CYPRESS BUSINESS CENTRE

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Partnership. Performance.

– f s s re 71 s g o pr to 7,2 n i es 14 sf d a r 4 g p U from ts i n U

for LEASE Light industrial and office units located in recently upgraded, centrally located business complex.

Ian Whitchelo, Vice President 604.647.5095 [email protected] Terry Thies*, Principal 604.646.8398 [email protected] * Personal Real Estate Corporation

Dan Smith, Associate 604.646.8397 [email protected]

cypress business centre

1801-1861 welch street north vancouver, BC

cypress business centre Property Summary Property Features -- Two flex light industrial buildings with a variety of unit types and sizes -- Concrete block design -- Central North Shore location – quick access to Trans-Canada Hwy and downtown Vancouver

1801-1861 welch street north vancouver, BC Location 1801 & 1861 Welch Street are located just off the Lions Gate Bridge in North Vancouver between Lower Capilano Road and Pemberton Avenue, directly south of the Norgate neighbourhood. This property enjoys rapid transfer along the low roads of North Vancouver with quick access to Marine Drive, Harbourside Business Park, Fell Avenue and downtown Vancouver via the First Narrows (Lions Gate) Bridge.

Available Units 1801 Welch Street – Total Building Size 22,623 sf

-- Dock and grade loading (1801 Welch) and grade loading (1861 Welch)

Suite

Size sf

Type

-- Recently renovated including new roof

125 Garden Avenue

1,020 sf

Ground floor showroom / office

-- 18 foot ceilings in warehouse

1803 Welch Street

4,832 sf

Ground floor showroom / light industrial

1807 Welch Street

4,712 sf

Ground floor light industrial

Unit 202

919 sf

2nd floor office

Unit 205

677 sf

2nd floor office

Unit 207

414 sf

LEASED

Unit 208

637 sf

2nd floor office

-- Excellent street exposure and access -- Ample surface parking – 124 parking stalls for complex -- Flexible CD-13 Zoning (based off of the I-3 zone) -- Major renovations and upgrades in progress

Lease Rates

1861 Welch Street – Total Building Size 26,616 sf Suite

Size sf

Type

1863-1865 Welch Street

1,784 sf

LEASED

1867 Welch Street

951 sf

LEASED

1871 Welch Street

1,081 sf

Ground floor light industrial

Unit 101

1,354 sf

LEASED

Units 102-103

1,801 sf

2nd floor office

Available

Unit 104*

1,057 sf

2nd floor office

Immediately

Unit 107*

3,059 sf

2nd floor office

Unit 110

954 sf

2nd floor office

Unit 112

2,033 sf

2nd floor office

Light Industrial Flex Units: $12.00-$14.00 psf Office Units: $14.00 psf

Operating Costs & Taxes (estimate) $8.00 psf (2013) for ground floor units $9.00 psf (2013) for 2nd floor office units

* Units 102 – 107 can be combined for 5,917 sf

Floor Plan - 1861 Welch Street, 2nd Floor Office Units Available

Tenanted

Taylor Way

Trans Canada Highway

West 1st Street

1861

Capilano Mall

Harbourside Business Park

1801

Downtown Vancouver

Partnership. Performance. Avison Young Commercial Real Estate Inc. #2100-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada Ian Whitchelo, Vice President 604.647.5095 [email protected] Terry Thies*, Principal 604.646.8398 [email protected] * Personal Real Estate Corporation

Dan Smith, Associate 604.646.8397 [email protected]

avisonyoung.com

© 2013 Avison Young (Canada) Inc. All rights reserved. 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 (BC) Inc.

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Park Royal Mall