west 1st street NOrTh VaNcOuVer, Bc

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Partnership. Performance.

Subject Property

Opportunity To lease prime office space in the heart of Lower Lonsdale.

Matt Thomas, Vice-President 604.646.8383 [email protected]

106

west 1st street North vancouver, BC

106

West 1st street north vancouver, BC Location

Property Details

Situated on the highly exposed corner of Lonsdale Avenue and West 1st Street, in vibrant Lower Lonsdale. The property is directly adjacent to Wallace & McDowell, a new mixed-use development, as well as being in close proximity to new developments, including Site 8 by Polygon, and the redevelopment of Lonsdale Quay.

Available Area* Unit 203

1,620 sf

Unit 204

1.045 sf

Unit 304A

400 sf

Unit 304B

467 sf

Demographics

Unit 304C

531 sf

Estimates and projections

Unit 400

175 sf

Unit 401

337 sf

Unit 402

5,680 sf

1 km

3 km

5 km

2013 population

14,303

64,838

229,036

2016 population

14,924

66,803

234,528

2013 daytime population

15,345

69,763

366,720

Population change (2011–2013)

2.80%

2.50%

3.10%

Immediately

Population change (2013–2016)

4.30%

3.00%

2.40%

Lease Rate (net)

2013 avg. household income

$63,520

$87,750

$81,215

2016 avg. household income

$68,825

$98,235

$90,635

* All measurements to be confirmed by the landlord.

Available

Office

$15.00 psf

Retail

$28.00 psf

Dominant age group

Operating Costs & Taxes

Median age

$7.90 psf (2015 estimate)

14

Subject Property 1

3 2

1 2

12

3

6

11

4 10 9 8

8 Site 8 (Polygon)

Lonsdale Quay

Surrounding Retailers

5

6

4

3

4

39.7

13

2 1

25 to 34 years

9

5

7

Waterfront Development

7

6 7 8 9 10

5 SeaBus Terminal

11 12 13 14

Source: Google

15

TD Canada Marketplace IGA Shoppers Drug Mart BC Liquor Store Seabus Terminal Lonsdale Quay Tap & Barrel Gusto Di Quattro Burgoo Burger The District Fishworks Waves Coffee Browns Social House (opening 2016) Crocodile Baby Starbucks

New Development 1

West Quay

2

Capstone

3

Bella Doni

4

The Versatile

5

The Anchor

6

Wallace & McDowell

7

Waterfront Development

8

Site 8 - Future Development

9

Presentation House

Floor Plans

885 sf

UNIT 101

LEASED

UNIT 204

UNIT 203

UNIT 108

UNIT 202

UNIT 201

FIRST FLOOR

SECOND FLOOR

UNIT 305

UNIT 304C UNIT 402

LEASED

Unit 402 UNIT 304B

UNIT 303

UNIT 304A

LEASED

LEASED

UNIT 302

UNIT 301

THIRD FLOOR

UNIT 401

FOURTH FLOOR

UNIT 400

Aerial image courtesy of Google, DigitalGlobe

Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada avisonyoung.com

© 2015 Avison Young. All rights reserved.

Matt Thomas, Vice-President 604.646.8383 [email protected]

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