Presents a Premium Commercial Opportunity on the Island Highway

Brand-new, purpose-built retail and professional office space in Black Creek, BC — strategically positioned between the Comox Valley and Campbell River markets.

Jed Grieve

Listing Agent — NAI Commercial

250-812-4151 · jgrieve@naicommercial.ca

Executive Overview

A Rare, Clean-Slate Commercial Asset in
Black Creek on Vancouver Island

Designed by MacDonald Hagarty Architects Ltd., this newly constructed commercial development sits prominently along the Island Highway corridor in Black Creek, BC — one of the most trafficked arterial routes on Vancouver Island. The property is purpose-built for flexibility, offering the rare opportunity to secure a full-anchor position or a demised multi-tenant layout, depending on your operational strategy.

Positioned to capture daily commuter flow between Courtenay/Comox and Campbell River, this is an exceptional opportunity for medical clinics, dental practices, or high-calibre professional offices seeking a high-visibility, low-competition trade area with strong regional demographics.

Property at a Glance

  • 7889 Island Highway North, Black Creek, BC
  • ~2,745 sq. ft. gross leasable area
  • Brand-new construction — clean slate
  • C-1 Zoning (Comox Valley Regional District)
  • 23 paved on-site parking spaces
  • Dedicated highway pylon + fascia signage
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Location Advantage

High-Exposure Frontage. Zero Direct Competition.

Black Creek sits at the geographic midpoint between two of Vancouver Island's fastest-growing urban centres — Courtenay/Comox to the south and Campbell River to the north. This address captures continuous daily regional commuter traffic and serves a broad, underserviced trade area with no localized medical or dental facilities currently operating in the immediate vicinity.

Comox Valley Market

Access to one of BC's most stable and growing regional economies, with strong household income and expanding professional service demand.

Campbell River Market

A resource-sector and healthcare hub with significant year-round population base and limited premium commercial supply.

Zero Local Competition

The immediate trade area currently lacks localized medical/dental facilities — creating a first-mover catchment advantage for incoming tenants.

Property Specifications

Built to Perform — Technical Specifications

Every element of this development has been engineered to support medical, dental, and professional office uses from day one. From power infrastructure to septic capacity, the building delivers the technical backbone required for demanding commercial tenants.

Gross Leasable Area

~2,745 sq. ft. total footprint — divisible or anchor-ready

Clear Ceiling Height

Approximately 11 ft. slab to truss — open-span flexibility

Electrical Service

Dedicated 3-Phase, 200-Amp — supports medical equipment loads

Septic Infrastructure

Engineered Wedler septic system rated at 4,750 L/day design capacity

Parking

23 shared, paved on-site spaces with Endall Road access

Signage

Dedicated placement on highway pylon sign and building fascia

Zoning & Permitted Uses

C-1 Commercial Zoning — Maximum Operational Flexibility

The property is zoned C-1 (Commercial One) under the Comox Valley Regional District, one of the most permissive commercial designations available in the region. This zoning explicitly supports a broad range of high-value commercial uses, making this asset attractive across multiple tenant sectors.

Medical & Dental Clinics

Full medical and dental clinic use permitted outright — ideal for GP, specialist, or dental group practices.

Veterinary Clinic Opening Soon

Permitted veterinary clinic and animal care use opening fall 2026 for an underserviced category in the Black Creek corridor.

Professional Offices

Law firms, accounting practices, financial advisors, and allied health professionals all qualify under C-1 zoning.

Retail Uses

Broad retail permissions support pharmacy, optical, wellness, or specialty retail complementary to anchor tenants.

Leasing Strategy

Two Strategic Paths to Occupancy

The property has been designed with deliberate flexibility — structured to accommodate either a single anchor occupant seeking maximum presence or a demised layout that unlocks phased multi-tenant value. Both paths are fully supported by the building's infrastructure and zoning.

Path A — Preferred

Full-Space Anchor

~2,745 sq. ft. — Entire Footprint

  • Ideal for medical, dental, or high-calibre professional clinic
  • Preferred 10-year lease term
  • Single-tenant operation with maximum brand presence
  • Full customized interior build-out capabilities
  • Strongest TI inducement eligibility
Path B — Fallback

Demised Dual-Unit Layout

CRU #1: ~1,717 sq. ft. | CRU #2: ~1,028 sq. ft.

  • Independent front/rear entry for each commercial unit
  • Dedicated utility metering per CRU
  • CRU #2 reserved for future landlord expansion or second tenant
  • Maintains income flexibility while protecting long-term optionality
Financial Framework

Competitive Net Lease Structure

The financial framework is structured to attract qualified, credit-worthy tenants while delivering stable long-term returns for the landlord. Base rents reflect the quality of the asset and the scarcity of comparable new construction in the corridor. Additional rent components are budgeted conservatively and transparently.

$25

Base Rent (Net)

Per sq. ft. annually — competitive for new construction on Vancouver Island

$11.50

Additional Rent (NNN)

Per sq. ft. per annum — preliminary budget covering taxes, insurance, and CAM

2,745

Sq. Ft. Available

Full footprint available for a single anchor tenant or divisible into two CRUs

10

Year Preferred Term

Target lease term for full-anchor tenants — shorter terms considered for demised units

Tenant Inducements

Flexible TI Packages for Qualified Tenants

The landlord is prepared to offer meaningful Tenant Improvement (TI) allowances and fixturing periods for qualified tenants with strong credit profiles. These inducements are structured to reduce upfront capital requirements for incoming tenants, enabling faster and more customized build-outs without compromising lease economics.

TI Allowance

Negotiable improvement allowance applied toward interior construction — scaled to lease term length and tenant creditworthiness.

Fixturing Period

Rent-free fixturing period available during construction — allowing tenants to build out and commission their space before rent commencement.

Delivery Condition Advantage

Base building delivered drywalled with a completed washroom and HVAC RTU allowance — minimizing tenant base-build costs from the outset.

Market Context

Why Black Creek — Why Now

The Black Creek corridor represents one of the last underserviced commercial nodes on central Vancouver Island. As population growth continues in both the Comox Valley and Campbell River Regional Districts, demand for accessible, community-level professional services has materially outpaced available supply.

This property offers what the market currently cannot: brand-new construction, medical-grade infrastructure, high-visibility highway frontage, and zero direct competition in the immediate trade area. For a medical or dental practice, this represents a genuine first-mover advantage in a catchment area with strong and stable household demographics.

Regional Commuter Exposure

Continuous daily traffic between Courtenay/Comox and Campbell River passes directly in front of this site.

Stable Demographics

Strong regional population base with above-average demand for medical and professional services.

Next Steps

Secure Your Position in This High-Demand Corridor

This is a rare opportunity to establish a flagship location in a purpose-built, architect-designed commercial property with no comparable competition in the immediate trade area. Whether you are a medical practice seeking a permanent home, or a national retailer evaluating Vancouver Island expansion, 7889 Island Highway North delivers the infrastructure, visibility, and market fundamentals to support lasting success.

Request More Information

Contact: Jed Grieve
Phone: 250-812-4151
Email: jgrieve@naicommercial.ca

Book a Site Tour

Arrange a private walkthrough of the completed building with the listing agent.

Submit an Offer

Qualified tenants are encouraged to submit an Offer to Lease to secure preferred terms and priority consideration.

7889 Island Highway North (2054 Endall Rd), Black Creek, BC
C-1 Zoning · ~2,745 Sq. Ft. · $24–$26 NNN · 23 Parking Spaces · New Construction