UNDER CONTRACT

220 Chain Lake Drive
Halifax, NS
Investment Highlights:
  • Located in the heart of Bayers Lake Business Park, the Property is near the exit from Highway 102, the main entrance to the retail node.
  • The City has ambitious growth plans for the next three years and Halifax’s Ten-Year Economic Growth Plan estimates the population to be 550,000 (1.7% growth rate per year) by 2031, further enhancing Bayers Lake market catchment.
  • The site is surrounded by the country’s most dominant national retailers, drawing consumers from across the city and province. Many institutional investors own retail centres in this highly sought after retail node.
  • The Property offers premium visibility from Chain Lake Drive (approximately 700 ft of frontage) and capitalizes on shared access with the adjacent Costco and Atlantic Superstore.
Property Overview
Address:  ​220 Chain Lake Drive, Halifax, Nova Scotia
Intersection:  Chain Lake Drive & Lacewood Drive
GLA:  137,860 SF (existing) + 4,000 SF (opportunity for bank pad)​
Site Area:  13.42 acres
Year Built:  ​Walmart - 1996, Harvey's and Susie's Shortbreads - 1997, Mexicali Rosa's (Mexi's) - 2000; Renovations in 2000, 2009, 2011, 2013, 2016, 2017*
Parking:  692 parking stalls (5.02 per 1,000 SF)
​Tenants:  Walmart Supercentre, Harvey's, Mexicali Rosa's (Mexi's), Susie’s Shortbreads
​Occupancy:  100%
WALT​:  ​5.70 Years
* Walmart converted and replaced all roof top units to natural gas and replaced the roof in 2016/2017 at their own cost.
Documents
Property Location
Contact us for more information:
Matthew T. Smith*
Executive Vice President
National Retail Investment Group
416-304-6004
Todd Bechard*
Co-Head, Capital Markets 
Partners Global Corporate 
Real Estate Inc.** 
​1-902-444-3014 
Nick Macoritto*
Executive Vice President
​National Retail Investment Group
416-238-5874
Mark Leshchyshyn*
Sales Associate
​National Retail Investment Group
416-304-6022
* Sales Representative.  **Listing Brokerage

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