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Long Lake Plaza 4890 Rutherford Rd 37,102 SF 100% Leased Retail Building Nanaimo, BC V9T 4Z4 For Sale
INVESTMENT HIGHLIGHTS
- Stable tenant mix with primarily long-term tenancies and WALT of 4.55 years
- Ample parking
- Central location with significant development growth in surrounding area
EXECUTIVE SUMMARY
Tetra Realty Advisors and Avison Young are pleased to present an opportunity to acquire Long Lake Plaza, a fully leased, 2.55-acre shopping centre located at 4890 Rutherford Road in Nanaimo, BC. The property offers outstanding visibility and accessibility, making it an attractive investment in one of Nanaimo’s most vibrant commercial areas. With its strategic location and proximity to essential amenities, Long Lake Plaza is poised to benefit from the ongoing growth and development of the region, providing long-term value for investors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
37,102 SF
Building Class
B
Year Built
2015
NOI
$597,221 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
2.55 AC
Zoning
COR3 - Community Corridor
Parking
50 Spaces (1.35 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
1 of 2
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Long Lake Plaza | 4890 Rutherford Rd
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