prime retail opportunity - Form Retail
PRIME RETAIL OPPORTUNITY
PRIME RETAIL OPPORTUNITY
2625 WEST 4TH AVENUE VANCOUVER, BC
2625 WEST 4TH AVENUE VANCOUVER, BC
t
n Poi
y Gre
ad Ro Trafalger Street
eet Larch Str
Stephen Street
SUBJECT SITE
West 4th Avenue
Macdonald Street
JORDAN CURTEANU 604 638 2124 [email protected] FORM RETAIL ADVISORS INC.
PRIME RETAIL OPPORTUNITY 2625 WEST 4TH AVENUE VANCOUVER, BC
THE OPPORTUNITY Occupying on the north side of West 4th Avenue, between Stephens and Trafalgar Street, in Vancouver’s west side neighbourhood, the subject site is situated in the high traffic, high income, Kitsilano retail corridor. The property offers excellent exposure and has ample street front parking and three parking stalls at the rear of the building. LOCATION Located 3 blocks west of Safeway, Shoppers Drug Mart and many other national and regional tenants along West 4th Avenue, the subject property is situated in the heart of Kitsilano, a vibrant and dynamic community characterized by a mix of local shops, services, parks, and people. The subject site features incredible exposure to both vehicular and pedestrian traffic counts (18,343 VPD) , while the surrounding area includes a wide array of unique and local, independent retailers, services and restaurants. THE NEIGHBOURHOOD The Kitsilano area has a population of approximately 21,200 residents and an average household income of approximately $92,000. This highly sought after market has experienced steady population growth since 2009, and is forecast to grow by 8% by 2019. PARKING • 2 hour street front parking along West 4th Avenue • 3 parking stalls at rear TIMING Immediately
ADDRESS 2625 West 4th Avenue Vancouver, BC
LOADING Loading available at rear.
AVAILABILITY 2,300 SF
PUBLIC TRANSPORTATION 2625 West 4th Avenue is conveniently located on several major bus routes.
ASKING RATES $25.00 PSF
ZONING C-2 Commercial Zone The C-2 zone permits a wide range of commercial uses included grocery and drug store retail, office uses, beauty salons, wellness centres, restaurants, financial institutions and more.
OPERATING COSTS (2016 ESTIMATES) $10.00 PSF
FORM RETAIL ADVISORS INC.
PRIME RETAIL OPPORTUNITY 2625 WEST 4TH AVENUE VANCOUVER, BC
SITE PLAN
EX.
W/C EX.
EX.
MECHANICAL
EX.
2,300 SF
FORM RETAIL ADVISORS INC.
EX.
ELECTRICAL
W/C EX.
PRIME RETAIL OPPORTUNITY PRIME RETAIL OPPORTUNITY 2625 WEST 4TH AVENUE
2625 WEST 4TH AVENUE VANCOUVER, BC VANCOUVER, BC
Population Dot Density 2625 W 4th Ave, Vancouver, BC V6K 1P8, Canada - 1 km
Map
Location Summary Report Study Area
TRADE AREA DEMOGRAPHICS Household Income
Study Area $92,135 $65,129
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
2625 W 4th Ave, Vancouver, BC V6K 1P8, Canada - 1 km De ce m be r 17, 2015
Population & Household Summary
Age Cohorts
Total Population Population Growth 2010-2015 Population Growth 2015-2020
21,220 -1.0% -0.8%
Population Projections 2010 Population 2015 Population 2020 Population 2025 Population
21,424 21,220 21,054 21,025
Total Households Household Growth 2010-2015 Household Growth 2015-2020 % of Households with Children % of Households - Married w/ Kids % of Households - Single Parent
11,961 -1.0% 0.6% 16.4% 11.3% 5.1%
75-79
Total Number of Children at Home
2,872
50-54
$ 80-90K $ 70-80K
Population: 19 yrs and under Population: 20-64 yrs Population: Over 65 yrs Median Age
2,286 16,500 2,434 36.5
10.8% 77.8% 11.5%
Age Distribution 85+ 80-84
70-74 65-69 60-64 55-59
45-49
Marital Status - Population 15 Years+ Single (never married) 8,277 Married/Common-Law 8,590 Widowed 593 Divorced 1,584 Separated (legally married) 401
$ 60-70K $ 50-60K $ 40-50K $ 30-40K
42.6% 44.2% 3.1% 8.1% 2.1%
$ 20-30K
40-44 35-39 30-34 25-29 20-24 15-19
< $20K
2,000
1,500
1,000
500
0
10-14 5-9 0-4
0
Workplace
2015 Transportation to Work Car as driver Car as passenger Public transit Walked Bicycle Other Method
5,438 & 2015 ESTIMATES 286 PROJECTIONS 4,235
Population
1,240 892 143
Daytime Population Total Daytime Population 14,875 Daytime Pop. at Work 7,362 Daytime Pop. at Home 7,512
Households
28.4% 1.5% 22.1% 6.5% 4.7% 0.7%
49.5% 50.5%
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
Average Household Income 99.0%
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORM.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.
Occupations All occupations 14,649 Management 1,467 Business, Finance & Admin 2,289 Sciences 1,640 Health occupations 984 Education, Gov't and Religion 2,909 Art,Sitewise Culture & Pro Sport 1,758 Powered by Sales And Service 2,641 Trades 668 Primary Industry 173 Manufacturing 119 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
9.9% 15.5% 11.1% 6.6% 19.7% 11.9% 17.8% 4.5% 1.2% 0.8%
21,220
11,961
$92,135
S. Asian (Inc. East Indian) Black Filipino Latin American Southeast Asian Arab
817 2,902 866 2,980 1,020 10,644
4.2% 15.1% 4.5% 15.5% 5.3% 55.4%
3 KM Owned
1,365 395 144 150 272 75 36 147 130 350 36 152
6.4% 1.9% 0.7% 0.7% 1.3% 0.4% 0.2% 0.7% 0.6% 1.6% 0.2% 0.7%
West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities
2.0%
4,000
4.0%
5 MIN DRIVE 4,616 38.6%
Rented
131,628 Houses
7,345
6.0%
66,437 1,473
Apartments Detached duplex Movable dwelling
10,480 1,117 1
35,133
12.3% 87.6% 9.3% 0.0%
2015 Households by Size of Households
$94,815 1
8.0%
61.4%
2015 Private Dwellings by Structure
71,528
Visible Minorities by Percentage 0.0%
3,000
2015 Private Dwellings by Tenure
1 KM
Chinese
2,000
Home Ownership
$99,688 5,859
2 3 4-5 6+
4,142 1,134 759 67
49.0% 34.6% 9.5% 6.3% 0.6%
60% 50% 40% 30% 20% 10% 0% 1
2
3
4-5
6+
FORM RETAIL ADVISORS INC.
Powered by Sitewise Pro
Data Source: 2015 Environics Analytics
PRIME RETAIL OPPORTUNITY
2625 WEST 4TH AVENUE VANCOUVER, BC
2625 WEST 4TH AVENUE VANCOUVER, BC
t
n Poi
y Gre
ad Ro Trafalger Street
eet Larch Str
Stephen Street
SUBJECT SITE
West 4th Avenue
Macdonald Street
JORDAN CURTEANU 604 638 2124 [email protected] FORM RETAIL ADVISORS INC.
PRIME RETAIL OPPORTUNITY 2625 WEST 4TH AVENUE VANCOUVER, BC
THE OPPORTUNITY Occupying on the north side of West 4th Avenue, between Stephens and Trafalgar Street, in Vancouver’s west side neighbourhood, the subject site is situated in the high traffic, high income, Kitsilano retail corridor. The property offers excellent exposure and has ample street front parking and three parking stalls at the rear of the building. LOCATION Located 3 blocks west of Safeway, Shoppers Drug Mart and many other national and regional tenants along West 4th Avenue, the subject property is situated in the heart of Kitsilano, a vibrant and dynamic community characterized by a mix of local shops, services, parks, and people. The subject site features incredible exposure to both vehicular and pedestrian traffic counts (18,343 VPD) , while the surrounding area includes a wide array of unique and local, independent retailers, services and restaurants. THE NEIGHBOURHOOD The Kitsilano area has a population of approximately 21,200 residents and an average household income of approximately $92,000. This highly sought after market has experienced steady population growth since 2009, and is forecast to grow by 8% by 2019. PARKING • 2 hour street front parking along West 4th Avenue • 3 parking stalls at rear TIMING Immediately
ADDRESS 2625 West 4th Avenue Vancouver, BC
LOADING Loading available at rear.
AVAILABILITY 2,300 SF
PUBLIC TRANSPORTATION 2625 West 4th Avenue is conveniently located on several major bus routes.
ASKING RATES $25.00 PSF
ZONING C-2 Commercial Zone The C-2 zone permits a wide range of commercial uses included grocery and drug store retail, office uses, beauty salons, wellness centres, restaurants, financial institutions and more.
OPERATING COSTS (2016 ESTIMATES) $10.00 PSF
FORM RETAIL ADVISORS INC.
PRIME RETAIL OPPORTUNITY 2625 WEST 4TH AVENUE VANCOUVER, BC
SITE PLAN
EX.
W/C EX.
EX.
MECHANICAL
EX.
2,300 SF
FORM RETAIL ADVISORS INC.
EX.
ELECTRICAL
W/C EX.
PRIME RETAIL OPPORTUNITY PRIME RETAIL OPPORTUNITY 2625 WEST 4TH AVENUE
2625 WEST 4TH AVENUE VANCOUVER, BC VANCOUVER, BC
Population Dot Density 2625 W 4th Ave, Vancouver, BC V6K 1P8, Canada - 1 km
Map
Location Summary Report Study Area
TRADE AREA DEMOGRAPHICS Household Income
Study Area $92,135 $65,129
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
2625 W 4th Ave, Vancouver, BC V6K 1P8, Canada - 1 km De ce m be r 17, 2015
Population & Household Summary
Age Cohorts
Total Population Population Growth 2010-2015 Population Growth 2015-2020
21,220 -1.0% -0.8%
Population Projections 2010 Population 2015 Population 2020 Population 2025 Population
21,424 21,220 21,054 21,025
Total Households Household Growth 2010-2015 Household Growth 2015-2020 % of Households with Children % of Households - Married w/ Kids % of Households - Single Parent
11,961 -1.0% 0.6% 16.4% 11.3% 5.1%
75-79
Total Number of Children at Home
2,872
50-54
$ 80-90K $ 70-80K
Population: 19 yrs and under Population: 20-64 yrs Population: Over 65 yrs Median Age
2,286 16,500 2,434 36.5
10.8% 77.8% 11.5%
Age Distribution 85+ 80-84
70-74 65-69 60-64 55-59
45-49
Marital Status - Population 15 Years+ Single (never married) 8,277 Married/Common-Law 8,590 Widowed 593 Divorced 1,584 Separated (legally married) 401
$ 60-70K $ 50-60K $ 40-50K $ 30-40K
42.6% 44.2% 3.1% 8.1% 2.1%
$ 20-30K
40-44 35-39 30-34 25-29 20-24 15-19
< $20K
2,000
1,500
1,000
500
0
10-14 5-9 0-4
0
Workplace
2015 Transportation to Work Car as driver Car as passenger Public transit Walked Bicycle Other Method
5,438 & 2015 ESTIMATES 286 PROJECTIONS 4,235
Population
1,240 892 143
Daytime Population Total Daytime Population 14,875 Daytime Pop. at Work 7,362 Daytime Pop. at Home 7,512
Households
28.4% 1.5% 22.1% 6.5% 4.7% 0.7%
49.5% 50.5%
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
Average Household Income 99.0%
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORM.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.
Occupations All occupations 14,649 Management 1,467 Business, Finance & Admin 2,289 Sciences 1,640 Health occupations 984 Education, Gov't and Religion 2,909 Art,Sitewise Culture & Pro Sport 1,758 Powered by Sales And Service 2,641 Trades 668 Primary Industry 173 Manufacturing 119 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
9.9% 15.5% 11.1% 6.6% 19.7% 11.9% 17.8% 4.5% 1.2% 0.8%
21,220
11,961
$92,135
S. Asian (Inc. East Indian) Black Filipino Latin American Southeast Asian Arab
817 2,902 866 2,980 1,020 10,644
4.2% 15.1% 4.5% 15.5% 5.3% 55.4%
3 KM Owned
1,365 395 144 150 272 75 36 147 130 350 36 152
6.4% 1.9% 0.7% 0.7% 1.3% 0.4% 0.2% 0.7% 0.6% 1.6% 0.2% 0.7%
West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities
2.0%
4,000
4.0%
5 MIN DRIVE 4,616 38.6%
Rented
131,628 Houses
7,345
6.0%
66,437 1,473
Apartments Detached duplex Movable dwelling
10,480 1,117 1
35,133
12.3% 87.6% 9.3% 0.0%
2015 Households by Size of Households
$94,815 1
8.0%
61.4%
2015 Private Dwellings by Structure
71,528
Visible Minorities by Percentage 0.0%
3,000
2015 Private Dwellings by Tenure
1 KM
Chinese
2,000
Home Ownership
$99,688 5,859
2 3 4-5 6+
4,142 1,134 759 67
49.0% 34.6% 9.5% 6.3% 0.6%
60% 50% 40% 30% 20% 10% 0% 1
2
3
4-5
6+
FORM RETAIL ADVISORS INC.
Powered by Sitewise Pro
Data Source: 2015 Environics Analytics
