Commercial Multi DTZ April 2011

Page 1

Feature Commercial Properties for Sale and Lease Metro Vancouver April 2011 LOT FOR SALE

1186 Granville Street, Vancouver

SHOWROOM/WAREHOUSE FOR SALE

OFFICE/RETAIL FOR LEASE

3,000 sq ft development site 3.5 FSR $2,250,000 Parking income

4,020 sq ft building on 6,300 sq ft lot On-site parking Generates $42,250 per annum net Asking $775,000

13550 106th Avenue, Surrey

7900 Alderbridge Way, Richmond

James Bayley, Tom Bakker, Meghan Kennedy

Tony Capolongo, Chris McIntyre

Casey Bell

OFFICE FOR LEASE

SERVICE/RETAIL FOR SALE OR LEASE

RETAIL/OFFICE FOR SALE

2288 Kingsway, Vancouver

2 - 75 Blue Mountain Street, Coquitlam NEW Service Commecial facing Hwy #1 3,881 sq ft with 2,970 main floor retail Join Ikea, Home Outfitters, KMS Tools and many more

8,134 sq ft office/showroom/warehouse space Prime owner occupier opportunity Private parking • Dock loading Redevelopment potential

Howard Malchy

Rand Thomson

Ryan Saunders, Mitch Ellis

OFFICE FOR SUBLEASE

OFFICE FOR LEASE

USER/DEVELOPMENT OPPORTUNITY

206 - 960 Quayside Drive, New Westminster

1955 East Hastings Street, Vancouver

Un de r

Co nt ra ct

3,172 sq ft Unit comes with private offices, reception area, meeting room and staff lounge Air conditioned • Parking available

1,500 sq ft office 8,000, 13,000 or 21,000 sq ft retail Centrally located Established location

Up to approximately 3,387 sq ft Reception area • Boardroom • Private offices Open area • Kitchen and storage Bright suite with views of the Fraser River

2425 Quebec Street, Vancouver

752–4,174 sq ft Bright offices with skylights View of downtown and North Shore mountains Parking available • Centrally located

1683 East Pender Street, Vancouver

Jason Marriott

Conor Finucane

Don Mussenden

Tel: (604) 684 7117

19,212 sq ft building Development/redevelopment opportunity MC-1 zoning $2,790,000

www.dtzvancouver.com


OFFICE FOR LEASE

OFFICE/SCHOOL SPACE FOR LEASE

326 West Cordova Street, Vancouver

525 Dunsmuir Street, Vancouver

OFFICE FOR LEASE

750 Hamilton Street, Vancouver

3,000–6,000 sq ft Full floor opportunity Funky brick and beam space • High ceilings $13.90 per sq ft gross

4,937 sq ft on the 2nd floor Great exposure • Signage opportunity Streetfront entrance • Handicap access Close to transit & Waterfront station

3,300 sq ft of second floor office space CBC/Radio-Canada Broadcast Centre Underground parking available Central Downtown Vancouver location

Don Mussenden, Conor Finucane

James Bayley, Tom Bakker, Meghan Kennedy

Howard Malchy, Conor Finucane

OFFICE FOR LEASE

OFFICE FOR LEASE

OFFICE FOR LEASE

1055 Seymour Street, Vancouver

1077 Richards Street, Vancouver 3,000 sq ft second floor space Concrete block building Yaletown location

4 units available at 1,180–2,332 sq ft Located in the heart of Downtown Excellent exposure to high traffic area Ample shared commercial parking spaces

Don Mussenden, Conor Finucane

James Bayley, Tom Bakker, Meghan Kennedy

Howard Malchy

OFFICE FOR LEASE

OFFICE FOR LEASE

OFFICE FOR LEASE

440 West Hastings Street, Vancouver

1032 Hamilton Street, Vancouver

1008 Homer Street, Vancouver

Don Mussenden, Conor Finucane

James Bayley, Meghan Kennedy

James Bayley, Tom Bakker, Meghan Kennedy

3,089 sq ft on full second floor Character space • Storage available High ceilings • Skylights • New carpet and paint Reduced rate

798–2,251 sq ft office High ceilings Character loft space Affordable upgraded space

Units from 964–1,986 sq ft Trendy Yaletown location Brick and beam architecture Close to transit

Office

825 Homer Street, Vancouver

High exposure Yaletown location 1,700 sq ft office available Brick and beam character space

Tel: (604) 684 7117 2


Commercial Properties for Sale and Lease Metro Vancouver April 2011

OFFICE FOR SUBLEASE

1228 - 885 West Georgia Street, Vancouver

OFFICE FOR SALE OR LEASE

OFFICE FOR SUBLEASE

1,331 sq ft Improved space with 3 offices • Kitchenette Copy room • Reception and open area 2 underground parking stalls

1,094 sq ft ground floor office space 3 offices and open area Street exposure and signage on Howe Street 1 secure underground parking stall

1030 Howe Street, Vancouver

1013 - 1030 West Georgia Street, Vancouver

Conor Finucane, Howard Malchy

Conor Finucane

Jason Marriott

OFFICE FOR LEASE

OFFICE STRATA FOR LEASE

OFFICE/STUDIO FOR LEASE

1790 Alberni Street, Vancouver

203 - 837 Hastings Street, Vancouver

1067 Granville Street, Vancouver

Howard Malchy

Conor Finucane

James Bayley, Tom Bakker, Meghan Kennedy

OFFICE FOR LEASE

FLEX OFFICE/WAREHOUSE FOR LEASE

OFFICE/PRODUCTION FOR LEASE

8765 Ash Street, Vancouver

125 East 8th Avenue

550 sq ft and 995 sq ft Second floor office space General open area Corner location

304 West Cordova Street, Vancouver

786 sq ft in the Terminal City Club Garden/courtyard view Open plan • Air-conditioned Walking distance from SkyTrain

1,059 sq ft Fully improved Available immediately Until February 2015

100–672 sq ft Located in the Entertainment District High traffic location

Single offices available Common boardroom Affordable offices

3,300–13,600 sq ft contiguous/6,480 sq ft flex office/warehouse units available Kent Corporate Centre Located at Ash Street & West Kent Avenue

6,000–12,028 sq ft Owner/User property with development potential Heavy power Ample parking

Don Mussenden, Conor Finucane

Rand Thomson

Ryan Saunders, Mitch Ellis

Office

www.dtzvancouver.com 3


OFFICE FOR LEASE

FLEX OFFICE/WAREHOUSE FOR LEASE

OFFICE/LAB FOR LEASE

369 Terminal Avenue, Vancouver

605 West Kent Avenue N., Vancouver 7,100 sq ft for lease Kent Corporate Centre Highly built out offices First Class Campus Setting

625 West Kent Avenue N., Vancouver

Near Canada Line 6,245 sq ft contiguous 5,200 sq ft office/lab unit • 1,100 sq ft office unit Kent Corporate Centre

Howard Malchy, Conor Finucane

Rand Thomson

Rand Thomson

OFFICE FOR LEASE

OFFICE FOR LEASE

WAREHOUSE/OFFICE FOR SALE

7575 Cambie Street, Vancouver

530 West Broadway, Vancouver

10,613 sq ft View office space Underground parking with bike storage Fitness Centre with shower and locker facilities

42 West 8th Avenue, Vancouver

4,768 sq ft Stand alone building near Langara and Oakridge Nicely improved Ample secured and unsecured parking

4,000 sq ft on second floor Broadway & Cambie location Recently renovated • Amazing views Close to the Canada Line

8,531 sq ft three storey freestanding building Owner/user opportunity Views from upper floor 2 dock level loading doors • Ample parking

Stephen Webber

Ryan Saunders

Mitch Ellis, Ryan Saunders

OFFICE FOR LEASE

OFFICE FOR LEASE

OFFICE FOR SALE OR LEASE

1715 Cook Street, Vancouver

3081 Grandview Highway, Vancouver

1585 East Kent Avenue N, Vancouver

3,200 sq ft in prime False Creek corner location Recently renovated High ceiling • Ample window line Private and open offices • Office production space

3,000 sq ft Functional well located inexpensive office space Near SkyTrain • Washrooms • Private offices Excellent signage and exposure • Parking

2,100 sq ft first class uniquely designed office space • HVAC 6 private offices • Open work stations Modern tilt up construction • Grade loading

Ryan Saunders, Mitch Ellis, Neil McAllister

Tony Capolongo

Mitch Ellis, Ryan Saunders

Office

Tel: (604) 684 7117 4


Commercial Properties for Sale and Lease Metro Vancouver April 2011

OFFICE FOR LEASE

OFFICE FOR LEASE

OFFICE/WAREHOUSE INVESTMENT SALE

901 Main Street, Vancouver

200 - 3369 Fraser Street, Vancouver 730 sq ft Air conditioned Excellent parking Near transit

375 Lynn Avenue, North Vancouver

Rare investment opportunity Fully leased single strata unit New riverfront building • Hwy #1 proximity $980,000

James Bayley, Tom Bakker, Meghan Kennedy

Howard Malchy

Rand Thomson

OFFICE FOR LEASE

OFFICE FOR LEASE

FLEX OFFICE/WAREHOUSE FOR LEASE

2000 - 22091 Fraserwood Way, Richmond

3771 Jacombs Road, Richmond 2,000 sq ft Jacombs Business Centre Located in the heart of Crestwood Easily accessible • Amenities nearby

3000 Block Beta Avenue, Burnaby

Imperial Square Business Park 4,100/10,000/16,200/23,400 sq ft units Various dock units available in first class campus setting • Near BCIT

Anthony Lux

Casey Bell, Mark Elworthy

Rand Thomson

FLEX OFFICE SPACE FOR LEASE

OFFICE FOR LEASE

WAREHOUSE/OFFICE/CHURCH FOR LEASE

2nd–5th floors • 1,455 sq ft each floor High exposure corner location High ceilings Office/studio use

6,359 sq ft Reception • Boardroom • 7 private offices Spectacular river views Asking $10.95 per sq ft

3100 & 3200 Block Beta Avenue, Burnaby

1610 Ingleton Avenue, Burnaby

7780 135A Street, Surrey

Imperial Square Business Park 2,500/3,700/4,800/7,200 sq ft available Various units available in first class campus setting • Near BCIT

4,744 sq ft • Multiple private offices/open areas Views of the North Shore • Signage possibility Excellent highway access • Central location Ample underground parking

5,460 sq ft with 1,600 sq ft office King George and 78th location Bunsmaster relocating • 2 grade doors Salvation Army relocating 7,280 sq ft

Rand Thomson

Ryan Saunders, Mitch Ellis

Rand Thomson

Office

www.dtzvancouver.com 5


OFFICE/RETAIL FOR LEASE

303 West Pender Street, Vancouver

6,000–24,000 sq ft available Prominent corner location • Heritage building High ceilings • Mountain and water views

OFFICE/RETAIL FOR LEASE

OFFICE/RETAIL FOR SALE OR LEASE

333 Terminal Avenue, Vancouver

3410 Lougheed Highway, Vancouver

Up to 14,000 sq ft contiguous available 5,341 sq ft retail on main floor Close to SkyTrain, Main Bus Lines, VIA Rail Station, and Airport Shuttle

552–12,016 sq ft office plus retail Lease with option to purchase New strata office development • I-2 zoning Adjacent to Rupert SkyTrain station

Howard Malchy, Conor Finucane

Don Mussenden, Anthony Lux

OFFICE/RETAIL/ASSEMBLY FOR LEASE

OFFICE/PRODUCTION FOR LEASE

OFFICE/PRODUCTION FOR LEASE

877 East Hastings Street, Vancouver

328 West 2nd Avenue, Vancouver 3,550 sq ft on second floor Exposure to West 2nd Open and private offices Parking available

167 West 2nd Avenue, Vancouver

3,078 sq ft 11 private offices and open floor plan Corner location • Window line Next to the Olympic Village • Close to transit

Don Mussenden

Ryan Saunders, Mitch Ellis

Ryan Saunders, Mitch Ellis

OFFICE/PRODUCTION FOR LEASE

OFFICE/RETAIL FOR LEASE

SHOWROOM/WAREHOUSE FOR LEASE

16 East 3rd Avenue, Vancouver

2735 East Hastings Street, Vancouver

1100 Lansdowne Drive, Coquitlam

Mitch Ellis, Ryan Saunders

Don Mussenden

Rand Thomson

James Bayley, Meghan Kennedy, Ryan Saunders, Mitch Ellis

1,200–5,200 sq ft second floor office space Storefront with rear loading Secure underground parking Excellent transit access

3,014 sq ft Private offices and production areas Air conditioned • 10’ ceilings Ample natural light • Large loading area

575–700–1,082 sq ft spaces Parking available • Air Conditioned Public transit access Affordable

Office/Retail

Last unit available – 3,000 sq ft Grade loading at rear Excellent exposure to Barnett Highway $11.00 per sq ft

Tel: (604) 684 7117 6


Commercial Properties for Sale and Lease Metro Vancouver April 2011

OFFICE/RETAIL FOR LEASE

RETAIL FOR LEASE

RETAIL FOR LEASE

5670–5694 12th Avenue, Tsawwassen

1047–1075 Granville Street, Vancouver

1051 Davie Street, Vancouver

Jason Marriott, Neil McAllister

James Bayley, Tom Bakker, Meghan Kennedy

Conor Finucane, Howard Malchy

RETAIL FOR LEASE

RETAIL FOR LEASE

RESTAURANT FOR LEASE

1007 Hamilton Street, Vancouver

726 Richards Street, Vancouver

819 Pacific Street, Vancouver

James Bayley, Tom Bakker, Meghan Kennedy

Neil McAllister, Meghan Kennedy

Don Mussenden

RETAIL FOR SUBLEASE

RETAIL FOR LEASE

1191 Davie Street, Vancouver

1383 Richards Street, Vancouver

905–3,022 sq ft Excellent streetfront exposure Signage opportunities • Easy access Surface parking • Flexible zoning

Approximately 1,900 sq ft High exposure Yaletown location Brick and beam space

1,290 sq ft Just off the NE corner of Davie and Bute High traffic location

Neil McAllister

Approximately 1,000–3,303 sq ft available Located in the Entertainment District High traffic location

2,200 sq ft Main floor retail/mezzanine office with showroom Asking $2,800 per month gross

498 sq ft in Yaletown High traffic location • Great visibility Currently built out as a salon Gated parking • Loading bay

James Bayley, Tom Bakker, Meghan Kennedy

2,751 sq ft High ceilings Skylights Davie and Thurlow area

1,790 sq ft High exposure location Character space • Large skylight Approximately 50 seats

Visit our website at www.dtzvancouver.com to see all our listings in Metro Vancouver

Office/Retail

www.dtzvancouver.com 7


RETAIL STRATA FOR SALE

RETAIL STRATA FOR SALE

RETAIL FOR LEASE

1020 Howe Street, Vancouver

780 Nelson Street, Vancouver

5550 Fraser Street, Vancouver

440 sq ft Facing west on Howe and Nelson One block from Law Courts Investment – leased to long term tenant

830 sq ft One block from Granville and Law Courts Leased to long term tenant

7,787 sq ft Prime exposure location Vast windows • Secured alarm system On-site and off-site parking available

Conor Finucane

Conor Finucane

Clare Stevens

RESTAURANT FOR LEASE

RETAIL FOR LEASE

RETAIL INVESTMENT

3116 West Broadway, Vancouver

2928 Granville Street, Vancouver 3,248 sq ft Prestigious South Granville retail strip High visibility signage Well maintained building

Three ground floor retail units 3,005 sq ft High exposure corner location Fully leased Over 5% return

Scott Primrose

Stephen Webber

Conor Finucane

RETAIL FOR LEASE

RETAIL FOR LEASE

RETAIL FOR SALE OR LEASE

103 -1551 Johnston Street, Vancouver

2333 & 2237 Granville Street, Vancouver

3403 West Broadway, Vancouver

Howard Malchy, Conor Finucane

Stephen Webber

Neil McAllister, Meghan Kennedy

5,160 sq ft plus 116 sq ft of covered patio Fully equipped restaurant • Multiple levels Open kitchen facility on the main floor and one in the back • Two bar areas

1,737 sq ft Granville Island Located at the Creek House

750–1,500 sq ft Prestigious South Granville retail strip High visibility signage Parking available

Retail

1779–1799 Kingsway, Vancouver

1,396 sq ft NW corner of West Broadway and Waterloo Streets in Kitsilano Corner unit with patio opportunity

Tel: (604) 684 7117 8


Commercial Properties for Sale and Lease Metro Vancouver April 2011

RETAIL FOR LEASE

RETAIL STRATA FOR SALE OR LEASE

RETAIL FOR SUBLEASE

4800 Main Street, Vancouver

5854 Fraser Street, Vancouver

2103 West Broadway, Vancouver

Don Mussenden

Conor Finucane

Neil McAllister

RETAIL FOR LEASE

RETAIL STRATA FOR SALE OR LEASE

RETAIL STRATA FOR SALE

4213 Main Street, Vancouver

2007 East Hastings Street, Vancouver

902 Commercial Drive, Vancouver

Neil McAllister, Meghan Kennedy

Conor Finucane

Conor Finucane

RETAIL FOR SUBLEASE

RETAIL FOR LEASE

RETAIL FOR LEASE

1524 Lonsdale Avenue, North Vancouver

100 East Esplanade, North Vancouver 745 sq ft In new pier development Lonsdale Quay location Never occupied

4551 No. 3 Road, Richmond

7,500 sq ft Open area with retail lighting 24’ ceilings Across from Great Canadian Superstore

Howard Malchy, Conor Finucane

Conor Finucane

Scott Primrose

600–1,375 sq ft High visibility • Corner unit Grade level and underground parking Architecturally upgraded facility

877 sq ft Trendy neighbourhood High pedestrian and vehicular traffic location C-2 zoning: wide variety of commercial retail uses

1,900 sq ft Located in the popular retail district of North Vancouver

1,248 sq ft Kitchenette • Washrooms Tables and chairs can be included Near public transit

839 sq ft High exposure • Newly completed building Separate storage • 1 parking stall $356 per sq ft

1,000 sq ft Former Church’s Chicken NW corner of Broadway and Arbutus Quick service restaurant ready

Approximately 1,900 sq ft Corner property Newer development Leased to Money Mart

Retail

www.dtzvancouver.com 9


NEW RETAIL OPPORTUNITY

RETAIL FOR SUBLEASE

SHOWROOM/WAREHOUSE SUBLEASE

4702 Hastings Street, Burnaby

2287 West Broadway, Vancouver

36 East 5th Avenue, Vancouver

South East Corner of Hastings & Beta Avenue Brand new, high profile retail opportunity Units starting from 477–6,270 sq ft Ample parking

3,980 sq ft High pedestrian and vehicular traffic location C-2 zoning

4,361 sq ft • Fastenal Expanding Sublease prime Main & Cambie location to September 2012 Grade loading

Tony Capolongo

Howard Malchy, Stephen Webber

Rand Thomson

DEVELOPMENT SITE FOR SALE

DEVELOPMENT SITE FOR SALE

COMMERCIAL LAND FOR SALE

30,248 sq ft corner property Large development property with substantial holding income Minutes from downtown

2.32 acres mixed use residential/commercial development site in the Fleetwood neighbourhood Fully leased with holding income in place

16144 84th Avenue, Surrey

25579 Dewdney Trunk Road, Maple Ridge

Stephen Webber

Tony Capolongo, Stephen Webber

Chris McIntyre

OFFICE FOR LEASE

OFFICE FOR LEASE

OFFICE FOR SUBLEASE

300 - 10851 Shellbridge Way, Richmond

0.84 acre corner site • 2,700 sq ft building Zoned CS-1 (Service Commercial) BC Assessment $499,000 Asking $488,000.00

SU BL EA SE D

LE AS ED

LE AS ED

44 West 4th Avenue, Vancouver

530 - 510 Burrard Street, Vancouver

710 - 505 Burrard Street

Airport Excutive Park New LEED Gold office building (AEP6) Tenant: Apple Canada Inc. Landlord: Sunlife Assurance Company of Canada

4,012 sq ft “A” class office space Tenant: Richfield Ventures Corp. Landlord: The Manufacturer’s Life Insurance Co.

3,469 sq ft • Below market sublease in the preeminent Bentall Centre Sub-Tenant: EuroPacific Capital Sub-Landlord: Plenary Group

Jason Marriott

Jason Marriott

Jason Marriott

Development/Done Deals

Tel: (604) 684 7117 10


Commercial Properties for Sale and Lease Metro Vancouver April 2011

OFFICE FOR LEASE

LE AS ED

OFFICE FOR LEASE

LE AS ED

LE AS ED

OFFICE/RETAIL FOR LEASE

2811–2845 Grandview Highway, Vancouver

1650 Alberni Street, Vancouver

520 - 88 East Pender Street, Vancouver

Chris McIntyre

Steve Schweigert

Ryan Saunders, Mitch Ellis

AUTOMOBILE SHOWROOM FOR LEASE

RETAIL STRATA SALE

RETAIL FOR LEASE

1,538 sq ft Mix private and open areas Fully air conditioned • Private patio Ample natural light • View property

LE AS ED

3,340 sq ft Improved, view office space Full second floor

SO LD

LE AS ED

9375 sq ft Newly renovated High traffic area Steps from SkyTrain station

1606 West 3rd Avenue, Vancouver

2003 East Hastings Street, Vancouver

1296 Station Street, Vancouver

Howard Malchy

Conor Finucane

Howard Malchy, Conor Finucane

OFFICE FOR LEASE

RETAIL FOR LEASE

MIXED USE DEVELOPMENT SITE

314 West Cordova Street, Vancouver

1,277 sq ft High exposure Newly completed building Separate storage

10,469 sq ft Freestanding building Leased to The Party Bazaar

SO LD

LE AS ED

LE AS ED

6,000 sq ft Two 11.5’ high garage doors • Drainage Column free • Large display windows Mezzanine level ideal for conversion to offices

Leased approximately 10,000 sq ft in the last year 9 leases

398 West Broadway, Vancouver

5,828 sq ft 10 year lease Leased to Your Dollar Store with More Opening soon

5250–5312 Grimmer Street, Burnaby

Don Mussenden, Conor Finucane

Howard Malchy

Chris McIntyre, James Bayley

Three lots assembled 1.21 acres total Retail/residential development site

Done Deals

www.dtzvancouver.com 11


Commercial Properties for Sale and Lease Metro Vancouver April 2011

Visit www.dtzvancouver.com to see all our listings in Metro Vancouver. Stay up to date with our MARKET REPORTS by subscribing to our e-mail newsletters. Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke Vancouver Limited, Real Estate Brokerage 04/2011.

DTZ Barnicke Vancouver Limited 800 – 475 West Georgia Street Vancouver, BC, Canada, V6B 4M9 Tel: (604) 684 7117 Fax: (604) 684 1017 www.dtzvancouver.com

Tom Bakker James Bayley Tony Capolongo Mitch Ellis Conor Finucane

Meghan Kennedy Howard Malchy Jason Marriott Neil McAllister Chris McIntyre

Don Mussenden Scott Primrose Ryan Saunders Steve Schweigert Clare Stevens

VANCOUVER • Victoria • Nanaimo • Kelowna • Toronto • Calgary • Edmonton • Winnipeg • Montreal •

Rand Thomson Stephen Webber

• Burlington • Halifax • Kingston • London • Markham • Niagara •www.dtzvancouver.com Ottawa • Regina • Waterloo Tel: (604Mississauga ) 684 7117 DTZ’s extensive global reach consists of over 12,500 people across 150 cities in 45 countries


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