Dover Pointe

Nanaimo, British Columbia

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Building

Stats

  • Property Type Retail - Neighborhood Center
  • Year built 2005
  • Building size (SF) 75,588
  • Size (Ac) 6.23
  • Price $1 CAD

Overview

- Outstanding location in North Nanaimo’s retail hub with direct access from Island Highway North and 750 feet of highway frontage

- Fully leased to several national brand tenants on long-term leases with contractual rent growth - $14. million of assumable financing with four years of term remaining at 4.80% - Significant ongoing and proposed residential development in surrounding neighbourhoods - Opportunity to add a prominent retail pad on western parcel to increase traffic and property revenue - Long-term redevelopment potential as the 6.2-acre property is designated Secondary Urban Centre in the Nanaimo OCP, which permits low- and mid-rise residential development

Location Map

Downloads

Confidentiality Agreement - Dover Pointe.pdf

Brochure - Dover Pointe

Team

Bob Levine

Principal
Avison Young
+1 604 687 7331

Michael Emmott

Principal
Avison Young
+1 604 647 1335

Brendan Hannah

Senior Associate
Avison Young
+1 604 757 5130

Jonathan Hallett

Senior Brokerage Analyst
Avison Young
+1 604 687 7331

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