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Hammond Bay Centre 6355 Hammond Bay Rd Local commercial 737 m² 100 % Loué Immeuble 4 étoiles À vendre Nanaimo, BC 20 517 729 € (27 853,58 €/m²)
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Prime location in Nanaimo’s dominant retail corridor with direct access to Island Highway North.
- Long-term income security with a 5-year WALT and stable occupancy history.
- Significant redevelopment potential under Secondary Urban Centre designation.
- Fully leased to a strong tenant mix anchored by The Brick and national brands.
- Highly desirable Wendy’s drive-thru pad and recent major capital improvements.
- Projected NOI of $1.8M with built-in rental escalations
Résumé analytique
Hammond Bay Centre presents a rare opportunity to acquire a fully leased, high-performing neighborhood shopping center in the heart of Nanaimo’s primary retail hub. Strategically located at the intersection of Hammond Bay Road and Island Highway North, the property benefits from exceptional visibility and over 530 feet of highway frontage, with traffic counts exceeding 25,000 vehicles per day. This 5.06-acre site comprises seven buildings totaling 60,650 SF and is anchored by The Brick, complemented by a strong mix of national and local tenants including Wendy’s, Coastal Community Credit Union, and Pizza Hut.
The center boasts a Weighted Average Lease Term (WALT) of 5.0 years, providing stable income backed by long-term tenancy, with over 65% of the leasable area occupied by tenants in place for more than 35 years. Recent capital improvements and a highly desirable drive-thru pad further enhance the property’s long-term value. Designated as a Secondary Urban Centre in Nanaimo’s OCP, the site offers significant redevelopment potential for low- and mid-rise residential projects, creating an attractive value-add component for investors.
With strong tenant covenants, consistent cash flow, and the ability to reposition or redevelop in the future, Hammond Bay Centre is an exceptional investment opportunity in a growing Vancouver Island market.
The center boasts a Weighted Average Lease Term (WALT) of 5.0 years, providing stable income backed by long-term tenancy, with over 65% of the leasable area occupied by tenants in place for more than 35 years. Recent capital improvements and a highly desirable drive-thru pad further enhance the property’s long-term value. Designated as a Secondary Urban Centre in Nanaimo’s OCP, the site offers significant redevelopment potential for low- and mid-rise residential projects, creating an attractive value-add component for investors.
With strong tenant covenants, consistent cash flow, and the ability to reposition or redevelop in the future, Hammond Bay Centre is an exceptional investment opportunity in a growing Vancouver Island market.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Boutique
Surface de l’immeuble
737 m²
Classe d’immeuble
B
Classement LoopNet
4 Étoiles
Année de construction
2023
Prix
20 517 729 €
Prix par m²
27 853,58 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,12
Surface du lot
0,63 ha
Zonage
CC-4 - North Nanaimo Urban Centre
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Principaux commerces à proximité
1 sur 18
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Hammond Bay Centre | 6355 Hammond Bay Rd
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