driftwood mall - Bentall Kennedy
DRIFTWOOD MALL Courtenay, BC
DRIFTWOOD MALL Courtenay, BC LOCATION: 2751 Cliffe Avenue, Courtenay, BC MAJOR INTERSECTION: Island Highway between 26th Street and 29th Street TYPE: Enclosed Community Centre TOTAL GLA: 258,859 square feet MAJOR TENANTS: Canadian Tire Quality Foods London Drugs Rialto Theatre Dollarama Boston Pizza CIBC
107,277 square feet 46,349 square feet 27,397 square feet 14,660 square feet 8,083 square feet 4,576 square feet 3,166 square feet
ANCILLARY: 47,351 square feet (21 stores and services) DEMOGRAPHICS (2021 PROJECTIONS): 20 km 40 km Total Population 63,314 106,447 Total Households 27,934 48,983 Average Household Income $92,979 $92,286 OPERATING COSTS AND TAXES Operating Costs: Taxes: Total:
(2019 ESTIMATES):
Per Square Foot $16.48 $5.77 $22.25
Plus Promotion Fund of the greater of $2.15 per square foot or $2,150.00 per annum.
MARKET SUMMARY: Driftwood Mall is located in the City of Courtenay, British Columbia, on the east coast of Vancouver Island, a one hour drive north of Nanaimo, and 2.5 hours north of Victoria. The mall is situated at the northwest corner of Cliffe Avenue and Comox Valley Parkway. Cliffe Avenue merges into Highway 19A, which is the main transportation corridor on the east side of the Island. Comox Valley Parkway is a local road that connects to Highway 19, a major inland arterial route. A mature residential neighbourhood northwest of the property consists of bungalows and two storey single family detached homes. Driftwood Mall is the market dominant shopping centre in the Comox Valley region.
DRIFTWOOD MALL Courtenay, BC
UNIT
TENANT
1002 Quality Foods 1002A Liquor Plus 1002B COBS Bread (Spring 2019)
1003 1004 1100 1140 1160 1180 1200 1210 1220 1240 1280/ 1300 1310 1320 1400
Canadian Tire London Drugs Available DAVIDsTEA Coles Bootlegger GNC Available Rogers Wireless Available Eclipse Bell Cali Nails Under Offer
SQ FT
46,349 6,042 1,723 107,277 27,397 2,577 1,351 1,942 2,779 1,301 363 709 706 1,888 629 629 1,991
UNIT TENANT
SQ FT
1420 1460 1500 1520 1540 1560 1580 1600 1700
1,377 3,562 5,329 1,461 3,166 710 1,301 8,083
1900 2901 4903 5907 6909 K-C
People’s Jewellers The Children’s Place Ardene Northern Reflections CIBC Cinnsational Bentley Dollarama Southwood Medical Clinic Boston Pizza (Pad) Available Rialto Theatre Coast Country Properties BC Lottery Mobile-Q
2,860 4,576 4,341 14,660 150 130 150
The information contained herein has been obtained from sources deemed to be reliable but does not form part of any future contract and is subject to independent verification by the reader. The property is subject to prior letting, withdrawal from the market and change without notice.
BENTALL KENNEDY (CANADA) LIMITED PARTNERSHIP Suite 1800, 1055 Dunsmuir St., Four Bentall Centre P.O. Box 49001, Vancouver, BC V7X 1B1 Fax: 604.661.5055 Web: www.bentallkennedy.com
LEASING CONTACT: SHANE EPP
TATYANNA MONKMAN
604-646-2845
604-915-7925
[email protected]
[email protected]
DRIFTWOOD MALL Courtenay, BC LOCATION: 2751 Cliffe Avenue, Courtenay, BC MAJOR INTERSECTION: Island Highway between 26th Street and 29th Street TYPE: Enclosed Community Centre TOTAL GLA: 258,859 square feet MAJOR TENANTS: Canadian Tire Quality Foods London Drugs Rialto Theatre Dollarama Boston Pizza CIBC
107,277 square feet 46,349 square feet 27,397 square feet 14,660 square feet 8,083 square feet 4,576 square feet 3,166 square feet
ANCILLARY: 47,351 square feet (21 stores and services) DEMOGRAPHICS (2021 PROJECTIONS): 20 km 40 km Total Population 63,314 106,447 Total Households 27,934 48,983 Average Household Income $92,979 $92,286 OPERATING COSTS AND TAXES Operating Costs: Taxes: Total:
(2019 ESTIMATES):
Per Square Foot $16.48 $5.77 $22.25
Plus Promotion Fund of the greater of $2.15 per square foot or $2,150.00 per annum.
MARKET SUMMARY: Driftwood Mall is located in the City of Courtenay, British Columbia, on the east coast of Vancouver Island, a one hour drive north of Nanaimo, and 2.5 hours north of Victoria. The mall is situated at the northwest corner of Cliffe Avenue and Comox Valley Parkway. Cliffe Avenue merges into Highway 19A, which is the main transportation corridor on the east side of the Island. Comox Valley Parkway is a local road that connects to Highway 19, a major inland arterial route. A mature residential neighbourhood northwest of the property consists of bungalows and two storey single family detached homes. Driftwood Mall is the market dominant shopping centre in the Comox Valley region.
DRIFTWOOD MALL Courtenay, BC
UNIT
TENANT
1002 Quality Foods 1002A Liquor Plus 1002B COBS Bread (Spring 2019)
1003 1004 1100 1140 1160 1180 1200 1210 1220 1240 1280/ 1300 1310 1320 1400
Canadian Tire London Drugs Available DAVIDsTEA Coles Bootlegger GNC Available Rogers Wireless Available Eclipse Bell Cali Nails Under Offer
SQ FT
46,349 6,042 1,723 107,277 27,397 2,577 1,351 1,942 2,779 1,301 363 709 706 1,888 629 629 1,991
UNIT TENANT
SQ FT
1420 1460 1500 1520 1540 1560 1580 1600 1700
1,377 3,562 5,329 1,461 3,166 710 1,301 8,083
1900 2901 4903 5907 6909 K-C
People’s Jewellers The Children’s Place Ardene Northern Reflections CIBC Cinnsational Bentley Dollarama Southwood Medical Clinic Boston Pizza (Pad) Available Rialto Theatre Coast Country Properties BC Lottery Mobile-Q
2,860 4,576 4,341 14,660 150 130 150
The information contained herein has been obtained from sources deemed to be reliable but does not form part of any future contract and is subject to independent verification by the reader. The property is subject to prior letting, withdrawal from the market and change without notice.
BENTALL KENNEDY (CANADA) LIMITED PARTNERSHIP Suite 1800, 1055 Dunsmuir St., Four Bentall Centre P.O. Box 49001, Vancouver, BC V7X 1B1 Fax: 604.661.5055 Web: www.bentallkennedy.com
LEASING CONTACT: SHANE EPP
TATYANNA MONKMAN
604-646-2845
604-915-7925
[email protected]
[email protected]
