1177 WEST HASTINGS STREET VANCOUVER, BC
1177
West Hastings Street Vancouver, bc
RETAIL LEASING OPPORTUNITY Adjacent to downtown Vancouver’s Coal Harbour neighbourhood Matthew Craig Corporate Real Estate Advisor D 604.647.5076 E [email protected]
Andrea Gvozdanovich Retail Associate D 604.647.5086 E [email protected]
1177
West Hastings Street Vancouver, bc
OPPORTUNITY Exceptional opportunity to occupy up to 14,000 sf of ground-floor retail space in Downtown Vancouver’s Central Business District.
PROPERTY • New storefronts, glass awnings and entrances • Opportunity to use large patios facing north • Potential for connecting stairway between both units
STR
EE T
WEST CORDOVA STREET
BU
This opportunity is located below 27 stories, or 265,060 sf, of class “A” office space at 1177 West Hastings Street. The property is sited between Thurlow and Bute Streets, has north frontage along West Cordova Street, and south frontage along West Hastings Street. Ideally situated between Downtown Vancouver’s Central Business District (CBD) and the prestigious Coal Harbour, this central location is steps to Harbour Green Park, Vancouver’s Trade and Convention Centre and an abundance of hotels and restaurants. Public transit is easily accessible via Burrard SkyTrain station and numerous local and interurban bus routes in the immediate vicinity.
TE
LOCATION
DOWNTOWN VANCOUVER The downtown area is bounded by Burrard Inlet to the north, False Creek to the south, Stanley Park and the West End to the west, and the Downtown Eastside to the east. Surrounded by water on three sides, Downtown Vancouver serves as a unique and attractive destination for commuters, tourists and residents alike. Four major bridges connect Metro Vancouver to the downtown core. The Lions Gate bridge connects downtown to North Shore municipalities and the Trans Canada Highway, while the Burrard Street, Cambie Street and Granville Street bridges provide access to commercial and residential areas south of False Creek. In addition to the office towers that help raise the employee population to over 163,000 per weekday, Downtown Vancouver includes residential neighbourhoods in the form of high-rise apartments and condominiums in Yaletown and Coal Harbour. Other neighbourhoods in the Central Business District (CBD) include the Granville Mall and Entertainment District, Downtown South, Gastown, and Chinatown. Estimated 2010 Demographics Population Daytime Population Average Income Household Expenditures
1 km 39,887 145,907 $66,561 $65,203
3 km 149,677 305,206 $67,571 $65,999
10-minute drive time 253,346 408,970 $69,591 $63,529
WEST HASTINGS STREET
WEST HASTINGS STREET • Up to 6,045 sf of retail space • Large windows and 21-foot ceilings • Large deck to the north of the unit
WEST CORDOVA STREET
Availability Immediate
BU
TE
STR
EE T
Operating Costs & Taxes $14.64 psf (2010 budget) PARKING, ELEVATORS & LOADING • Over 600 underground stalls with monthly and hourly parking available • Street parking on Cordova and West Hastings Streets WEST HASTINGS STREET
CORDOVA STREET • Approximately 10,000 sf directly below West Hastings premises
• Office lobby elevator provides direct access to the parking garage • Four, 11-foot dock loading bays
• Suites can be demised and leased separately • Opportunity to design and have the premises built-to-suit
AN
VI
LL
E
ST
.
1177 West Hastings Street
GR
• Upgraded and extended grand entrance with Cordova Street frontage
Matthew Craig Corporate Real Estate Advisor D 604.647.5076 E [email protected] Andrea Gvozdanovich Retail Associate D 604.647.5086 E [email protected]
Suite 2100, 1055 West Georgia Street PO Box 11109 Royal Centre, Vancouver, BC, Canada V6E 3P3 P 604.687.7331 W avisonyoung.com E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (B.C.) Inc. — 2010
West Hastings Street Vancouver, bc
RETAIL LEASING OPPORTUNITY Adjacent to downtown Vancouver’s Coal Harbour neighbourhood Matthew Craig Corporate Real Estate Advisor D 604.647.5076 E [email protected]
Andrea Gvozdanovich Retail Associate D 604.647.5086 E [email protected]
1177
West Hastings Street Vancouver, bc
OPPORTUNITY Exceptional opportunity to occupy up to 14,000 sf of ground-floor retail space in Downtown Vancouver’s Central Business District.
PROPERTY • New storefronts, glass awnings and entrances • Opportunity to use large patios facing north • Potential for connecting stairway between both units
STR
EE T
WEST CORDOVA STREET
BU
This opportunity is located below 27 stories, or 265,060 sf, of class “A” office space at 1177 West Hastings Street. The property is sited between Thurlow and Bute Streets, has north frontage along West Cordova Street, and south frontage along West Hastings Street. Ideally situated between Downtown Vancouver’s Central Business District (CBD) and the prestigious Coal Harbour, this central location is steps to Harbour Green Park, Vancouver’s Trade and Convention Centre and an abundance of hotels and restaurants. Public transit is easily accessible via Burrard SkyTrain station and numerous local and interurban bus routes in the immediate vicinity.
TE
LOCATION
DOWNTOWN VANCOUVER The downtown area is bounded by Burrard Inlet to the north, False Creek to the south, Stanley Park and the West End to the west, and the Downtown Eastside to the east. Surrounded by water on three sides, Downtown Vancouver serves as a unique and attractive destination for commuters, tourists and residents alike. Four major bridges connect Metro Vancouver to the downtown core. The Lions Gate bridge connects downtown to North Shore municipalities and the Trans Canada Highway, while the Burrard Street, Cambie Street and Granville Street bridges provide access to commercial and residential areas south of False Creek. In addition to the office towers that help raise the employee population to over 163,000 per weekday, Downtown Vancouver includes residential neighbourhoods in the form of high-rise apartments and condominiums in Yaletown and Coal Harbour. Other neighbourhoods in the Central Business District (CBD) include the Granville Mall and Entertainment District, Downtown South, Gastown, and Chinatown. Estimated 2010 Demographics Population Daytime Population Average Income Household Expenditures
1 km 39,887 145,907 $66,561 $65,203
3 km 149,677 305,206 $67,571 $65,999
10-minute drive time 253,346 408,970 $69,591 $63,529
WEST HASTINGS STREET
WEST HASTINGS STREET • Up to 6,045 sf of retail space • Large windows and 21-foot ceilings • Large deck to the north of the unit
WEST CORDOVA STREET
Availability Immediate
BU
TE
STR
EE T
Operating Costs & Taxes $14.64 psf (2010 budget) PARKING, ELEVATORS & LOADING • Over 600 underground stalls with monthly and hourly parking available • Street parking on Cordova and West Hastings Streets WEST HASTINGS STREET
CORDOVA STREET • Approximately 10,000 sf directly below West Hastings premises
• Office lobby elevator provides direct access to the parking garage • Four, 11-foot dock loading bays
• Suites can be demised and leased separately • Opportunity to design and have the premises built-to-suit
AN
VI
LL
E
ST
.
1177 West Hastings Street
GR
• Upgraded and extended grand entrance with Cordova Street frontage
Matthew Craig Corporate Real Estate Advisor D 604.647.5076 E [email protected] Andrea Gvozdanovich Retail Associate D 604.647.5086 E [email protected]
Suite 2100, 1055 West Georgia Street PO Box 11109 Royal Centre, Vancouver, BC, Canada V6E 3P3 P 604.687.7331 W avisonyoung.com E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (B.C.) Inc. — 2010
