DRIFTWOOD MALL
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: 258,636 square feet
MAJOR TENANTS: Quality Foods London Drugs Rialto Theatre ANCILLARY: Dollarama Boston Pizza Burger King CIBC
46,349 square feet 27,397 square feet 14,660 square feet 8083 4,576 3,606 3,166
square square square square
feet feet feet feet
DEMOGRAPHICS (2017 PROJECTIONS): 3 km 5 km 10 km Total Population 21,632 42,054 59,794 Total households 9,608 18,507 25,787 Average Household Income $71,212 $74,290 $77,583 OPERATING COSTS AND TAXES Operating Costs: Taxes: Total:
(2016 ESTIMATES):
Per Square Foot $15.17 $5.51 $20.68
Plus Promotion Fund of the greater of $2.05 per square foot or $2,050.00 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 Available 1003 Canadian Tire 1004 1100 1140 1160 1180 1200 1210 1220 1240 1280/ 1300 1310 1320 1400
(Opening April 21, 2016)
London Drugs Ardene Available Coles Bootlegger GNC Available Rogers Wireless Available Eclipse Bell Cali Nails Available
SQ FT
46,349 6,042 1,723
107,221 27,397 2,577 1,336 1,942 2,779 1,301 363 709 706
1,888 629 629 1,991
UNIT TENANT
1420 1460 1490 1500 1520 1540 1560 1580 1600 1700 1900 2901 4903 5907 6909 K-C
People’s Jewellers The Children’s Place Available Available Northern Reflections CIBC Cinnsational Bentley Dollarama Southwood Medical Clinic Boston Pizza (Pad) Burger King (Pad) Rialto Theatre Coast Country Properties BC Lottery Mobile-Q
SQ FT
1,377 3,562 2,982 2,345 1,461 3,166 710 1,301 8,083
2,860 4,576 3,606 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 LP
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:
LARISSA JACOBSON
(604) 661-5066 [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: 258,636 square feet
MAJOR TENANTS: Quality Foods London Drugs Rialto Theatre ANCILLARY: Dollarama Boston Pizza Burger King CIBC
46,349 square feet 27,397 square feet 14,660 square feet 8083 4,576 3,606 3,166
square square square square
feet feet feet feet
DEMOGRAPHICS (2017 PROJECTIONS): 3 km 5 km 10 km Total Population 21,632 42,054 59,794 Total households 9,608 18,507 25,787 Average Household Income $71,212 $74,290 $77,583 OPERATING COSTS AND TAXES Operating Costs: Taxes: Total:
(2016 ESTIMATES):
Per Square Foot $15.17 $5.51 $20.68
Plus Promotion Fund of the greater of $2.05 per square foot or $2,050.00 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 Available 1003 Canadian Tire 1004 1100 1140 1160 1180 1200 1210 1220 1240 1280/ 1300 1310 1320 1400
(Opening April 21, 2016)
London Drugs Ardene Available Coles Bootlegger GNC Available Rogers Wireless Available Eclipse Bell Cali Nails Available
SQ FT
46,349 6,042 1,723
107,221 27,397 2,577 1,336 1,942 2,779 1,301 363 709 706
1,888 629 629 1,991
UNIT TENANT
1420 1460 1490 1500 1520 1540 1560 1580 1600 1700 1900 2901 4903 5907 6909 K-C
People’s Jewellers The Children’s Place Available Available Northern Reflections CIBC Cinnsational Bentley Dollarama Southwood Medical Clinic Boston Pizza (Pad) Burger King (Pad) Rialto Theatre Coast Country Properties BC Lottery Mobile-Q
SQ FT
1,377 3,562 2,982 2,345 1,461 3,166 710 1,301 8,083
2,860 4,576 3,606 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 LP
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:
LARISSA JACOBSON
(604) 661-5066 [email protected]
