Aug 19, 2025
Secondary Retail Assets Draw Investor Interest
Investor demand for stabilized retail in smaller urban centres continues to show strength, with the recent sale of Plaza 43, an 11,315 sq. ft. strip mall in Vernon, BC, attracting multiple offers shortly after hitting the market. Sale Price: $3,977,000 Occupancy: 100% (including anchor tenant Circle K) Zoning: CMUB – Commercial Mixed-Use Business Lot Size: 1.34 acres This transaction reflects investor confidence in smaller markets, particularly when retail assets offer fu
