Vernon Square Shopping Centre
Vernon, British Columbia
Project Status: Current
Personal Real Estate Corporation
Sitings Realty Ltd.
Vernon Square is a 151,110 SF Safeway and London Drugs anchored centre,
ideally located on Hwy 97 & 43rd Ave in Vernon BC. Its prime location
provides unparalleled exposure to Hwy 97, Okanagan’s major Hwy
route connecting Vernon to the northern communities of Salmon Arm,
Sicamouse and Revelstoke as well as Lake Country, Kelowna, Penticton
and Osoyoos to the south.
The centre houses a mix of over 20 tenants including Safeway, London
Drugs, Dollarma, Vernon Liquor Store, Pet Planet, White Spot and
Prospero Credit Union. Coupled with Vernon Square’s convenient access,
ample parking and central location, this diverse mix of tenants creates a
strong customer base for future tenants to build off.
Located in the North Okanagan Valleys economic hub, Vernon Square
has become the Dominant open-air retail centre in the market. Traffic
to the centre is further enhanced by the yearly influx of tourism visiting
the surrounding lakes, wineries and Silver Star Ski Resort. The trade area
encompassing Vernon Square extends beyond the city of Vernon to
include Armstrong, Enderby, Salmon Arm, Sicamous, Revelstoke, Lumby,
Kalamalka Lake and the northern portion of Okanagan Lake.
|Survey Radius||1KM||3KM||5KM||Trade Area|
|2016 Average Household Income||$56,228||$69,430||$76,226||$86,075|
|2016 Daytime Population||7,130||33,792||46,582||132,563|