2929-2973 Tillicum Rd - Freestanding FOR SALE


Victoria, BC V9A 2A6
$17,000,000 CAD
778-900-9471
2929-2973 Tillicum Rd, Victoria, BC for Sale
$17,000,000 CAD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

2929-2973 Tillicum Rd
Victoria, BC V9A 2A6


HIGHLIGHTS

  • Dominant Tenant Roster
  • Exceptional Location & Demographics
  • Significant Development to Surrounding Area
  • Redevelopment Potential
  • Shadow Grocery Anchor Advantage

OVERVIEW

Newmark Canada is pleased to present the exclusive opportunity to acquire an open-air, grocery-shadow anchored retail centre in Greater Victoria, BC. This institutional grade investment offers a complimentary tenant mix, anchored by national brands such as Shoppers Drug Mart, Dollarama and BC Liquor Store. Located in a high-growth Greater Victoria market with rising incomes and favourable affordability, the subject site is surrounded by active multi-phase development, driving sustained retail demand and is well positioned for long-term mixed-use densification with redevelopment upside. Please reach out directly for more information.

FOR SALE DETAILS

PRICE

$17,000,000 CAD

PRICE/SF

$676 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Gorge Shopping Centre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

119

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

C-3L

APN/PARCEL ID

000-048-763

ASK ABOUT THIS PROPERTY

Steve Da CruzNewmarkMore Info
778-900-9471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Steve Da CruzNewmarkMore Info
778-900-9471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.