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FOR LEASE Commercial Space at the “Waterfront” 9843 2nd Street, Sidney B.C.

Ground Floor Commercial Units Available Steps from Beacon Avenue and Sidney Marina Overview:

Situated in the downtown waterfront area of beautiful Sidney, BC, we are pleased to offer ground floor commercial (office / retail) lease opportunities suitable for a variety of prospective tenants. The property is ideally located half a block north of Beacon Avenue and steps from the Sidney Marina and Pier Hotel.

Description:

There are four units available for lease in this recently renovated mixed-use building known as the “Waterfront.” Sizes range from approximately 550 square feet up to 3,338 square feet. The building offers excellent signage opportunity, easy access, plenty of parking on-site, large storefront windows and various size and layout options within the suites.

www.dtzvictoria.com

For information, please call Amanda Neal Office: (250) 382-3400 Cell: (250) 661-3227 [email protected] DTZ Victoria Real Estate Ltd. 888 View Street Victoria, BC, V8W 1K2

Tel (250) 382-3400 Fax (250) 382-1333

FOR LEASE Commercial Space at the “Waterfront” 9843 2nd Street, Sidney BC The Location The subject property is ideally situated in the Town of Sidney on the Saanich Peninsula, a quaint seaside community with a population of over 12,000. Sidney is the commercial centre for a trading area that includes the Districts of North Saanich and Central Saanich, as well as the Gulf Islands, serving an estimated combined population of 42,000 people.

The Town is home to several major marinas and is a favoured destination for boaters visiting Gulf Island destinations. It also benefits from two Museums (Marine and Historical), the SHAW Ocean Discovery Centre, whale watching, street statues and murals, and a 420 ft. Fishing Pier. Its waterfront location allows for many water related activities such as boating, sailing, kayaking, diving and fishing.

The Town of Sidney has a thriving commercial centre with its pedestrian friendly downtown offering an excellent variety of stores, specialty shops and businesses providing unique products and personalized service. It further benefits from a strong tourism industry and ideal proximity to various modes of transportation, including Victoria’s International Airport as well as the BC Ferries Terminal at Swartz Bay.

Commercial property is limited due to challenges in removing or altering current land use zoning, coupled by the populations preference to support Sidney’s thriving downtown businesses rather than pursue increased development. The lack of new supply increases the value for core commercial locations in and around Sidney, as the residential and visitor population continues to grow, without an equal increase in retail space and commercial infrastructure to date.

Sidney is a quaint, affluent, seaside community that offers an attractive place to live and work with 3.6 kilometres of waterfront and many activities to enjoy.

Area Map

Aerial Photo of Sidney Waterfront with Subject Identified

Zoning

Subject Property

Downtown Commercial (C-1) Intended to provide for a mixture of core commercial uses with a secondary but significant multi-family residential component. A wide variety of uses are permitted, including but not limited to: • • • • • •

Professional offices (i.e. accountant, financial, legal) Personal and medical services Retail store Tourist facilities Fitness Museum

Tel. 250 382 3400

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www.dtzvictoria.com

FOR LEASE Commercial Space at the “Waterfront” 9843 2nd Street, Sidney BC The Premises The subject building (“Waterfront”) is a mixed-use building with residential apartments over three storeys and commercial space at ground level. The building recently underwent an extensive renovation program to the residential suites and exterior façade. There is now an opportunity to reposition the commercial units, with four suites available (or coming available) at present. Following is a summary of the units offered for lease: Unit 6: Unit 7: Unit 10: Unit 11:

2,104sf 1,234sf 550sf 941sf

Note that units 6 and 7 can be combined to create 3,338 square feet of contiguous space. Similarly units 10 and 11 can also be combined for a total of 1,491 square feet. Improvements vary depending on the unit, but each of the suites have their own in-suite washroom, some have kitchens, and all have excellent signage potential, separate meters in place, and an abundance of parking with easy access for staff and customers alike. UNIT 6

UNIT 7

2,104sf

1,234sf

Floor Plans of Units 6 and 7

Key Facts Civic Address:

Units 6, 7, 10 & 11 9843 2nd Street, Sidney B.C.

Parking:

Ample surface parking on-site

Rentable Area:

550sf up to 3,338sf

Net Rent:

Starting at $14.00psf net

Additional Rent:

$8.10psf (budgeted for 2015)

UNIT 10

UNIT 11

550sf

941sf

Floor Plans of Units 10 and 11

For more information, please contact:: DTZ Victoria Real Estate Ltd. Amanda Neal

Tel: 250 382 3400 Fax: 250 382 1333 www.dtzvictoria.com

Information contained herein has been obtained from the owners or sources deemed reliable by DTZ Victoria Real Estate Ltd. While we have no reason to doubt its accuracy, we regret we cannot guarantee such information. All measurements and other information herein should be independently verified by the reader and is subject to the user’s own inspection of the premises and due diligence work and to the user’s satisfaction with the results of such review.

www.dtzvictoria.com