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.