FOR SALE | RBC & Shoppers Drug Mart Anchored Retail Plaza

Address
450 Reid Street, Quesnel, BC
Property Type
For Sale
Size
1.4 Acres

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of Quesnel Plaza (the “Subject Property”). The Subject Property presents the opportunity to acquire a fully-leased, multi-tenant retail plaza anchored by RBC and Shoppers Drug Mart. The Subject Property encompasses a rich mix of daily needs retail services.

  • Fully-leased retail strip located in the heart of Downtown Quesnel, well-anchored by the Royal Bank of Canada (tenant since 1972) and Shoppers Drug Mart (tenant since 1992)
  • Historically strong occupancy levels with notable national covenants and strong long-term local operators with a weighted average tenant tenure of over 25 years
  • In the primary shopping hub for the Cariboo Regional District, located directly across from Safeway, and in close proximity to all other chartered financials, Canada Post, BC Liquor, and other daily need retailers and services, the Plaza and surrounding area is a high-traffic, pedestrian-friendly commercial core

  • Parking (±50 stalls) accessible from McLean Street and ample street parking directly in front of the property on St. Laurent Ave and Reid Street

  • Well managed with routine maintenance and repair, and a proactive capital improvement program

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For access to the full investment memorandum, financial models and/or data room, kindly complete the legally binding Confidential Agreement (‘CA’) form below. We will follow up with you by email.
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