| NNN lease with built in rental escalations. |
| Rarely available offering anchored by a Popeyes drive-thru, and tenanted by Papa John’s, Vape Street, and Burger Factory. |
| Prime exposure along Cliffe Avenue / Highway 19A (approx.10,500 VPD), the arterial route servicing Nanaimo and its nearby communities. |
| Income underpinned by secure long-term leases (9.8 year weighted average lease term remaining) with renewal options thereafter. |
| Development application submitted for 2023 adjacent to the Subject Property for a six-storey mixed use project (11 CRUS and 140 resi units). |
