west esplanade north vancouver, bc

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Partnership. Performance.

260 Up to 24,500 sf of brand new high exposure office and retail space available for sale in North Vancouver’s commercial hub

Terry Thies, Principal* 604.646.8398 [email protected] * Personal Real Estate Corporation

Ian Whitchelo, Vice President* 604.647.5095 [email protected] * Personal Real Estate Corporation

WEST ESPLANADE NORTH VANCOUVER, BC

260 WEST ESPLANADE NORTH VANCOUVER, BC

Opportunity

Property Summary

West Quay offers a superb commercial purchase opportunity set within a well designed mixed-use development comprising residential units, retail opportunities and unique elevator-serviced office space, offering plenty of secured and visitor parking. The commercial space will be air-conditioned and some second floor units will offer exterior decks. West Quay will also feature destination change rooms complete with bicycle storage and showers for the exclusive use of the commercial tenants. Conveniently located in the historical Lower Lonsdale neighbourhood of North Vancouver, West Quay is only a short walk from the Lonsdale Quay and the SeaBus, with regular service to Vancouver’s downtown core.

Municipal Address

Location

260 West Esplanade, North Vancouver, BC Available Areas (approximate) Ground floor - 1,798 sf to 6,886 sf Second floor - 1,689 sf to 6,746 sf Parking Two stalls per 1,000 sf plus commercial visitor stalls Availability Estimated completion - August 2017 Zoning CD-649 This comprehensive development zone was designed to accomodate a wide range of commercial uses including, but not limited to, retail, office, assembly and non-profit uses. Please contact listing agents for a copy of the complete zoning bylaw.

West Quay is situated on the north side of West Esplanade directly across the street from Waterfront Park, accessible by a new controlled pedestrian crosswalk. Lower Lonsdale is the focal point of the North Shore’s commercial activity, where the Lonsdale Quay and the SeaBus terminal are located. In addition to access to public transit, the West Esplanade corridor offers retail stores, financial institutions, food services and many other amenities all within walking distance. This area is seeing a significant number of new mixed use developments being constructed and the City of North Vancouver is investing in the revitalization of the historic Shipbuilders Plaza at the foot of Lonsdale Avenue.

Amenities Lower Lonsdale is a popular destination offering views of the downtown Vancouver skyline and is home to Lonsdale Quay Market which offers over 80 specialty shops and services situated on North Vancouver’s waterfront. Also in the immediate area are two hotels, the Pinnacle Hotel at the Pier and Lonsdale Quay Hotel. The following are a sample of local and national retailers and restaurants in the immediate vicinity of West Quay: -- Starbucks

-- Anatoli Souvlaki

-- Pier 7

-- TD Canada Trust

-- IGA Marketplace

-- Green Leaf Brewing Co.

-- Tim Hortons

-- Quattro

-- COBS Bread

-- Bank of Montreal

-- Raglan’s

-- Tap & Barrel

-- Burgoo

-- Fish Works

-- Waves Coffee

-- Shoppers Drug Mart

-- The District

Floor Plans Ground Floor

SERVICE / COMMERCIAL AREA Unit 109

Unit 108

Unit 107

Unit 106

Unit 105

Unit 104

Unit 103

Unit 102

Unit 101

FUTURE RELEASE

Approximately 5,620 sf

Approximately 6,886 sf

Second Floor

Available Units Sold Units

COMMERCIAL OFFICE AREA Unit 209

Unit 208

Unit 207

Unit 206

Unit 205

Unit 204

Unit 203

Unit 202

Unit 201

FUTURE RELEASE

Approximately 6,746 sf

Approximately 5,149 sf

Available Units Ground Floor

Second Floor

Unit

Size*

Asking Sale Price

Unit

Size*

Asking Sale Price

101

2,589 sf

$1,698,000

201

2,437 sf

$1,498,000

102

1,798 sf

$1,168,000

202

1,689 sf

$998,000

103

2,499 sf

$1,598,000

203

2,620 sf

$1,488,000

104

1,992 sf

$1,268,000

204

SOLD

$988,000

105

1,814 sf

$1,148,000

205

SOLD

$948,000

106

1,814 sf

$1,148,000

206

SOLD

$948,000

* All measurements are approximate and subject to change

Boston Pizza IGA Empire Theatres

Shoppers Drug Mart BC Liquor Store Tim Hortons

Starbucks

The Pier

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Waterfront Park

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BMO

The Polygon Gallery (proposed)

Seabus

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u ven eA d al

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dS t re

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Lonsdale Quay Pier 7 Restaurant Waves Coffee

Quattro The District Shipyards Plaza (proposed)

Tap & Barrel Raglan’s

Developed by:

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

Terry Thies, Principal* 604.646.8398 [email protected] * Personal Real Estate Corporation

Ian Whitchelo, Vice President* 604.647.5095 [email protected] * Personal Real Estate Corporation

© 2015 Avison Young. All rights reserved. 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.