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1101-1109 Fort St - Black and White 1,144 - 2,385 SF Retail Condo Units in Victoria, BC V8V 3K9
INVESTMENT HIGHLIGHTS
- Located at a signalized corner with over 225 feet of retail frontage.
- Grade-level loading access and secure underground parking.
- Positioned directly on transit and bike corridors for maximum visibility.
- Surrounded by high-density residential and mixed-use development.
- Long-term leases in place with staggered expiries through 2034.
- Built in 2019 with premium finishes and modern storefront design.
EXECUTIVE SUMMARY
The property benefits from a strong tenant mix including The Breakfast Shop, The Ten Spot, Viva Dental, and Agile Integrated Health, with one unit currently vacant, providing upside for repositioning or owner-occupancy. All leases are structured with long-term commitments, ranging from 60 to 120 months, and staggered expiries through 2034, ensuring stable cash flow and minimal turnover risk. Strategically located on transit and bike lanes, the site is surrounded by high-density residential developments and is steps from downtown Victoria. Grade-level loading on Meares Street and nine reserved underground parking stalls enhance operational efficiency and tenant appeal. With a 5.74% stabilized cap rate, this offering delivers both immediate income and long-term growth potential in a market experiencing sustained urban expansion. Whether for passive investment or strategic portfolio enhancement, this high-exposure retail asset combines location strength, tenant stability, and architectural quality in a single, compelling package.
PROPERTY FACTS
| Total Building Size | 108,200 SF | Typical Floor Size | 17,366 SF |
| Property Type | Multifamily | Year Built | 2019 |
| Property Subtype | Apartment | Lot Size | 0.47 AC |
| Building Class | B | Parking Ratio | 0.18/1,000 SF |
| Floors | 6 | ||
| Zoning | CA-72 - Fort Street Commercial Zone | ||
| Total Building Size | 108,200 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 17,366 SF |
| Year Built | 2019 |
| Lot Size | 0.47 AC |
| Parking Ratio | 0.18/1,000 SF |
| Zoning | CA-72 - Fort Street Commercial Zone |
AMENITIES
UNIT AMENITIES
- Kitchen
SITE AMENITIES
- 24 Hour Access
- On-Site Retail
5 UNITS AVAILABLE
Unit A
| Unit Size | 2,385 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 2,385 SF |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
2,385 SF corner retail strata unit in the 2019-built Black & White mixed-use development. This unit is leased to The Breakfast Shop through 2034-11-14.
SALE NOTES
CBRE Victoria presents a rare opportunity to acquire six contiguous retail strata units in the acclaimed Black & White mixed-use development, located at the high-traffic corner of Cook and Fort Street in Victoria’s Harris Green district. Built in 2019, this modern asset spans 8,823 SF and features 225 feet of retail frontage, offering exceptional visibility and access in one of the city’s most rapidly densifying neighborhoods.
Floor Plan
Unit B
| Unit Size | 1,764 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 1,764 SF |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
1,764 SF corner retail strata unit in the 2019-built Black & White mixed-use development. This unit is leased to The Ten Spot Aesthetics through 2031-03-31.
SALE NOTES
CBRE Victoria presents a rare opportunity to acquire six contiguous retail strata units in the acclaimed Black & White mixed-use development, located at the high-traffic corner of Cook and Fort Street in Victoria’s Harris Green district. Built in 2019, this modern asset spans 8,823 SF and features 225 feet of retail frontage, offering exceptional visibility and access in one of the city’s most rapidly densifying neighborhoods.
Floor Plan
Unit C
| Unit Size | 1,144 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 1,144 SF |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
1,144 SF in-line retail strata unit in the 2019-built Black & White mixed-use development. This unit is offered vacant.
SALE NOTES
CBRE Victoria presents a rare opportunity to acquire six contiguous retail strata units in the acclaimed Black & White mixed-use development, located at the high-traffic corner of Cook and Fort Street in Victoria’s Harris Green district. Built in 2019, this modern asset spans 8,823 SF and features 225 feet of retail frontage, offering exceptional visibility and access in one of the city’s most rapidly densifying neighborhoods.
Floor Plan
Unit D
| Unit Size | 1,289 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 1,289 SF |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
1,289 SF in-line retail strata unit in the 2019-built Black & White mixed-use development. This unit is leased to Viva Dental through 2030-04-30.
SALE NOTES
CBRE Victoria presents a rare opportunity to acquire six contiguous retail strata units in the acclaimed Black & White mixed-use development, located at the high-traffic corner of Cook and Fort Street in Victoria’s Harris Green district. Built in 2019, this modern asset spans 8,823 SF and features 225 feet of retail frontage, offering exceptional visibility and access in one of the city’s most rapidly densifying neighborhoods.
Floor Plan
Unit E/F
| Unit Size | 2,066 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 2,066 SF |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
2,066 SF in-line retail strata unit in the 2019-built Black & White mixed-use development. This unit is leased to Agile Integrated Health through 2026-12-31.
SALE NOTES
CBRE Victoria presents a rare opportunity to acquire six contiguous retail strata units in the acclaimed Black & White mixed-use development, located at the high-traffic corner of Cook and Fort Street in Victoria’s Harris Green district. Built in 2019, this modern asset spans 8,823 SF and features 225 feet of retail frontage, offering exceptional visibility and access in one of the city’s most rapidly densifying neighborhoods.
Floor Plan
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 37 | $865.00 CAD | 662 |
| 2+1 | 38 | $934.00 CAD | 909 |
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1101-1109 Fort St - Black and White
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