for sale prime location âaâ class office strata units
for sale PRIME LOCATION “a” class office strata units 101 - 149 LONSDALE AVENUE, NORTH VANCOUVER, BRITISH COLUMBIA
THE OFFERING: • Three floors of “A” class office space in the new Wallace & McDowell mixed use development. • Prime location, mixing heritage and modern design, south facing with ample sunlight and breath-taking water views. • Wallace & McDowell will be a signature building in the transforming community of Lower Lonsdale. • With the central waterfront strategy and numerous new residential and commercial developments, Lower Lonsdale is rapidly changing to become the new Yaletown of the North Shore. • Walking distance to numerous restaurants, amenities and public transportation options such as the SeaBus and Lonsdale Quay bus loop. • Views will be protected with heritage buildings located in front of the subject property.
FOR MORE INFORMATION PLEASE CONTACT:
Mehdi Shokri Associate Vice President Investment Properties Group 604 662 5179 [email protected]
WALLACE & MCDOWELL
101 - 149 LONSDALE AVENUE, NORTH VANCOUVER, BRITISH COLUMBIA PROPERTY PROFILE • Wallace & McDowell sits in the heart of Lower Lonsdale, a business core on the North Shore, offering spectacular views of the mountains, the city and the water. • A true architectural masterpiece combining heritage roots and modern design, Wallace & McDowell will be constructed to first class standards.
LOCATION • In close proximity, the Trans-Canada Highway and the Lions Gate Bridge offer easy commute for drivers to virtually any point in Metro Vancouver. Steps away from the SeaBus (a quick 12 minute ride to downtown) and bus loop. • Lower Lonsdale, which features a dynamic mix of heritage buildings and new construction, is one of the best performing retail and office markets in North Vancouver.
DEMOGRAPHICS • North Vancouver has an average household income of $102,826, 40% higher than Metro Vancouver. • Esplanade is home to major tenants such as IGA Marketplace, Shoppers Drug Mart, TD Bank of Canada, Boston Pizza, and the head office of ICBC.
BUSINESS / INVESTMENT OPPORTUNITY • The Federal Government and Coast Guard awarded Seaspan a combined $11.3 Billion 30 year ship building and maintenance contract, providing long-term job stability for at least 4,000-5,000 local workers and boosting the local businesses across all industries. • A beautiful merging of the old and new, and a perfect place to invest in the future.
“A” CLASS OFFICE STRATA UNITS
FLOOR PLAN - FIRST FLOOR*
SUGGESTED PRICING* FLOOR
RAMP DOWN
LANE
D L O
D L O S
planter
planter
FIRST* FLOOR
143.4.' U/C OF CEILING
133.4.' 5th FLOOR
10'-6"
122.9' 4th FLOOR
102
112.4' 3rd FLOOR
101.25' 2nd FLOOR
15'-6"
THIRD* FLOOR
CRU 1 FLOOR LEVEL
PARKADE EXHAUST VENT
N
85.3' awning
103 11'-1 1/2"
101
SECOND* FLOOR
10'-6"
S
10'-0"
ROOF OF EXISTING HERITAGE BUILDING
OFFICE
awning awning
UNIT 101 102 103 201 202 203 301 302 303
sf 1,050 700 542 1,050 775 1,127 1,050 775 1,131
Price $724,500 $437,500 $352,300 $750,750 $484,375 $704,375 $761,250 $484,375 $706,875
PAINTED MURAL WALL
PAINTED MURAL WALL
• Ask about full floor pricing incentives. WEST ELEVATION (LANE)
10'-0"
FLOOR PLAN - SECOND FLOOR*
11'-5"
203
11'-5"
202
12'-3 1/2"
ETCHED METAL PANEL PERMANENT PUBLIC ART
OFFICE
201
10'-6"
10'-6"
LANE
N
SOUTH ELEVATION (1ST STREET) SOUTH ELEVATION (1ST STREET)
FLOOR PLAN - THIRD FLOOR*
143.4.' U/C OF CEILING
U
10'-0"
133.4.' 5th FLOOR
10'-6"
122.9' 4th FLOOR
10'-6"
101.25' 2nd FLOOR
11'-1 1/2"
112.4' 3rd FLOOR
LANE
OF
15'-6"
85.3'
OF
CRU 1 FLOOR LEVEL PARKADE EXHAUST VENT
OFFICE
PAINTED MURAL WALL
O
PAINTED MURAL WALL
WEST ELEVATION (LANE) WEST ELEVATION (LANE)
PARKING & STORAGE
*Not to scale.
10'-0"
143.4' U/S OF CEILING
10'-6"
122.9' 4th FLOOR
10'-6"
ETCHED METAL PANEL PERMANENT PUBLIC ART
133.4' 5th FLOOR
112.4' 3rd FLOOR
12'-3 1/2"
• 45 shared commercial parking stalls. • 12 stalls in commercial bike room with lockers and shower. • Contact Agent for further details regarding parking.
100.14' OFFICE LEVEL 3
11'-5"
303
88.72' OFFICE LEVEL 2
11'-5"
302
N
301
77.3' OFFICE LEVEL 1
for sale PRIME LOCATION “a” class office strata units 101 - 149 LONSDALE AVENUE, NORTH VANCOUVER, BRITISH COLUMBIA RESTAURANTS
1. Sushi Bella 2. Burgoo Bistro 3. Fishworks 4. Pasparos Taverna 5. The District 6. Gusto Di Quattro 7. Lonsdale Quay Market 8. Pier 7
COFFEE
9. Cafe For Contemporary Art 10. Waves 11. Starbucks
ACTIVITIES
16. John Braithwaite Community Centre 17. Empire Esplanade 6 Movie Theatre 18. Derek Inman Tennis Courts 19. Yogapod 20. Bound Lotus Yoga
SHOPPING 21. 22. 23. 24.
Obsession Bikes Crocodile Baby The Mill Fine Foods Highwater Tackle
CONVENIENCE
12. Marketplace IGA 13. Shoppers Drug Mart 14. BC Liquor Store
22
WHY RENT WHEN YOU CAN OWN?
Monthly Payment:
$437,500 $328,125 $109,375 • 75% financing • 3.75% interest rate • 25-year amortization Approx. $1,682
Comparable Net Rental Rate:
$1,633 per month based on $28 psf NNN
Purchase Price (Unit 102): Financing: Client Down Payment:
FOR MORE INFORMATION PLEASE CONTACT:
Mehdi Shokri Associate Vice President Investment Properties Group 604 662 5179 [email protected]
CBRE Limited | 1111 West Georgia Street | Suite 600 | Vancouver, BC V6E 4M3 | www.cbre.ca This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
THE OFFERING: • Three floors of “A” class office space in the new Wallace & McDowell mixed use development. • Prime location, mixing heritage and modern design, south facing with ample sunlight and breath-taking water views. • Wallace & McDowell will be a signature building in the transforming community of Lower Lonsdale. • With the central waterfront strategy and numerous new residential and commercial developments, Lower Lonsdale is rapidly changing to become the new Yaletown of the North Shore. • Walking distance to numerous restaurants, amenities and public transportation options such as the SeaBus and Lonsdale Quay bus loop. • Views will be protected with heritage buildings located in front of the subject property.
FOR MORE INFORMATION PLEASE CONTACT:
Mehdi Shokri Associate Vice President Investment Properties Group 604 662 5179 [email protected]
WALLACE & MCDOWELL
101 - 149 LONSDALE AVENUE, NORTH VANCOUVER, BRITISH COLUMBIA PROPERTY PROFILE • Wallace & McDowell sits in the heart of Lower Lonsdale, a business core on the North Shore, offering spectacular views of the mountains, the city and the water. • A true architectural masterpiece combining heritage roots and modern design, Wallace & McDowell will be constructed to first class standards.
LOCATION • In close proximity, the Trans-Canada Highway and the Lions Gate Bridge offer easy commute for drivers to virtually any point in Metro Vancouver. Steps away from the SeaBus (a quick 12 minute ride to downtown) and bus loop. • Lower Lonsdale, which features a dynamic mix of heritage buildings and new construction, is one of the best performing retail and office markets in North Vancouver.
DEMOGRAPHICS • North Vancouver has an average household income of $102,826, 40% higher than Metro Vancouver. • Esplanade is home to major tenants such as IGA Marketplace, Shoppers Drug Mart, TD Bank of Canada, Boston Pizza, and the head office of ICBC.
BUSINESS / INVESTMENT OPPORTUNITY • The Federal Government and Coast Guard awarded Seaspan a combined $11.3 Billion 30 year ship building and maintenance contract, providing long-term job stability for at least 4,000-5,000 local workers and boosting the local businesses across all industries. • A beautiful merging of the old and new, and a perfect place to invest in the future.
“A” CLASS OFFICE STRATA UNITS
FLOOR PLAN - FIRST FLOOR*
SUGGESTED PRICING* FLOOR
RAMP DOWN
LANE
D L O
D L O S
planter
planter
FIRST* FLOOR
143.4.' U/C OF CEILING
133.4.' 5th FLOOR
10'-6"
122.9' 4th FLOOR
102
112.4' 3rd FLOOR
101.25' 2nd FLOOR
15'-6"
THIRD* FLOOR
CRU 1 FLOOR LEVEL
PARKADE EXHAUST VENT
N
85.3' awning
103 11'-1 1/2"
101
SECOND* FLOOR
10'-6"
S
10'-0"
ROOF OF EXISTING HERITAGE BUILDING
OFFICE
awning awning
UNIT 101 102 103 201 202 203 301 302 303
sf 1,050 700 542 1,050 775 1,127 1,050 775 1,131
Price $724,500 $437,500 $352,300 $750,750 $484,375 $704,375 $761,250 $484,375 $706,875
PAINTED MURAL WALL
PAINTED MURAL WALL
• Ask about full floor pricing incentives. WEST ELEVATION (LANE)
10'-0"
FLOOR PLAN - SECOND FLOOR*
11'-5"
203
11'-5"
202
12'-3 1/2"
ETCHED METAL PANEL PERMANENT PUBLIC ART
OFFICE
201
10'-6"
10'-6"
LANE
N
SOUTH ELEVATION (1ST STREET) SOUTH ELEVATION (1ST STREET)
FLOOR PLAN - THIRD FLOOR*
143.4.' U/C OF CEILING
U
10'-0"
133.4.' 5th FLOOR
10'-6"
122.9' 4th FLOOR
10'-6"
101.25' 2nd FLOOR
11'-1 1/2"
112.4' 3rd FLOOR
LANE
OF
15'-6"
85.3'
OF
CRU 1 FLOOR LEVEL PARKADE EXHAUST VENT
OFFICE
PAINTED MURAL WALL
O
PAINTED MURAL WALL
WEST ELEVATION (LANE) WEST ELEVATION (LANE)
PARKING & STORAGE
*Not to scale.
10'-0"
143.4' U/S OF CEILING
10'-6"
122.9' 4th FLOOR
10'-6"
ETCHED METAL PANEL PERMANENT PUBLIC ART
133.4' 5th FLOOR
112.4' 3rd FLOOR
12'-3 1/2"
• 45 shared commercial parking stalls. • 12 stalls in commercial bike room with lockers and shower. • Contact Agent for further details regarding parking.
100.14' OFFICE LEVEL 3
11'-5"
303
88.72' OFFICE LEVEL 2
11'-5"
302
N
301
77.3' OFFICE LEVEL 1
for sale PRIME LOCATION “a” class office strata units 101 - 149 LONSDALE AVENUE, NORTH VANCOUVER, BRITISH COLUMBIA RESTAURANTS
1. Sushi Bella 2. Burgoo Bistro 3. Fishworks 4. Pasparos Taverna 5. The District 6. Gusto Di Quattro 7. Lonsdale Quay Market 8. Pier 7
COFFEE
9. Cafe For Contemporary Art 10. Waves 11. Starbucks
ACTIVITIES
16. John Braithwaite Community Centre 17. Empire Esplanade 6 Movie Theatre 18. Derek Inman Tennis Courts 19. Yogapod 20. Bound Lotus Yoga
SHOPPING 21. 22. 23. 24.
Obsession Bikes Crocodile Baby The Mill Fine Foods Highwater Tackle
CONVENIENCE
12. Marketplace IGA 13. Shoppers Drug Mart 14. BC Liquor Store
22
WHY RENT WHEN YOU CAN OWN?
Monthly Payment:
$437,500 $328,125 $109,375 • 75% financing • 3.75% interest rate • 25-year amortization Approx. $1,682
Comparable Net Rental Rate:
$1,633 per month based on $28 psf NNN
Purchase Price (Unit 102): Financing: Client Down Payment:
FOR MORE INFORMATION PLEASE CONTACT:
Mehdi Shokri Associate Vice President Investment Properties Group 604 662 5179 [email protected]
CBRE Limited | 1111 West Georgia Street | Suite 600 | Vancouver, BC V6E 4M3 | www.cbre.ca This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
