Owner-User/Investor Opportunity For Sale Located in Colwood’s Town Centre

Location Contact 200-324 Goldstream Avenue Curtis Leonhardt* 604 638 1999 [email protected] Colwood Jon Buckley* 604 630 0215 [email protected]

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*Personal Real Estate Corporation For Sale 200-324 Goldstream Avenue Colwood BC

The Opportunity

Pacific Centre Family Services Association (PCFSA) has exclusively retained Form / Marcus & Millichap REIS Canada Inc. to facilitate the sale of Unit 200 - 324 Goldstream Avenue, Colwood B.C. (the “Subject Property”). The Subject Property presents a rare opportunity to acquire recently constructed office strata space located in the centre of Colwood’s rapidly growing Town Centre.

Salient Details Winner of the Commercial Building Awards of 2018 for the best Community/Institutional project - Awarded by Civic Address: Unit 200 - 324 Goldstream Avenue, Colwood BC the Commercial Division of the Victoria Real Estate Board PID: 030-445-477 (+ add'l strata parking stalls) STRATA LOT 1-17, 22-25, AND 32, PLAN EPS4667, SECTION 1, LAND Investment Highlights Legal DISTRICT, TOGETHER WITH AN INTEREST IN Description: THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS Opportunity for an Owner-User or Investor to acquire 7,522 SF of office strata space SHOWN ON FORM V comprising the entire second floor of a two-storey award-winning development Year Built: 2018 Subject Property is complete with 21 strata titled parking stalls, with access from the Unit 200 (SL 32) $2,992,000 Assessed Value covered garage to the second floor by elevator and stairwell Parking Spaces (SL 1-17, 22-25) $259,200 (2020): Total $3,251,200 Subject Property is well suited for Professional Offices/Services, Medical Uses, Law Leasable Area: 7,522 SF Firms, Architects, Real Estate Offices, Private Schools, and General Office Users Zoning: C8A - Towncentre Mixed Use A Owned Covered Parking Spaces: 21 (strata titled) The two-storey commercial strata building is comprised of a total of 13,955 SF of Parking: Surface Parking Spaces: 19 (common property) rentable area, and is currently occupied by professional medical offices including dentist, orthodontist, and clinical psychologist 7,522 SF Office = $3,799.45/month Strata Fees: Covered Parking Space = $92.40/space/month Subject Property is finished with well-appointed office improvements, including Price: $3,500,000 private offices, board/meeting rooms, front reception, kitchen, shower room, multiple restrooms, private patio, etc. Price PSF: $465 PSF

02 For Sale Goldstream Avenue 200-324 Goldstream Avenue Colwood BC

OFFICE OFFICE OFFICE 9'0"x12'r 9'0"x 12' r a·11·x12'r

BOARDROOM OFFICE 29' 8" X 13' 2" 10· r x 12· s·

OFFICE 9'0"x11'0" OFFICE 13' 11" x9'2" STORAGE 10' 7" X 4' 10" Investment Highlights RECEPTION OFFICE 35' 1"x 11' 11" 11' 2" x9' 1"

CONFERENCE ROOM OFFICE 20' a·x30' 3" 9'7"x11'5" Well-positioned to capitalize on CONFERENCE / MULTI -PURPOSE ROOM OFFICE 20' 11"x 19'4" Colwood’s growing population and 11' 2" x8' 10" demand for new office space W AITING ROOM 21'11"x22'5" OFFICE 9'7" X 10' 11" LIFT LOBBY ELEVATOR OFFICE 9' 1·x 11·a· • r 1· x 11·2· 11' 2" X 9' 2" HALL 31' 1"x4' 11" HALL The immediate and surrounding areas is 30'6"x4'11" characterized by significant population OFFICE 10· s·x 10•9• growth and new commercial and OFFICE OFFICE OFFICE OFFICE 16' 2"x 12'0" 9' 6" X 13' 11" 9' 6"x 13' 11 • 9'0" X 13' 11" OFFICE OOFICE OFFICE residential developments, including 9'0"x 13' 2" 9'0"x 13'2" 8' 11"x 13' 2• Holiday Inn Express & Suites, Rexall, RBC, and Onni’s upcoming Colwood Corners

Located nearby Island Highway, providing Click Here for a Virtual Tour Parking Lot excellent connectivity to Victoria, Langford, and other surrounding cities

03 West Shore For Sale Lodge (Trillium) 200-324 Goldstream Avenue Huu-ay-aht Colwood BC First Nations

West Shore Health Unit Location Overview

GOLDSTREAM AVENUE Colwood is a focal point in the West Shore community, and is characterized by rapid population growth and new development. (Northland Property Group) Colwood encompasses a rich mix of commercial, residential and office developments and has experienced immense growth over the years. Within 3 KM of the Subject Property, Colwood has experienced growth of 11.0% with a corresponding population Subject Site of 32,600 people. Colwood has made the Top 10 list of fastest growing communities above 5,000 people.

SOOKE ROAD Specifically, the Subject Property is located within Colwood’s Town Onni’s Colwood Corners Centre, a 27-acre triangle of properties in the epicenter of the city. (Phase I - 2021) The Town Centre is focused on new developments, expanding the City’s tax base, and creating ample opportunity for new services and amenities within the triangle.

Moreover, the Subject Property is surrounded by essential retailers such as RBC, Rexall, Thrifty Foods, and Colwood Corners – Onni’s upcoming 12.5 acre two-phased, mixed-use development. The Subject Property is located along Hwy 1A (Island Hwy), providing quick and easy access to the Trans Canada and surrounding municipalities of the larger Capital Regional District. Colwood Highlights

One of the four West Shore Communities, the Island’s fastest and highest growing region

More than 500 active businesses in Colwood

Projected that 204,000 SF of retail floor space will be added to the City of Colwood by 2038

Employment opportunities projected to increase 83.7% by 2038

Average household income of $120,017

10 KM away from Victoria

04 For Sale 200-324 Goldstream Avenue Colwood BC

WALE ROAD Colwood Town Centre

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GOLDSTREAM AVENUE 17 15 1 13 5 11 ROAD 9 2 12 10 14

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2019 Demographics 3 KM 5 KM 1. Subject Site 8. RBC Royal Bank Recreation Population 32,599 41,962 2. CIBC 9. Thrifty Foods 15. Public 3. Rexall 10. Tim Hortons Library Average Household Income $101,665 $104,862 4. RBC 11. Mr. Lube 16. McDonald’s Population Growth (2014-2019) 11.0% 15.5% 5. Royal Colwood Golfclub 12. Wendy’s 17. Holiday Inn Express Projected Population Growth 7.4% 8.5% 6. Colwood Corners by Onni 13. A&W 7. Coast Capital Savings 14. West Shore Parks & 05 The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the Form / Marcus & Millichap physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, 1280-333 Seymour Street T 604 638 2121 or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap Vancouver, BC V6B 5A6 F 604 638 2122 has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a trademark of Marcus & Millichap Real Estate Investment Services, Inc. Used under license by Marcus & Millichap Real Estate Investment Services Canada Inc. © 2019 Marcus & Millichap. All rights reserved.