2230 Cliffe Ave | Courtenay, BC V9N 2L4
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- LoopNet Team
2230 Cliffe Ave
Courtenay, BC V9N 2L4
SL3 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NNN lease with built in rental escalations.
- Prime exposure along Cliffe Avenue / Highway 19A (approx.10,500 VPD), the arterial route servicing Nanaimo and its nearby communities.
- Development application submitted for 2023 adjacent to the Subject Property for a six-storey mixed use project (11 CRUS and 140 resi units).
- Rarely available offering anchored by a Popeyes drive-thru, and tenanted by Papa John’s, Vape Street, and Burger Factory.
- Income underpinned by secure long-term leases (9.8 year weighted average lease term remaining) with renewal options thereafter.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,092 SF
Building Class
B
Year Built
2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.35 AC
Zoning
C-2 - C-2 Commercial Two Zone
AMENITIES
- Signage
- Drive Thru
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
