• Sold
Prominently Located Investment & Development Properties
Prominently Located Investment & Development Properties
Prominently Located Investment & Development Properties

For Sale

$3,599,000 CAD

SOLD

The offering truly is a bona fide investment and development opportunity. The Properties occupy a prominent corner in Central Nanaimo, have direct access and exposure to Island Highway, and are shadow anchored by one of Nanaimo’s busiest shopping malls, Country Club Centre.

3180 Island Highway is a closed Petro Can site totaling 15,553 square feet located at the corner of Island Highway & Norwell Drive adjacent to the Country Club Centre shopping mall. Site has a Certificate of Compliance (CoC).

3190 Island Highway is improved with a freestanding Dairy Queen (DQ) franchise. Current lease term runs to November 30th, 2028 with one additional Option to Renew. In addition to the Base Rate there is percentage rent of 9% of Net Sales Revenue built into the Lease.

Property Details

Area Size
3180 Island Highway 15,553 SF
3190 Island Highway 22,227 SF
  • 09/01/2020
  • Sold