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Executive Summary

Colliers is pleased to present this exclusive opportunity to acquire Woodgrove Centre, the largest shopping destination on Vancouver Island. Spread over 62 acres and strategically positioned within Nanaimo’s dominant regional retail node, the 772,000+ SF Centre is home to major national retailers, including Walmart, Hudson’s Bay, Save-On-Foods, Avalon Cinema, Toys R Us, Sport Chek, Winners and Indigo (Chapters).

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
772,558 SF
Building Class
B
Year Built
1981
Percent Leased
81%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.29
Lot Size
62.12 AC
Zoning
CC4 - Woodgrove Urban Centre Zone
Parking
3,658 Spaces (4.73 Spaces per 1,000 SF Leased)
Frontage
1,743’ on Island Highway North
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100

Nearby Major Retailers

Tim Hortons
Blenz Coffee
Save-on-foods Pharmacy
BMO
Taco Time
Scotiabank
Starbucks
BDC
CIBC
Planet Fitness
  • Listing ID: 40263326

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 6631 Island Hwy, Nanaimo, BC V9T 4T7

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