east broadway vancouver, bc
Partnership. Performance.
FOR SALE Opportunity to acquire a prime corner strata retail unit located along the Broadway Corridor.
Rob Greer*, Principal 604.647.5084 [email protected] * Robert Greer Personal Real Estate Corporation
Daniel Lee*, Principal 604.757.5102 [email protected] * Daniel J. Lee Personal Real Estate Corporation
98
EAST BROADWAY VANCOUVER, BC
98
EAST BROADWAY VANCOUVER, BC
Executive Summary Municipal Address
98 East Broadway, Vancouver, BC
PID
028-609-778
Legal Description
PL BCS4127 LT 52 DL 302 LD 36
Site Size
1,327 sf
Zoning
Tenant Overview Subway is a fully franchisee operated quick service restaurant chain founded in 1965 and based out of the U.S. The unit for sale is currently under a 10-year lease with Subway Franchise Systems of Canada, Ltd., with 3 years remaining and two 5-year options to renew at market rent.
Property Features Desirable location in the heart of Mount Pleasant located along the Broadway Corridor
C-3A Commercial District
Year Built 2011
Current Use
48 residential units above (OnQue by Rize Alliance) Easily accessible by public transportation, located along a major bus route
Retail (Subway)
NOI
$61,519.68
Street parking available Unit comes with one underground parking stall
Gross Property Taxes (2017)
$11,824.21
Asking Price
$1,525,000
High ceilings & abundant natural light 10 -15-minute drive to Downtown Vancouver
MA R
INE
DR
MARINE DR 3S
TW
KEITH RD E
5km
3 ST E
Mount Pleasant Overview GI
3km A
440,549
Total Households
14,686
110,698
212,688
Average Houseold Income
$88,766
$93,129
$94,535
Daytime Population
34,971
333,881
552,958
E BROADWAY
NG
W 41 AVE
W 49 AVE
BOUNDARY RD
212,209
KI
RUPERT ST
5km
25,347
1km SW AY W KING EDWARD AVE
W 16 AVE
2017 Population
E HASTINGS ST
ST
KNIGHT ST
MA
R 1 km INE D 3km R
OR
NANAIMO ST
SW
GE
W 4 AVE W BROADWAY
GRANVILLE ST
Radius Distance from 98 E Broadway
W
CLARK DR
Mount Pleasant is a vibrant and energetic community which attracts first-time homebuyers, urban professionals, and new families. The region houses a number of independent shops, restaurants and the ever prevalent microbrewery district. Mount Pleasant runs from False Creek southeast and up the slope toward the busy Mount Pleasant shopping district, where Broadway, Kingsway, and Main Street intersect.
IMPE
SE
MA
RIN
ED
R
MARINE
BRIDGEPORT RD
ALDERBRIDGE WAY
97
HWY Walk Score:WESTMINSTER 97
“Walker’s Paradise” Daily errands do not require a car
BLUNDELL RD NO 6 RD
NO 4 RD
NO 3 RD
NO 2 RD
NO 1 RD
TRANSIT Score: 90
STEVESTON HWY
90 87
“Rider’s Paradise” World-class public transportation
BIKE Score: 87
“Very Bikable” Steep hills, excellent bikeLADNER lanes TRUNK RD
R
ARTHUR D
Downtown Vancouver
W 2N D
EAST
B R OA
Olympic Village AVENUE
1 DWAY
15 14
Subject Property
4
2 16 12
11
3
8
TREE T
7
13 5
MAIN S
6
9
KI
10 17
NG
SW AY
18
Nearby Amenities & New Construction 1.
33 Acres Brewing Company
6.
Indochine Kitchen + Bar
11. Nice Café
16. Eight ½ Restaurant Lounge
2.
Fox Cabaret
7.
Chicha
12. Congee Noodle House
17. Bean Around the World
3.
Fable Diner
8.
Rosemary Rocksalt
13. Gene Coffee Bar
4.
Main Street Brewing Co
9.
Kafka’s Coffee and Tea
14. Seven Dining Lounge
18. The Independent (Under Construction)
5.
The Wallflower
10. Caffee Barney
15. 7 Eleven
Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada
avisonyoung.com
Rob Greer*, Principal 604.647.5084 [email protected] * Robert Greer Personal Real Estate Corporation
Daniel Lee*, Principal 604.757.5102 [email protected] * Daniel J. Lee Personal Real Estate Corporation
© 2017 Avison Young. 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 (B.C.) Inc.; DBA, Avison Young.
FOR SALE Opportunity to acquire a prime corner strata retail unit located along the Broadway Corridor.
Rob Greer*, Principal 604.647.5084 [email protected] * Robert Greer Personal Real Estate Corporation
Daniel Lee*, Principal 604.757.5102 [email protected] * Daniel J. Lee Personal Real Estate Corporation
98
EAST BROADWAY VANCOUVER, BC
98
EAST BROADWAY VANCOUVER, BC
Executive Summary Municipal Address
98 East Broadway, Vancouver, BC
PID
028-609-778
Legal Description
PL BCS4127 LT 52 DL 302 LD 36
Site Size
1,327 sf
Zoning
Tenant Overview Subway is a fully franchisee operated quick service restaurant chain founded in 1965 and based out of the U.S. The unit for sale is currently under a 10-year lease with Subway Franchise Systems of Canada, Ltd., with 3 years remaining and two 5-year options to renew at market rent.
Property Features Desirable location in the heart of Mount Pleasant located along the Broadway Corridor
C-3A Commercial District
Year Built 2011
Current Use
48 residential units above (OnQue by Rize Alliance) Easily accessible by public transportation, located along a major bus route
Retail (Subway)
NOI
$61,519.68
Street parking available Unit comes with one underground parking stall
Gross Property Taxes (2017)
$11,824.21
Asking Price
$1,525,000
High ceilings & abundant natural light 10 -15-minute drive to Downtown Vancouver
MA R
INE
DR
MARINE DR 3S
TW
KEITH RD E
5km
3 ST E
Mount Pleasant Overview GI
3km A
440,549
Total Households
14,686
110,698
212,688
Average Houseold Income
$88,766
$93,129
$94,535
Daytime Population
34,971
333,881
552,958
E BROADWAY
NG
W 41 AVE
W 49 AVE
BOUNDARY RD
212,209
KI
RUPERT ST
5km
25,347
1km SW AY W KING EDWARD AVE
W 16 AVE
2017 Population
E HASTINGS ST
ST
KNIGHT ST
MA
R 1 km INE D 3km R
OR
NANAIMO ST
SW
GE
W 4 AVE W BROADWAY
GRANVILLE ST
Radius Distance from 98 E Broadway
W
CLARK DR
Mount Pleasant is a vibrant and energetic community which attracts first-time homebuyers, urban professionals, and new families. The region houses a number of independent shops, restaurants and the ever prevalent microbrewery district. Mount Pleasant runs from False Creek southeast and up the slope toward the busy Mount Pleasant shopping district, where Broadway, Kingsway, and Main Street intersect.
IMPE
SE
MA
RIN
ED
R
MARINE
BRIDGEPORT RD
ALDERBRIDGE WAY
97
HWY Walk Score:WESTMINSTER 97
“Walker’s Paradise” Daily errands do not require a car
BLUNDELL RD NO 6 RD
NO 4 RD
NO 3 RD
NO 2 RD
NO 1 RD
TRANSIT Score: 90
STEVESTON HWY
90 87
“Rider’s Paradise” World-class public transportation
BIKE Score: 87
“Very Bikable” Steep hills, excellent bikeLADNER lanes TRUNK RD
R
ARTHUR D
Downtown Vancouver
W 2N D
EAST
B R OA
Olympic Village AVENUE
1 DWAY
15 14
Subject Property
4
2 16 12
11
3
8
TREE T
7
13 5
MAIN S
6
9
KI
10 17
NG
SW AY
18
Nearby Amenities & New Construction 1.
33 Acres Brewing Company
6.
Indochine Kitchen + Bar
11. Nice Café
16. Eight ½ Restaurant Lounge
2.
Fox Cabaret
7.
Chicha
12. Congee Noodle House
17. Bean Around the World
3.
Fable Diner
8.
Rosemary Rocksalt
13. Gene Coffee Bar
4.
Main Street Brewing Co
9.
Kafka’s Coffee and Tea
14. Seven Dining Lounge
18. The Independent (Under Construction)
5.
The Wallflower
10. Caffee Barney
15. 7 Eleven
Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada
avisonyoung.com
Rob Greer*, Principal 604.647.5084 [email protected] * Robert Greer Personal Real Estate Corporation
Daniel Lee*, Principal 604.757.5102 [email protected] * Daniel J. Lee Personal Real Estate Corporation
© 2017 Avison Young. 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 (B.C.) Inc.; DBA, Avison Young.
