UNDER CONTRACT

220 Chain Lake Drive
Halifax, Nova Scotia
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 Five-Year Economic Growth Plan for 2016-2021 estimates the population to be 470,000 by 2021 (1.7% growth rate per year), 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 including Plaza REIT, Strathallen and Choice REIT own retail centres in this highly sought after retail node.
  • The property offers premium visibility from Chain Lake Drive (approx. 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:  137,818 SF (existing) + 4,000 SF (additional density)​
Site Area:  13.42 acres
Year Built:  ​1996 - Walmart, 1997 - Harvey's and Susie's Shortbreads, 2000 - La Cucina;
​Renovations in 2000, 2009, 2011, 2013, 2016, 2017
Parking:  692 parking stalls (5.02 per 1,000 SF)
​Tenants:  Walmart Supercentre, Harvey’s, Susie’s Shortbreads, La Cucina
​Occupancy:  100%
WALT​:  ​6.81 Years
Documents
Property Location
Contact us for more information:
Matthew T. Smith*
Executive Vice President
National Retail Investment Group
416-304-6004
Larry Sowerby*
Partner
Partners Global, Halifax
902-444-4004
Nick Macoritto*
​Vice President
​National Retail Investment Group
416-238-5874
Mark Leshchyshyn*
Sales Associate
​National Retail Investment Group
416-304-6022
* Sales Representative

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