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COMMERCIAL-1650 Terminal Avenue
Nanaimo


Lease / Sale

This development is located on the Island Highway just north of Terminal Park Mall, providing high traffic volumes with exceptionally good visibility for your office or retail business. City traffic counts indicate an average of 30,000 vehicles pass this location every day.
The intriguing design of the building provides tenants and owners with the  convenience of individual office space supported by strata-titled ownership. The complex is ideally suited for professional offices, medical, dental, legal, financial or retail use.
The building design provides two levels of offices with views.  Each office will have direct access either by ground-level entry or individual stairs leading to private lobby entry. Second floor units (A and B) will be serviced by a handicap lift and have access to balconies.
Unit sizes in the building range in size from approximately 1,154 sq ft to 4,987 sq ft or any combination thereof that would fit user requirements. Lease rates from $22/ sq ft. Units for sale from $344,000.
The property is zoned C4 commercial. This designation provides for a range of commercial activities which are of low intensity and which may rely on the surrounding area as the threshold market area. Permitted uses  include offices, recreation facilities, retail stores, restaurants, commercial schools, financial institutions, libraries and other uses.
Exterior design, colours and materials have been selected to support the natural landscape of the Nanaimo region. Consideration for modern, environmentally-supportive appearances will reinforce professionalism in design and construction of the property.
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PROPERTY DETAILSLISTING DETAILS
Detailed Description Office Building Commercial
IntersectionTerminal Avenue
Building Size6141 sq. ft.
Asking Price$344,000.00
Total Available6,141 sq. ft.
Total Additional Rent$0.00 /sq ft
AvailabilityTBD
Lease TermOpen
Average Rental Rate$22.00 /sq ft

CONTACT DETAILS
Listing Agent(s)Agent PhoneAgent Email
Gerry Van Vaals250-753-5757gerry.vanvaals@dtzbarnicke.com

Property Description
Additional Marketing Information
2 Units Left 1650 Terminal Avenue Executive Summary.pdf


SUITE AVAILABILITY
FloorSizeLease/SubleaseRateAvailabilityTerm


Although the information contained in this document is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior sale, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke