west 1st street NOrTh VaNcOuVer, Bc

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Partnership. Performance.

Subject Property

Opportunity To lease affordable office space in the heart of Lower Lonsdale.

Matt Thomas, Vice-President 604.646.8383 [email protected]

106

west 1st street North vancouver, BC

106

West 1st street north vancouver, BC Location

Property Details

Situated on the highly exposed corner of Lonsdale Avenue and West 1st Street, in vibrant Lower Lonsdale. The property is directly adjacent to Wallace & McDowell, a new mixed-use development, as well as being in close proximity to new developments, including Site 8 by Polygon, and the redevelopment of Lonsdale Quay.

Available Area* Unit 203

1,620 sf

Unit 401

1,352 sf

Unit 402

1,362 sf

Unit 403

1,739 sf

Demographics

* All measurements to be confirmed by the landlord.

Estimates and projections

Available

Immediately

Lease Rate (net) $15.00 psf

Operating Costs & Taxes $7.90 psf (2015 estimate)

1 km

3 km

5 km

2013 population

14,303

64,838

229,036

2016 population

14,924

66,803

234,528

2013 daytime population

15,345

69,763

366,720

Population change (2011–2013)

2.80%

2.50%

3.10%

Population change (2013–2016)

4.30%

3.00%

2.40%

2013 avg. household income

$63,520

$87,750

$81,215

2016 avg. household income

$68,825

$98,235

$90,635

Dominant age group

25 to 34 years

Median age

14

Subject Property 1

1

2

1

6

2

12

3

4

3

6

11

4 10 9 8

8 Site 8 (Polygon)

Lonsdale Quay

Surrounding Retailers

5

13

2 3

4

39.7

9

5

7

Waterfront Development

7

6 7 8 9 10

5 SeaBus Terminal

11 12 13 14

Source: Google

15

TD Canada Marketplace IGA Shoppers Drug Mart BC Liquor Store Seabus Terminal Lonsdale Quay Tap & Barrel Gusto Di Quattro Burgoo Bistro The District Fishworks Waves Coffee Browns Social House (opening 2016) Crocodile Baby Starbucks

New Development 1

West Quay

2

Capstone

3

Bella Doni

4

The Versatile

5

The Anchor

6

Wallace & McDowell

7

Waterfront Development

8

Site 8 - Future Development

9

Presentation House

Floor Plans

885 sf

UNIT 101

UNIT 203

LEASED UNIT 204

LEASED UNIT 108

UNIT 202

UNIT 201

FIRST FLOOR

SECOND FLOOR

UNIT 305

LEASED UNIT 307

LEASED

LEASED

UNIT 303-306

UNIT 308

UNIT 401

UNIT 403

LEASED UNIT 309 UNIT 402

LEASED UNIT 302

THIRD FLOOR

LEASED UNIT 301

FOURTH FLOOR

Aerial image courtesy of Google, DigitalGlobe

Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada avisonyoung.com

© 2017 Avison Young. All rights reserved.

Matt Thomas, Vice-President 604.646.8383 [email protected]

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.; DBA, Avison Young.