Churchill International Property Corporation
Suite 1010, 1040 West Georgia Street, Vancouver, BC Canada V6E 4H1
T: 604.689.8500
F: 604.689.5910
E: [email protected]
4890 Rutherford Rd, Nanaimo BC
Date Purchased
November 2005
|
Date Sold
January 2013
|
Purchase Price
$5,100,000
|
Sale Price
$6,100,000
|
Site Area
2.55 acres
|
Gross Leasable Area
38,500 SF
|
Fund: Churchill III Real Estate Limited Partnership |
Long Lake Plaza is a 38,500 SF community shopping centre located in the City of Nanaimo, 110 km north of Victoria. Nanaimo is the regional retail and service centre for central and northern Vancouver Island. The 2.55 acre property is located on the prime corner of Rutherford Road and Island Highway, with an average traffic volume of 40,000 vehicles per day. This high visibility location sits within an established retail node — surrounding tenants include Sears, Best Buy, London Drugs and Target. The property was originally purchased in November 2005 and sold in January 2013.
Looking to Invest in a Property?