Metric living

Report 27 Downloads 71 Views
for lease

Metric Living

6808 - 6826 Royal Oak avenue burnaby, BC Partnership. Performance.

Brand New Royal Oak Retail Opportunity Brand new, mixed-use development at the corner of Royal Oak Avenue and Imperial Street containing high-exposure retail opportunities ranging from 714 sf to 4,666 sf just east of Metrotown in Burnaby.

James Shandro, Vice-President 604.647.5073 [email protected]

6808-6826

royal oak avenue burnaby, BC

Property Details

Metric Living

Available Area

The subject property consists of a proposed four-storey development comprising 45 elegant homes with up to 7,000 sf of retail space located at the intersection of Royal Oak Avenue and Imperial Street. This area in Burnaby is rapidly evolving with a number of upcoming exciting mixed-use projects and Metric Living is perfectly situated within minutes of walking distance to Royal Oak Skytrain Station.

Unit sizes available ranging 714 sf to 4,666 sf

Available Spring 2017

Lease Rate $35.00 psf

Operating Costs

Area Tenants

Frontage

Vancity, Steve Nash Fitness World, White Spot, HSBC, Sherwin-Williams, Cap’s Westwood Cycle, Chatime, Popeye’s, Little Caesars, Wholesale Club, Safeway, 7-Eleven, IHOP, Boiling Point, and many more.

Parking

Demographics

Zoning

Estimates and projections

$8.50 psf

111 ft on Royal Oak Avenue 188 ft on Imperial Street Ground level parking and street parking CD C9

Features

1 km

3 km

5 km

2016 projected population

20,369

113,974

255,389

-- Concrete construction and contemporary design

2018 projected population

21,392

118,042

262,423

2013 daytime population

27,417

109,050

238,468

-- 45 residential units directly above

Population change (2011–2013)

6.4%

4.0%

2.9%

-- In proximity to many new developments

Population change (2013–2016)

8.1%

5.7%

4.3%

-- Multiple sizes and configurations available

2016 projected avg. household income

$62,642

$77,813

$83,818

-- 12 ft ceiling heights

2016 projected avg. household income

$65,423

$82,281

$89,246

-- Prominent signage opportunities

Dominant age group

-- Easily accessible by rapid transit

Median age

SIGNAGE

COMMERCIAL SIGNAGE

COMMERCIAL SIGNAGE

25–29 37.4

COMMERCIAL SIGNAGE COMMERCIAL SIGNAGE

COMMERCIAL SIGNAGE

COMMERCIAL SIGNAGE

Imperial Street B DP312

2r

1r A

B

C

A

D

5r

4r C

E

A

G

A

8r F

E

J

A

C DP313

A DP311

DOUBLE GLAZED ALUMINUM WINDOWS AND BALCONY DOORS

10r A

G

F

12r C

13r 14r B

A

D

Site Plan Imperial Street EX

CRU #107 LEASE 1,246 sf D

CRU #106 728 sf

CRU #105 984 sf

CRU #104 988 sf

CRU #103 714 sf

CRU #102 1,252 sf H/A WASH

H/A WASH

H/A WASH

H/A WASH

H/A WASH

H/A WASH

H/A WASH

PARKING CORRIDOR

Amenity Unit

GARBAGE RM. RESIDENTIAL

Royal Oak Avenue

RESIDENTIAL

Commercial Parking Area

LEASE CRU #108 1,300 sfD

4"

GARBAGE RM. COMMERCIAL

H/A WASH

EG 21'-4"

5'-1 1/2" 3'-3"

*various sizes and configurations available

Active and Proposed Developments in the Area The Met

The Park Metrotown

Midori 5108 Imperial St.

6695 Dunblane Ave. Bonsor Recreation Complex

6556 Marlborough Ave.

6661 Marlborough Ave.

King

Infinity

swa y

5389 Lane St.

Subject Property 5250 Imperial St.

Subora 6837 Royal Oak Ave.

5389 Imperial St.

Imperial avenue

ne

lso

na ve

nu

e

5108 Imperial St.

Royal Oak Avenue

Metrotown Centre

6960 Royal Oak Ave. Royal Oak Skytrain Station

Subject Property Active Developments Proposed Developments

AH AD

WAYBURNE DR.

AY

Deer Lake Place

W IGH

W AY

BU

Buckingham Heights

Deer Lake Park

Deer Lake

.

ST

B

ST.

AY

DOVER ST.

OAKLAND ST.

Patterson SkyTrain

ET

RE

RS

T.

PRENTER ST.

W

E.

ST

21

AV

TH

15

ROYAL OAK AVE.

TE

ST .

ITH

Edmonds SkyTrain

SD

Suncrest

EN

IRMIN ST.

KIN GS WA Y

IFF

South Slope

.

PR

ON

M ED

GR

PATTERSON AVE.

RUMBLE STREET

D ST

T SS

D

Middlegate CONWAY AVE.

KENNETH

SFOR

SIDLEY ST.

CURAGH

BERE

ET

RE

RANDOLPH

SHORT ST.

Royal Oak SkyTrain

MERRITT

MAVIS DORSET

RUSSELL

SELLERS

McKay Jubilee

IMPERIAL STREET

SHIRLEY

PALM AVE.

Metric Living 6808 - 6826 Royal Oak Ave

T LS

RIA

PE

IM

GREENFORD AVE.

Metrotown SkyTrain

GILLEY AVENUE

BOUNDARY ROAD

IS

R UR

AW AD

NGE

LA

N CA

Central Park

GRA

ABY

Burnab

SARDIS ST.

GS WA Y

RN

DEER LAKE PKWY.

Garden Village

Forglen

KIN

Governme CONRAD ST.

Municipal Hall

WILLINGDON AVENUE

MOSCROP ST.

CA NA DA

PHILLIPS

KENSINGTON AVE.

N CA

Greentree Village

LOZELLS AVE.

T EE TR

NS SPROTT ST.

R.

Edmonds

.

ST

GREENALL AVE.

WAY

TH

IVY AVE.

SOUTH RIDGE DR.

MARIN E

20

JOFFRE AVE.

KEITH ST.

ROSEBERRY AVE.

S.E. MARINE DRIVE

.

.

e Qu

.

VE

EA

s en

TH

OW

WO

E. AV

EN

T

.

VE

PA

P RA

UR

SP

Br

N OR

h ug ro bo ge id

AV

GL

AY

W

.

RD

OD . DR

YD

BO

.

DR

avisonyoung.com

RK

PA .

DR

ER ND

BE CT

.

FO

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 RIVER RD Commercial Real Estate (B.C.) Inc.; DBA, Avison Young. .

ST. RD .

ST

ER

NS

R.

RIV

GI

E

KD

.

DR

IG

IV

W

R

ND RBE

T

R

© 2017 Avison Young. All rights reserved.

TG

E

ON

S

GIF

. ST UM C I TILF RA SE RP AR

FR

A

ER

R

RIV

F

RIV

M

Big Bend

ND LA

ER AS

R

ND

A

HL

RS

MA

W

LO

A

E WAY

E.

FO

TS

BO

AB

RD

.

ST

AD ME

ER

AS FR

James Shandro, Vice-President 604.647.5073 [email protected]

BY

CR

MARIN

R

FR

H

R NE

H

T

D

OA

RT

YO

M

.

ST

ST

NL

NP KW Avison Young Y. #2900-1055 W. Georgia Street Box 11109 Royal Centre N O Vancouver, BC V6E 3P3, Canada R

G

IN

S OS

WES T M

I

T NS

N WE

E

Y HIGHW A ER D.

CR

L.

D

EA

NS

FRASERTON CT.

SER

WAY P

IG W

RA

NO

GLE

TF

T KE AR

RH

M

RIVER

Partnership. Performance. NO

22nd St. SkyTrain

GI

FRASERWOOD CT.

NORTHBROOK CT.

T.

RS

TE

E.

AV