &

CO

MOX

BC

► 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

Courtenay Crossing Shopping Centre

► 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

Aspen Grove Centre - 2225 Guthrie Road

NORT

H IS

LAND

& C

AMPB

ELL

RIVE

R BC

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

Ocean Village Beach Resort, Tofino ► Total of 40 strata lots and 51 units ► 5.975 acres of oceanfront ► Established destination resort ► Located on Mackenzie Beach

S O L D

120 4th Street, Tofino ► Excellent mixed-use investment opportunity ► Located in the heart of the downtown core ► 8 units, 6,528 SF building ► Fully leased - 7% cap rate ► $1,950,000

S O L D

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 which has increased in recent

years ► $3,850,000

PORT

ALB

ERNI

& W

EST

COAS

T BC

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

J UST L I S T E D

PORT

ALB

ERNI

& W

EST

COAS

T BC

1971 Harbour Crescent, Ucluelet ► 2,310 SF strata unit outfitted and operated previously

as a 150 person capacity restaurant ► Unit is improved to a superior standard ► Located within the 80-suite Water’s Edge Resort

development in Ucluelet, BC ► 1,220 SF deck ► Includes restaurant-related chattels and fixtures ► $449,000 $359,000

R E D U C E D

CONT

ACTS

BC

JASON WINTON

Ph: +1 250 740 1060 ext. 2223or +1 250 722 0331

Cell: +1 250 756 6292Fax: +1 250 740 1067

jason.winton@colliers.com

BRAD BAILEY Ph: +1 250 740 1060 ext. 2222

Cell: +1 250 618 8170Fax: +1 250 740 1067

brad.bailey@colliers.com

Colliers International - Nanaimo335 Wesley Street • Suite 207Nanaimo, BC • V9R 2T5Ph: +1 250 740 1060 • Fax: +1 250 740 1067

www.collierscanada.comThis 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). © 2010. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement.

BRAD ARCHIBALD Ph: +1 250 740 1060 ext. 2224

Cell: +1 250 618 3191Fax: +1 250 740 1067

brad.archibald@colliers.com