Long Lake Plaza

• Total population of 55,698 within 5km
• 50+ surface parking stalls
• Located along Island Highway with a daily traffic volume of 60,000+ VPD
• Average Household Income: $100,336 (5km)
• Stable tenant mix with primarily long-term tenancies and WALT of 4.55 years
• Potential future mixed use redevelopment
• Central location with significant development growth in surrounding area
• Fully leased with room for rental rate growth upon renewals

Property Description

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.