Your email has been sent.
1180 Resort Dr 14,000 SF of Retail Space Available in Parksville, BC V9P 2E3
Highlights
- Ample Highway Exposure and Access
- Adjacent to Over 200 Multifamily Residences
- Grocery or Market Retailer Opportunity
- Transit Available Adjacent to Site
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 14,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This new development offers a grocery or market anchor an excellent opportunity to leverage a pre-existing clientele of visitors to the bustling resort destination of Parksville and a new audience of long-term rental residents. Situated within the city of Parksville, just minutes from Nanoose Bay, the location boasts prime arterial exposure and nearby highway access. Signage opportunities include building and pylon signs, with direct access from the Old Island Highway and Resort Drive. The adjacent multifamily development will consist of over 240 apartment units, and there are multiple spas, conference resorts, and strata hotels in the immediate vicinity, attracting a high volume of visitors year-round. Any retailer would serve as a valuable amenity to nearby residents and the surrounding community. The absence of grocery options in the immediate area has identified a significant market gap and an opportunity. With construction anticipated to begin in early 2025, now is the chance to secure this area for your business.
- High End Trophy Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 14,000 SF | Gross Leasable Area | 14,000 SF |
| Property Type | Retail | Year Built | 2027 |
| Property Subtype | Supermarket | Construction Status | Proposed |
| Total Space Available | 14,000 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 14,000 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
About the Property
This commercial development offers retailers a unique, untapped opportunity in a bustling area known for its top-rated resorts on Vancouver Island and nearby Rathtrevor Provincial Park, with more than 830,000 visitors annually. As of now, there are very few retail amenities in the vicinity. Yet the area services thousands of people and is easily accessed from the Highway. A transit stop will also be located immediately adjacent to the future development.
Presented by
1180 Resort Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.