for lease 108 - 4501 north rd. burnaby, bc

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FOR LEASE 108 - 4501 NORTH RD. BURNABY, BC

THE OPPORTUNITY This is an exciting opportunity for retail tenants to occupy a key high traffic unit in North Road, Korea Town neighborhood. LOCATION The Property is located in the center of Metro Vancouver Region, along one of oldest named roads in B.C. The property benefits from an ever growing number of Korean businesses in the area. Positioned between Trans Canada Highway 1 and Lougheed Highway the property is:       

20 minutes to Downtown Vancouver 25 minutes to Vancouver International Airport 12 minutes to Coquitlam Center 7 minutes to Surrey Korean shopping district 15 minutes to Langley Korean shopping district Walking distance to SkyTrain Public Transit system and a major bus hub. Nearly 350 Korean businesses are in the area.

Without doubt, this location this is one of the most desired areas for Korean Business Owners. Consequently, the area is identified as “The Korea Town” for Vancouver. There are three small enclaves of Korean Shopping Areas in Metro Vancouver, however, they are much smaller than Vancouver Korea Town in terms of traffic and number of businesses. Vancouver Korea Town acts as the economic and cultural center for nearly 100,000 Koreans in Western Canada.

Vancouver Downtown

KOREA TOWN Coquitlam Center Korean Shopping Area

Surrey Korean Shopping Area Vancouver International Airport

Langley Korean Shopping Area

2|P age Eric Park Tel: 604.721.0777 http://www.ericpark.ca

AVAILABILITY Unit Actual Space 1st Floor 3,434 SF The subject unit is ready for occupation. *Property Tax, Strata Fee and utilities are not included.

Leasable Area 3,434 SF

Base Rent* $35 / SF

DESCRIPTION & SITE PLAN Address: Type of Property: Lot Size: Zoning: Unit Size: Unit Location: Ceiling Height:

#108 – 4501 North Road Commercial retail strata unit Common Property C1/C2/M5. 3,434 SF Between Hannam Supermarket and Christian Book Store 12 ft (Max. 17 ft)

PROPERTY FEATURES/HIGHLIGHTS   

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[North Road Center] is the center of Korea Town, home of 116 strata units. Anchored by Hannam Supermarket All-in-one shopping mall: o Grocery, bakery, restaurants, Korea Exchange Bank, insurance, clothing, travel agencies, hair salons, accountants, notary public, optometrist and various retail stores. Extended Office, Korean Society of British Columbia Extended Office, Korean Senior Society of British Columbia Rendezvous point for Korean Tour buses to Victoria, Whistler and Rocky Mountains. The shopping area is anchored by 2 Korean Supermarkets: Hannam Supermarket and H-Mart Host property for various Korean Festivals and Local Events o Co-Operation with BIA and the City of Burnaby o Events: http://burnabynorthroadbia.ca/community-events/ o Lunar Festival, Spring Event, Summer Event, Thanksgivings, Winterfest and K-POP events. 3|P age Eric Park Tel: 604.721.0777 http://www.ericpark.ca

NORTH ROAD CORRIDOR – All Major Financial Institutions Represented. As one of the busiest traffic areas in Metro Vancouver, the area is home for 11 financial branches & numerous insurance offices, an incredible density, all within 1.5km of the subject property. Royal Bank – North Road Scotia Bank – North Road HSBC – North Road CIBC – Lougheed Mall BMO – Lougheed Mall TD Canada Trust Korea Town – North Road

TD Canada Trust North Gate – North Road Vancity Credit Union – North Road AVC Credit Union – Cameron Street Korea Exchange Bank – North Road Sharon’s Credit Union – North Road

4|P age Eric Park Tel: 604.721.0777 http://www.ericpark.ca

Premier Destination for Koreans, Chinese and Locals Vancouver Korea Town attracts high number of Koreans and Chinese customers, as well as locals who shop in the area.

For more information on the opportunity, please contact:

Eric Park NU Stream Realty Inc. Cell 604 721 0777 Email [email protected]

5|P age Eric Park Tel: 604.721.0777 http://www.ericpark.ca