- For Sale $17,000,000
- Property Type Retail - Strip
- Property Size 33,286 SF
- Lot Size 1.65 Acre
- Date Updated May 17, 2026
Description
A 90% (est.) leased, grocery shadow-anchored neighbourhood retail centre with national tenants, exceptional transit connectivity and compelling mixed-use redevelopment upside in one of Greater Victoria's key growth corridors
Located at 2929 Tillicum Road in Saanich, The Gorge Shopping Centre is an open-air retail centre situated on 1.65 acres and offers a complimentary tenant mix, anchored by national brands such as Shoppers Drug Mart, Dollarama and BC Liquor Store. The Gorge Shopping Centre provides 33,286 square feet of net rentable area, approximately 90% currently leased with only 3,469 square feet remaining vacant. Located in Saanich, this exceptionally well-tenanted Property also provides future upside through redevelopment under the Tillicum Burnside Plan.
Highlights
- 90% (est.) leased with national anchors supported by strong sales and a durable WALE
- Located in a high-growth Greater Victoria market with rising incomes and favourable affordability
- Positioned within Saanich's CCV Growth Framework, supporting long-term mixed-use densification and redevelopment upside
- Surrounded by active multi-phase development, driving sustained retail demand
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Contacts
Steve Da Cruz CCIM RI
Newmark
Location
Located at 2929 Tillicum Road, Victoria, BC V9A 2, this property is part of the Gorge - Tillicum neighborhood.
Contact Listing Broker
Steve Da Cruz CCIM RI
Newmark