prime retail opportunity - Form Retail
PRIME RETAIL OPPORTUNITY
PRIME RETAIL OPPORTUNITY
3097 WEST BROADWAY VANCOUVER, BC
UP TO 12,321 SF OF NEW RETAIL SPACE IN THE HEART OF BROADWAY VILLAGE 3097 WEST BROADWAY VANCOUVER, BC
SUBJECT SITE
West Broadway
Mackenzie Street
Balaclav a Street
Carnarvon Street
Q2 2015
Stree t Trutc h
(approx. 21,000)
DERICK FLUKER*
604 638 2125 [email protected] FORM RETAIL ADVISORS
*Personal Real Estate Corporation
PRIME RETAIL OPPORTUNITY 3097 WEST BROADWAY VANCOUVER, BC
PROJECT DESCRIPTION Six storey, mixed-use building with approximately 71 residential units and up to 12,321 sq.ft. of ground floor commercial space. The project is currently at the design stage and could be customized to tenant specifications. LOCATION The project is located in the heart of Kitsilano, a vibrant and dynamic community characterized by a mix of local shops, services, parks, and people. Located on a traffic controlled, corner site on West Broadway, the project offers excellent exposure to both vehicular and pedestrian traffic. This highly desirable area has experienced steady population growth since 2009, and is forecast to grow by 8% by 2019. ADDRESS 3097 West Broadway Vancouver, BC TIMING
CEILING HEIGHTS
Approximately Q4 2017
Approximately 15 foot clear
ASKING RATES
ACCESS AND PARKING
Contact listing agent
• • • •
AVAILABLE Units ranging in size from 1,340 SF to 12,321 SF (max. contiguous) ZONING
Access to underground is provided by the way of rear lane Controlled, all turns access at Broadway and Balaclava 31 designated underground parking stalls for tenants exclusive use Metered street parking on West Broadway and Balaclava
TRAFFIC COUNTS 18,307 VPD on Broadway at Balaclava
CD-1 The proposed CD zoning permits a wide range of commercial uses including general retail, restaurant, cafe, hair dresser / beauty salon, financial services etc. Please contact listing agent for further information.
FORM RETAIL ADVISORS
LOADING 1 bay accessed by way of lane
PRIME RETAIL OPPORTUNITY 3097 WEST BROADWAY VANCOUVER, BC
FLOOR PLAN
FORM RETAIL ADVISORS
PRIME RETAIL OPPORTUNITY PRIME RETAIL OPPORTUNITY 3097 WEST BROADWAY
UP TO 12,321 SF OF NEW RETAIL SPACE IN THE HEART OF BROADWAY VILLAGE VANCOUVER, BC 3097 WEST BROADWAY VANCOUVER, BC Location Summary Report
Study Area
TRADE AREA DEMOGRAPHICS Household Income
Study Area $109,766 $74,009
Average HH Income Median HH Income
Province $89,340 $66,829
Households by Income > $250K $ 200/250K $ 175-200K $ 150-175K $ 125-150K $ 100-125K $ 90-100K
3097 W Broadway, Vancouver, BC V6K, Canada - 1.2 km Octobe r 13, 2015
Population & Household Summary
Age Cohorts
Total Population Population Growth 2010-2015 Population Growth 2015-2020
25,877 -0.1% 0.1%
Population Projections 2010 Population 2015 Population 2020 Population 2025 Population
25,893 25,877 25,910 26,014
Total Households Household Growth 2010-2015 Household Growth 2015-2020 % of Households with Children % of Households - Married w/ Kids % of Households - Single Parent
12,115 -1.4% 1.8% 26.6% 20.1% 6.5%
75-79
Total Number of Children at Home
5,235
50-54
$ 80-90K $ 70-80K
Population: 19 yrs and under Population: 20-64 yrs Population: Over 65 yrs Median Age
3,914 18,615 3,348 37.4
15.1% 71.9% 12.9%
Age Distribution 85+ 80-84
70-74 65-69 60-64 55-59
45-49
Marital Status - Population 15 Years+ Single (never married) 8,601 Married/Common-Law 11,645 Widowed 742 Divorced 1,516 Separated (legally married) 433
$ 60-70K $ 50-60K $ 40-50K $ 30-40K
37.5% 50.8% 3.2% 6.6% 1.9%
$ 20-30K
40-44 35-39 30-34 25-29 20-24 15-19
< $20K
1,500
1,000
0
500
10-14 5-9 0-4
0
Workplace
2015 Transportation to Work Car as driver Car as passenger Public transit Walked Bicycle Other Method
6,359 & 2015 ESTIMATES 358 PROJECTIONS 4,242
Population
1,001 1,191 179
Daytime Population Total Daytime Population 17,919 Daytime Pop. at Work 7,218 Daytime Pop. at Home 10,701
Average Household Income Occupations 16,221 All occupations
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORMRETAIL.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors inc.
Management Business, Finance & Admin Sciences Health occupations Education, Gov't and Religion Art, Culture & Sport Sales And Service Trades Primary Industry Manufacturing
Education No certificate or diploma High school or equiv Apprenticeship or trade cert. College, CEGEP or other University below bachelor University degree
1,000
Visible Minorities
1,658 2,531 1,946 1,147 3,395 1,910 2,601 700 185 147
1,240 3,631 955 3,033 1,338 12,527
28.0% 1.6% 18.7% 4.4% 5.2% 0.8%
40.3% 59.7%
99.4% 10.2% 15.5% 11.9% 7.0% 20.8% 11.7% 15.9% 4.3% 1.1% 0.9%
5.5% 16.0% 4.2% 13.3% 5.9% 55.1%
Population by Visible Minority Chinese S. Asian (Inc. East Indian) Black Filipino Latin American Southeast Asian Arab West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities
Primary Trade2,718 Area 10.6% 25,887
$109,766
565 230 162 243 136 29 147 218 369 39 142
2.2% 0.9% 0.6% 0.9% 0.5% 0.1% 0.6% 0.8% 1.4% 0.2% 0.6%
Visible Minorities by Percentage 0.0% Chinese S. Asian (Inc. East Indian) Black Filipino Latin American
5.0%
10.0%
15.0%
2015 Private Dwellings by Tenure Owned Rented
4,000
6,018
49.7%
2015 Private Dwellings by Structure Houses Apartments Detached duplex Movable dwelling
75,593
3,089 9,012 2,386 1
25.5% 74.4% 19.7% 0.0%
$107,087
2015 Households by Size of Households 1 2 3 4-5 6+
4,463 4,260 1,661 1,551 181
36.8% 35.2% 13.7% 12.8% 1.5%
40% 35% 30% 25%
Arab
20%
West Asian
15%
Korean
10%
Japanese
5%
Multiple vis. minorities
3,000
Secondary Trade6,096Area50.3%
Southeast Asian
Visible minority, n.i.e.
2,000
Home Ownership
0% 1
2
3
4-5
6+
FORM RETAIL ADVISORS
Powered by Sitewise Pro
Data Source: 2015 Environics Analytics
PRIME RETAIL OPPORTUNITY
3097 WEST BROADWAY VANCOUVER, BC
UP TO 12,321 SF OF NEW RETAIL SPACE IN THE HEART OF BROADWAY VILLAGE 3097 WEST BROADWAY VANCOUVER, BC
SUBJECT SITE
West Broadway
Mackenzie Street
Balaclav a Street
Carnarvon Street
Q2 2015
Stree t Trutc h
(approx. 21,000)
DERICK FLUKER*
604 638 2125 [email protected] FORM RETAIL ADVISORS
*Personal Real Estate Corporation
PRIME RETAIL OPPORTUNITY 3097 WEST BROADWAY VANCOUVER, BC
PROJECT DESCRIPTION Six storey, mixed-use building with approximately 71 residential units and up to 12,321 sq.ft. of ground floor commercial space. The project is currently at the design stage and could be customized to tenant specifications. LOCATION The project is located in the heart of Kitsilano, a vibrant and dynamic community characterized by a mix of local shops, services, parks, and people. Located on a traffic controlled, corner site on West Broadway, the project offers excellent exposure to both vehicular and pedestrian traffic. This highly desirable area has experienced steady population growth since 2009, and is forecast to grow by 8% by 2019. ADDRESS 3097 West Broadway Vancouver, BC TIMING
CEILING HEIGHTS
Approximately Q4 2017
Approximately 15 foot clear
ASKING RATES
ACCESS AND PARKING
Contact listing agent
• • • •
AVAILABLE Units ranging in size from 1,340 SF to 12,321 SF (max. contiguous) ZONING
Access to underground is provided by the way of rear lane Controlled, all turns access at Broadway and Balaclava 31 designated underground parking stalls for tenants exclusive use Metered street parking on West Broadway and Balaclava
TRAFFIC COUNTS 18,307 VPD on Broadway at Balaclava
CD-1 The proposed CD zoning permits a wide range of commercial uses including general retail, restaurant, cafe, hair dresser / beauty salon, financial services etc. Please contact listing agent for further information.
FORM RETAIL ADVISORS
LOADING 1 bay accessed by way of lane
PRIME RETAIL OPPORTUNITY 3097 WEST BROADWAY VANCOUVER, BC
FLOOR PLAN
FORM RETAIL ADVISORS
PRIME RETAIL OPPORTUNITY PRIME RETAIL OPPORTUNITY 3097 WEST BROADWAY
UP TO 12,321 SF OF NEW RETAIL SPACE IN THE HEART OF BROADWAY VILLAGE VANCOUVER, BC 3097 WEST BROADWAY VANCOUVER, BC Location Summary Report
Study Area
TRADE AREA DEMOGRAPHICS Household Income
Study Area $109,766 $74,009
Average HH Income Median HH Income
Province $89,340 $66,829
Households by Income > $250K $ 200/250K $ 175-200K $ 150-175K $ 125-150K $ 100-125K $ 90-100K
3097 W Broadway, Vancouver, BC V6K, Canada - 1.2 km Octobe r 13, 2015
Population & Household Summary
Age Cohorts
Total Population Population Growth 2010-2015 Population Growth 2015-2020
25,877 -0.1% 0.1%
Population Projections 2010 Population 2015 Population 2020 Population 2025 Population
25,893 25,877 25,910 26,014
Total Households Household Growth 2010-2015 Household Growth 2015-2020 % of Households with Children % of Households - Married w/ Kids % of Households - Single Parent
12,115 -1.4% 1.8% 26.6% 20.1% 6.5%
75-79
Total Number of Children at Home
5,235
50-54
$ 80-90K $ 70-80K
Population: 19 yrs and under Population: 20-64 yrs Population: Over 65 yrs Median Age
3,914 18,615 3,348 37.4
15.1% 71.9% 12.9%
Age Distribution 85+ 80-84
70-74 65-69 60-64 55-59
45-49
Marital Status - Population 15 Years+ Single (never married) 8,601 Married/Common-Law 11,645 Widowed 742 Divorced 1,516 Separated (legally married) 433
$ 60-70K $ 50-60K $ 40-50K $ 30-40K
37.5% 50.8% 3.2% 6.6% 1.9%
$ 20-30K
40-44 35-39 30-34 25-29 20-24 15-19
< $20K
1,500
1,000
0
500
10-14 5-9 0-4
0
Workplace
2015 Transportation to Work Car as driver Car as passenger Public transit Walked Bicycle Other Method
6,359 & 2015 ESTIMATES 358 PROJECTIONS 4,242
Population
1,001 1,191 179
Daytime Population Total Daytime Population 17,919 Daytime Pop. at Work 7,218 Daytime Pop. at Home 10,701
Average Household Income Occupations 16,221 All occupations
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORMRETAIL.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors inc.
Management Business, Finance & Admin Sciences Health occupations Education, Gov't and Religion Art, Culture & Sport Sales And Service Trades Primary Industry Manufacturing
Education No certificate or diploma High school or equiv Apprenticeship or trade cert. College, CEGEP or other University below bachelor University degree
1,000
Visible Minorities
1,658 2,531 1,946 1,147 3,395 1,910 2,601 700 185 147
1,240 3,631 955 3,033 1,338 12,527
28.0% 1.6% 18.7% 4.4% 5.2% 0.8%
40.3% 59.7%
99.4% 10.2% 15.5% 11.9% 7.0% 20.8% 11.7% 15.9% 4.3% 1.1% 0.9%
5.5% 16.0% 4.2% 13.3% 5.9% 55.1%
Population by Visible Minority Chinese S. Asian (Inc. East Indian) Black Filipino Latin American Southeast Asian Arab West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities
Primary Trade2,718 Area 10.6% 25,887
$109,766
565 230 162 243 136 29 147 218 369 39 142
2.2% 0.9% 0.6% 0.9% 0.5% 0.1% 0.6% 0.8% 1.4% 0.2% 0.6%
Visible Minorities by Percentage 0.0% Chinese S. Asian (Inc. East Indian) Black Filipino Latin American
5.0%
10.0%
15.0%
2015 Private Dwellings by Tenure Owned Rented
4,000
6,018
49.7%
2015 Private Dwellings by Structure Houses Apartments Detached duplex Movable dwelling
75,593
3,089 9,012 2,386 1
25.5% 74.4% 19.7% 0.0%
$107,087
2015 Households by Size of Households 1 2 3 4-5 6+
4,463 4,260 1,661 1,551 181
36.8% 35.2% 13.7% 12.8% 1.5%
40% 35% 30% 25%
Arab
20%
West Asian
15%
Korean
10%
Japanese
5%
Multiple vis. minorities
3,000
Secondary Trade6,096Area50.3%
Southeast Asian
Visible minority, n.i.e.
2,000
Home Ownership
0% 1
2
3
4-5
6+
FORM RETAIL ADVISORS
Powered by Sitewise Pro
Data Source: 2015 Environics Analytics
