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Cariboo Mall 535 Cariboo Hwy 39,708 SF 100% Leased Retail Building 100 Mile House, BC V0K 2E0 For Sale
INVESTMENT HIGHLIGHTS
- Seller spent $1.1 million on primarily external area of mall over two years
- 39,708 SF of retail enclosed community mall
- Located on a 3.44-acre site along the Cariboo Hwy in the town of 100 Mile House
- During that time key merchants updated their premises significantly
- Major tenants include Red Apple, Fitness Centre, Rise & Grind Coffee, Bank of Montreal, Pharmasave, new dental clinic
- Sundry CRU space and shadow anchored by FreshCo
EXECUTIVE SUMMARY
Cariboo Mall has a linear configuration with Pharmasave anchoring the east end and Red Apple anchoring the west end. The main entrance to the mall is situated at east end where it connects to the FreshCo shadow anchor. In addition to Pharmasave (9,027 SF) and Red Apple (6,390 SF), the Centre is demised into seven separated commercial retail units ranging from 741 SF to 3,200 SF.
FINANCIAL SUMMARY (ACTUAL - 2020) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$582,232
|
$14.66
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$582,232
|
$14.66
|
| Taxes |
-
|
-
|
| Operating Expenses |
$194,711
|
$4.90
|
| Total Expenses |
$194,711
|
$4.90
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2020)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $582,232 |
| Annual Per SF | $14.66 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $582,232 |
| Annual Per SF | $14.66 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $194,711 |
| Annual Per SF | $4.90 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $194,711 |
| Annual Per SF | $4.90 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
39,708 SF
Building Class
C
Year Built
1973
NOI
$387,521 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
3.44 AC
Parking
265 Spaces
Frontage
591’ on Cariboo Hwy
AMENITIES
- Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Bank of Montreal
- -
- -
- -
- -
- Pharmasave
- -
- -
- -
- -
- Red Apple
- -
- -
- -
- -
- Sotheby's
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Bank of Montreal | - | - | - | - | ||
| Pharmasave | - | - | - | - | ||
| Red Apple | - | - | - | - | ||
| Sotheby's | - | - | - | - |
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Little Fort Highway | Cariboo Highway | 1,474 | 2020 | 4.63 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
IMG_6067-web
Pre-Construction (6)
May 20, 2019 - (3)
May 20, 2019 - (31)
May 20, 2019 - (40)
Pre-Construction (11)
May 20, 2019 - (30)
May 20, 2019 - (8)
May 20, 2019 - (35)
May 20, 2019 - (22)
May 20, 2019 - (18)
May 20, 2019 - (9)