New Retail Development 800 Fortune Drive Kamloops, Bc
FOR LEASE | NEW RETAIL DEVELOPMENT 800 FORTUNE DRIVE KAMLOOPS, BC
f GLA: 23,000 SF f New Retail Opportunity on Kamloops’ “North Shore”
Location Highlights This contemporary new neighbourhood convenience centre was designed by JM f One of Kamloops’ busiest intersections Architecture. The development is approximately 23,000 square feet spread over f Large fascia for signage four buildings; two with drive thru potential. All buildings offer excellent signage, f Close to Kamloops’ airport large windows and great exposure. The site offers excellent access and egress with f 4+ surface parking stalls per 1,000 SF over 100 surface parking stalls (4+ stalls per 1,000 square feet). f Good all-directional access/egress f Drive thru potential
Sean Ogilvie D 604.630.3402 O 604.684.7117 email: [email protected]
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com FOR LEASE | NEW RETAIL DEVELOPMENT 800 FORTUNE DRIVE KAMLOOPS, BC
Location Rental Areas The subject property is being built at the northwest corner of 8th Avenue and Fortune Building 1 11,062 SF Drive. This is one of Kamloops busiest controlled intersections offering great exposure and Building 2 5,747 SF reach to consumers on the “North Shore” and all of Kamloops as a whole. Area highlights Building 3 3,154 SF include: Building 4 3,315 SF Total 23,278 SF f 61.2% population growth in Kamloops’ North Shore from 2006-2011 — highest growth in Kamloops Parking f Well-established neighbourhood with a mix of multi-family and single family homes 4+ stalls per 1,000 SF f Within close proximity to Thompson Rivers University which houses 35,000 students and staff Basic Rent f North Shore Neighbourhood Plan received the Canadian Institute of Planners’ 2009 Contact listing broker Award for Planning Excellence f North Shore Business Improvement Association has strategic goals in place to attract, Additional Rent (2018 Estimate) retain and promote businesses in the area $9.00 PSF per annum f High employee retention due to low cost of living Availability Traffic Count (Peak HOUR 2016) Spring 2020 Fortune Drive at 8th Avenue — 2,800* (7 to 9AM) Fortune Drive at 8th Avenue — 3,538* (3:30 to 7PM) *City of Kamloops
Demographics Greater Vancouver 1 KM 3 KM 10 Min Drive Total Population 2,617,242 7,597 28,089 49,760 Dwelling Type One-Family Households (%) 62.44% 53.82% 58.02% 58.38% Owned (%) 63.52% 47.93% 59.63% 64.10% Median Age 40.3 42.3 42.2 42.5 Average Age 41.1 43.1 42.9 42.8 Family Type Couple Families With Children At Home (%) 46.49% 29.61% 32.06% 33.08%
Average Household Income $106,795.10 $72,686.24 $77,068.20 $81,983.75
Median Household Income $74,902.25 $53,579.14 $59,237.16 $64,479.73 Environics 2018
Busy intersection at Fortune Drive & 8th Avenue
lee-associates.com Proposed Site Plan
CRU 12 1,187 SF
CRU 11 1,108 SF
CRU 10 1,108 SF CRU 2 1,315 SF CRU 9 1,108 SF
CRU 6 1,236 SF
Building 2 UNDER 1 storey 18 ft CONTRACT 5,747 SF 2,000 SF
Building 4 1 storey 18 ft 3,315 SF CRU 4 CRU 3 CRU 2 946 SF 1,071 SF 1,137 SF
CRU 1 (Bank) 5,531 SF 1st floor 5,531 SF 2nd floor Building 3 1 storey 18 ft 3,154 SF
Building 1 2 stories 26 ft 11,062 SF FOR LEASE | NEW RETAIL DEVELOPMENT 800 FORTUNE DRIVE KAMLOOPS, BC 8th St
9th St 7th St SUBJECT
Tranquille Rd FORTUNE SHOPPING CENTRE
Fortune Dr
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Fortune Dr
Tranquille Rd
Vernon Ave
Willow St
Poplar St
Sean Ogilvie D 604.630.3402 O 604.684.7117 email: [email protected]
Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 09/25/18.
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com