ENT S TREET
STREE T
The Bay Centre
Premium Streetfront Retail For Lease
FORT STR
EET
ET
WHARF STRE
TRISTAN SPARK 250 414 8391
[email protected] GOVE RNM
LANG LEY
CONTACT US
MATT FRALEIGH 250 414 8440
[email protected] The Promis Block DOUG L REET
AS ST
COLLIERS INTERNATIONAL 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 250 388 6454 www.collierscanada.com/victoria
TRISTAN SPARK 250 414 8391
[email protected] MATT FRALEIGH 250 414 8440
[email protected] Inner Harbour 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. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2015. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Victoria).*Data provided by the Downtown Victoria Business Association (DVBA).
COLLIERS INTERNATIONAL 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 250 388 6454 www.collierscanada.com/victoria
1006-1010 GOVERNMENT STREET >> Newly restored streetfront retail building at Fort & Government Street >> Opportunity for a full floor retail space of 5,445 square feet with frontages on both Government Street and Langley Street
FOR LEASE > 1006-1010 Government Street, Victoria, BC
Available Space
Operating Costs and Taxes
Demographic Overview
Government Street Retail: From ±1,500 up to 5,777 square feet
Government Street Retail
Langley Street Office: From ±1,500 to 4,750 square feet
>> 3.65 million tourists (10x local population) visit Canada’s most walkable city each year, including 200+ cruise ships with 450,000 passengers entering the downtown
Office
Features >> Brand new storefronts on both Government Street and Langley Street >> 16’ ceilings on the Government Street level >> Exposed brick walls, with unique architectural features >> Newly installed elevator enabling rear loading >> New electrical, mechanical, and HVAC >> Lower level storage available
Asking Rent Government Street Retail: $55.00 per SF
$20.00 per SF
$12.00 per SF
The Heritage Constructed in 1905, the Promis Block is regarded as one of the most detailed examples of Edwardian renaissance architecture in downtown Victoria. The building has recently undergone a comprehensive renovation by one of Victoria’s leading restoriation experts of heritage buildings. Renovation highlights include a full seismic upgrade, installation of an elevator, new HVAC, electrical and mechanical.
>> Downtown workforce population of 24,000, daytime population of 52,042 within 1km >> Growing urban population with 25-34 yr old demographic most prominent in Victoria >> Household income in Greater Victoria is 15% higher than the Canadian average, at $87,536 versus $76,000 >> High foot traffic: daily average of 5,396 pedestrians along Government Street, and an hourly pedestrian count of 729
Exposed Brick
>> Approximately 11,000 vehicles along Government street per day
Langley Street Office: $25.00 per SF
Langley Street Second Floor Office
*Can be combined for up to 5,275 SF
Interior Staircase