Investment opportunity

Transcription

1 Investment opportunity Pacific Rim SHOPPING CENTRE Port Alberni, British Columbia COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 MAIN FAX Morgan Dyer* Senior Vice President DIR Simon Lim* EXECUTIVE Vice President DIR Jason Winton Vice President & Managing Broker DIR ext

2 Introduction & Opportunity Sun Life Assurance Company of Canada (the Vendor ) has engaged Colliers Macaulay Nicolls Inc. ( Colliers ) to facilitate the sale of Pacific Rim Shopping Centre, 3555 Johnston Road, Port Alberni, British Columbia (the Property ). Investment Highlights > High exposure shopping centre with 98% of existing tenants comprising National/ International Retailers > Tenants include: Staples/Business Depot, Canada Post, Dollarama, Coast Insurance, Easy Home, The Source, Lordco Auto Parts, CIBC, A & W and Starbucks > Strong tenant mix > Newer shopping centre in the high calibre shopping district on the Alberni Highway in Port Alberni, BC > Prime retail location on the eastern border of the city > Exceptional frontage and exposure to the Alberni Highway, the main East Coast to West Coast connector in Mid-Island Vancouver Island > Excellent location amongst many National Retailers including Wal-Mart and No Frills (Loblaws) food store and a diverse mix of other service and convenience businesses > Excellent surface parking > Rapidly expanding area with approximately 33,284 people within a 25 minute drive (2011 Census) > High quality architectural design by Boni~Maddison Architects

3 Location POrt Alberni Port Alberni is the regional retail and service centre for mid-island Alberni Highway, the main East Coast to West Coast connector in Mid-Island Vancouver Island. Known as the Salmon Capital of the World, where great chinook salmon fishing is ensured. A town of 33,284 people, located 50 km west of Parksville, on Hwy km northwest of Victoria. Port Alberni in the Alberni Valley becomes the gateway to Vancouver Island s Pacific Rim region, where you can enjoy camping, swimming, hiking, fishing, boating, windsurfing, kayaking, canoeing, birdwatching, and golfing. Pacific Rim Shopping Centre is located along the Alberni Highway adjacent to No Frills and Wal-Mart (Big Box) in Port Alberni. Location Highlights > Port Alberni services a trade area of 33,284 people within a 25 minute drive. > Pacific Rim Shopping Centre is located along the Alberni Highway which is the main East Coast to West Coast connector in Mid-Island Vancouver Island. > Over 1.5 million vehicles annually pass through Port Alberni on their way to the high traffic tourist areas of Tofino and Ucluelet. CHERRY CREEK ROAD JOHNSTON ROAD B.C.MEDICAL #: DOCTOR S PHONE #: LORDCO 3 DOCTOR S NAME: 2 RELATIONSHIP: NAME: ADDRESS: CITY: PROV: POSTAL CODE: DAY TIME PHONE: NIGHT TIME PHONE: RELATIONSHIP: Branch: Interviewed by: Employed by: Approved by: Date: Date of next review: NIGHT TIME PHONE: Occupation: DAY TIME PHONE: APPLICATION FOR EMPLOYMENT Starting Date: POSTAL CODE: Starting Rate: $ per CITY: PROV: Full Time Part Time ADDRESS: 1 NAME: Acceptable for Employment? Yes No PERSON(S) TO BE NOTIFIED IN THE EVENT OF AN ACCIDENT OR EMERGENCY Expiry Date: Driver s Licence #: DRIVERS ONLY TO COMPLETE Social Insurance Number: Number of Dependents including yourself: Separated Divorced Widowed Marital Status: Single Engaged Married Sex: Male Female Date of Birth: Comments:.. legally permissible reasons (income tax deductions) APPLICANT TO COMPLETE THIS SECTION ONLY AFTER BEING HIRED The following information requested is needed for either: Interview: Yes No Benefit Programs, or Date: Time: LORDCO PARTS LTD. EMPLOYMENT APPLICATION BROUGHTON STREET LONG STREET ALBERNI HIGHWAY

4 Site Plan Property Description Pacific Rim Shopping Centre Port Alberni, BC August 2012 Coast Insurance First Choice Haircutters CIBC 5,048 SF 311 1,496 SF 309 1,496 SF SF 305 3,003 SF 303 2,443 SF Suzanne s Available 301 Veterinarian 401 Easyhome 3,584 SF N Connect Hearing Cherry Creek Road 10,103 SF 406 Connect Hearing 1,203 SF Bosley s Pet Food Plus 3,000 SF 205 Available 1,941 SF A1 8,514 SF 201 A & W 2,228 SF B2 12,572 SF B1 15,360 SF 105 Warehouse One Jeans 3,391 SF 102 The Source 2,465 SF 101 Starbucks 1,636 SF Johnston RoadAlberni - Nanaimo Highway #4 This site plan is presented solely for the purpose of identifying the approximate location of the buildings as presently contemplated by the owner/landlord. Building dimensions, access and parking areas, existing tenant locations and identities are approximate and subject to change at the owner s discretion from time to time without notice. The information provided herein should be otherwise verified and is not intended to be relied upon in the form presented. Extra Foods Gas Bar SEPARATE TITLE OWNERSHIP Civic Address: Lot Size 7.93 acres Net Rentable Area: 80,394 SF Year Built: 2007 Parking: 427 Surface Parking Stalls Zoning: C2 - Community Shopping Centre District This zone provides to establish and maintain communityoriented retail shopping areas. NOI (Stabilized) $1,276,588 (Sep 2013) Tenants % of Total GLA Staples Business Depot 15,360 SF 19% Lordco Auto Parts 12,572 SF 16% Dollarama 10,050 SF 13% Canada Post 8,514 SF 11% CIBC 5,048 SF 6% Easy Home 3,584 SF 5% Warehouse One 3,391 SF 4% Suzanne's 3,003 SF 4% InterTAN 2,465 SF 3% A&W 2,228 SF 3% Starbucks 1,636 SF 2% PR Vet Hospital 1,496 SF 2% Coastal Community Credit Union 1,496 SF 2% Connect Hearing 1,177 SF 1% First Choice Haircutters 990 SF 1% Vacant SF 9% 80,394 SF 100%

5 Offering Process & Contact Prospective purchasers are invited to submit Offers to Purchase for Pacific Rim Shopping Centre through Colliers for consideration by the Vendor. Please contact Morgan Dyer, Simon Lim or Jason Winton for more information; or for a copy of the Confidential Information Memorandum (the CIM ), please submit a Confidentiality Agreement via fax to or by to Morgan Dyer, Simon Lim or Jason Winton. Morgan Dyer* Senior Vice President DIR morgan.dyer@colliers.com Simon Lim* EXECUTIVE Vice President DIR simon.lim@colliers.com Jason Winton Vice President & Managing Broker DIR ext jason.winton@colliers.com

6 COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 MAIN FAX Morgan Dyer* Senior Vice President DIR Simon Lim* EXECUTIVE Vice President DIR Jason Winton Vice President & Managing Broker DIR ext This document/ has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation.