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Wembley Mall 826 W Island Hwy
700 - 15,185 SF of Retail Space Available in Parksville, BC V9P 2B7
Highlights
- Anchored by Save-On-Foods, Canadian Tire, and BC Liquor
- Home To Oceanside Place Area
- Conveniently located shopping mall
- Services many neighbouring communities
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 950-4,015 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 2 | 950-9,520 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 700-1,650 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 1
Wembley Mall is a very well put together and well maintained shopping mall offering the surrounding communities a variety of amenities and big box retailers. Wembley Mall is an enclosed mall with a total site area of 1.2 million square feet, located on Island Highway between Wembley and Stanhope roads in Parksville. This high profile shopping mall attracts a very large amount of daily traffic, and a wide variety of customers, which all of the Tenant’s benefit greatly from. Adjacent to the property is Oceanside Place, a multiplex facility, which includes two NHL-sized ice surfaces and a leisure ice surface. The two facilities are joined by a connecting corridor, and patrons can view the leisure ice surface from inside Wembley Mall, adding to this already busy location.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 900 – 2,000 SQFT Starting at $18.00/FT
- 2,000 – 4,000 SQFT Starting at $16.00/FT
- 4,000 SQFT and above Starting at $15.00/FT
1st Floor, Ste 2
Wembley Mall is a very well put together and well maintained shopping mall offering the surrounding communities a variety of amenities and big box retailers. Wembley Mall is an enclosed mall with a total site area of 1.2 million square feet, located on Island Highway between Wembley and Stanhope roads in Parksville. This high profile shopping mall attracts a very large amount of daily traffic, and a wide variety of customers, which all of the Tenant’s benefit greatly from. Adjacent to the property is Oceanside Place, a multiplex facility, which includes two NHL-sized ice surfaces and a leisure ice surface. The two facilities are joined by a connecting corridor, and patrons can view the leisure ice surface from inside Wembley Mall, adding to this already busy location.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 900 – 2,000 SQFT Starting at $18.00/FT
- 2,000 – 4,000 SQFT Starting at $16.00/FT
- 4,000 SQFT and above Starting at $15.00/FT
1st Floor, Ste 3
Wembley Mall is a very well put together and well maintained shopping mall offering the surrounding communities a variety of amenities and big box retailers. Wembley Mall is an enclosed mall with a total site area of 1.2 million square feet, located on Island Highway between Wembley and Stanhope roads in Parksville. This high profile shopping mall attracts a very large amount of daily traffic, and a wide variety of customers, which all of the Tenant’s benefit greatly from. Adjacent to the property is Oceanside Place, a multiplex facility, which includes two NHL-sized ice surfaces and a leisure ice surface. The two facilities are joined by a connecting corridor, and patrons can view the leisure ice surface from inside Wembley Mall, adding to this already busy location.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 900 – 2,000 SQFT Starting at $18.00/FT
- 2,000 – 4,000 SQFT Starting at $16.00/FT
- 4,000 SQFT and above Starting at $15.00/FT
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 826 W Island Hwy , Parksville, BC V9P 2B7
| Min. Divisible | 700 SF | Gross Leasable Area | 187,662 SF |
| Property Type | Retail | Year Built | 2003 |
| Property Subtype | Freestanding |
| Min. Divisible | 700 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 187,662 SF |
| Year Built | 2003 |
Nearby Major Retailers
Presented by
Wembley Mall | 826 W Island Hwy
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