:: Leasing

PRIME DOWNTOWN RETAIL SPACE

Address:

Port Place Shopping Centre
650 South Terminal Avenue, Nanaimo, BC, V9R 5E2

Location:

Situated within Downtown Nanaimo’s waterfront. Port Place Shopping Centre is located at the intersection of Terminal Avenue and Front Street. The site is strategically positioned to intercept ferry traffic from the mainland (Departure Bay), local islands (Gabriola and Protection Islands ), and private boat traffic from Nanaimo ’s boat basin. A majority of Nanaimo’s office towers are located walking distance from Port Place Shopping Centre. Nanaimo is one of the fastest growing communities in British Columbia as it boasts a primary and secondary trade area of over 350,000 people.

The Centre:

Anchor Tenants :	London Drugs (approx. 26,700 sq.ft.)
	Thrifty Foods (approx. 28,000 sq.ft.)
	Field’s (approx. 8,000 sq.ft.)
	CIBC (approx. 6,000 sq.ft.)
	Liquor Store (approx. 5,200 sq.ft.)
Ancillary Tenants :	Over 45 retail stores and services
Total GLA :	145,000 sq.ft.
Parking :	800 parking stalls on property
Transportation :	Public Transit adjacent to property Ferry terminal to Gabriola Island and Protection Island adjacent to the shopping centre

Features:

Waterfront downtown location
Adjacent to high density residential (Cameron Island condominiums)
Adjacent to major Hotels: Coast Bastion Inn, Best Western Dorchester Hotel and Howard Johnson Hotel
Close proximity to Nanaimo City Hall and downtown business community
Adjacent to $12.9 million, 800 seat Port Theater
Adjacent to Great Canadian Casino
Adjacent to downtown Public Library
Adjacent to the multi-million Convention Centre
4,000 population in walking distance to centre
4,000 workers in walking distance to centre

Centre Improvements:

Addition of Food Court
Skylights and new ceiling throughout
Reconfiguration of individual storefronts and CRU spaces
Redesign of exterior façade including covered walkways

Zoning:
C-11, allows for a wide range of businesses and services

Available Area:
250 sq.ft – 5,000 sq.ft.

Availability:
Tenant work can commence immediately

Lease Rate:
CRU - $16-$45 p.s.f. minimum rent
Food Court – estimated at $35-$45 p.s.f. minimum rent

Additional Rent:

2006 CAM estimated at $14.92 p.s.f.
200 estimated food court CAM $20.00 p.s.f.
Promotional Fund at $2.00 p.s.f.

FOR FURTHER INFORMATION, CONTACT

Perri Zimmerman, Leasing Manager (BC) (604) 278-0056 email: perri.zimmerman@firstcapitalrealty.ca
or
Gerry Boutin, Property Manager (250) 753-3545 email: gerry.boutin@fcb-bljc.com

Download PDF map

SPECIALTY LEASING (RETAIL CARTS)

1 WEEK PACKAGE $350.00 + GST
3 DAY PACKAGE $180 + GST
1 DAY PACKAGE $75.00 + GST

Rates may very for longer term tenancies
Carts available on a limited basis – ask for details
Special Crafter rates may apply – ask for details
Payment in full required prior to occupancy
Proof of proper insurance is required prior to occupancy. Minimum $2,000.000 General Liability Insurance. Shopping Centre and Landlord must be named on policy as Additional Insureds, namely "FCB Property Management Services LP & First Capital (Port Place) Corp." (collectively the "Owner")
Tenants may only sell products as detailed in their occupancy agreement
Tenant and employees must park their vehicles in areas as designated by the Centre
Electricity can be provided in certain areas
The Landlord reserves the right to terminate the occupancy at any time due to the tenant’s non-compliance of any centre rule or regulation
The Landlord reserves the right to relocate the tenant or terminate tenancy with pro-rated refund should the planned location become unavailable for any reason

For more information please call Gerry Boutin at (250) 753-3545 or email at gerry.boutin@fcb-bljc.com