for flex-office

CBRE Limited Vancouver | 1111 West Georgia Street | Suite 600 | Vancouver, BC V6E 4M3

DARK GREEN LIGHT GREEN ORANGE RICH BLACK

CBRE COLOURS FOR BROCHURES

Jim Szabo*

Vice Chairman

National Investment Team

Vancouver

604.662.5125

[email protected]

Tony Quattrin*

Vice Chairman

National Investment Team

Vancouver

604.662.5154

[email protected]

*Personal Real Estate Corporation

FL EX- OFF ICE

INV ESTMENT OPPORTUNITY

FOR MORE

INFORMATION

PLEASE

CONTACT:

FOR

SALE 1 7 8 1 W e s t 7 5t h

A v e n u e , V a n c o u v e r B . C .

Blair Quinn*

Executive Vice President

The High Technology Facilities

Group

604.662.5161

[email protected]

• Fully leased, single-tenant, flex-industrial/office building

• Annual rental steps provide for consistent growth

• Convenient distance to Highway 99, Granville Street,

YVR, UBC and public transit

• Fully leased, single-tenant, flex-industrial/office

building

• Annual rental steps provide for consistent growth

• Convenient distance to Highway 99, Granville Street,

YVR, UBC and public transit

CBRE Limited is pleased to

present the opportunity to

purchase a rare two-storey

flex-industrial/office building

located in South Vancouver.

The 46,032 SF, fully-leased,

single-tenant site boasts a

highly unique mix of office,

warehouse, and high-tech

manufacturing/lab space, as

well as

enjoys close proximity to

public transit, restaurants,

and major Vancouver

thoroughfares.

CBRE Limited is pleased to present the rare opportunity to purchase 1781 West 75th Avenue, a two-storey, 46,032

SF flex-office building in South Vancouver’s burgeoning Marpole neighbourhood.

Property Highlights:

Close proximity to YVR, UBC, Downtown Vancouver and Richmond, with easy access via Granville St.,

Southwest Marine Drive and HWY 99

Flexible mix of office, warehouse, shipping and high-tech manufacturing/lab space

Fully leased to a single tenant with 7.75 years remaining

Annual rent steps of 3.0% per annum provide for consistent income growth

Option to renew lease term for two consecutive five year terms; limited options for tenant to relocate

CBRE Limited is pleased to

present the rare opportunity

to purchase a flex-industrial /

office building locating in the

burgeoning Marpole

neighbourhood in South

Vancouver

The information contained herein was obtained from sources we believe to be reliable. However, neither CBRE, nor the property owner have verified the information and make no representation, warranty or guarantee of its

accuracy or completeness. The information provided is for informational purposes only and is provided subject to the possibility of errors, omissions, change in offering terms, withdrawal of offering without notice and to any other

special listing conditions. You and your tax, legal, and financial advisors agree to conduct an independent investigation.



BUILDING DETAILS

• 46,032 SF flex-office building on a 1.38 acre site

• Single-tenant building fully-leased with 7.75 years remaining in term

• Renovated extensively in 1998, 2004 and 2012

• Four loading bays: three at-grade and one dock level

• Second floor served by 4 stairways and a double door, freight-capable

elevator

• Large board rooms and flexible demountable office space

1 7 8 1 W e s t 7 5t h

A v e n u e , V a n c o u v e r , B . C . FOR SALE:

Municipal Address

1781 West 75th Ave. Vancouver BC

Legal Descriptions

Lt 2, 3, 4 Block 2 Dist Lot 317

Pln 20074

PIDs

004-264-100

004-264-126

004-264-231

Site Area

1.38 acres (60,063 SF)

Approximate Frontage

295 feet along 75th Avenue

Zoning

CD-1

Net Rentable Area

46,032 SF

FY1 Base Rent & TI Rent Total Income

$1,859,335

Parking/Loading

42 stalls

4 loading bays

Price

Bid Process

(See Agent for Details)

PROPERTY SUMMARY

MIXED-USE BUILDING

ATTRACTIVE AMENITIES

• Second floor balcony with river views

• Abundant natural light – large windows on three sides plus office skylights

• Staff kitchen and lunchrooms, as well as an outdoor eating area

• Transitional meeting and entertainment area with accordion folding walls

• Adjacent to and across from Fraser River Park

• Office / Admin

• Warehouse

• Manufacturing

• Packaging / Distribution

• Level 2 Biohazard Labs

(Certified by Health Canada)

The information contained herein was obtained from sources we believe to be reliable. However, neither CBRE, nor the property owner have verified the information and make no

representation, warranty or guarantee of its accuracy or completeness. The information provided is for informational purposes only and is provided subject to the possibility of errors,

omissions, change in offering terms, withdrawal of offering without notice and to any other special listing conditions. You and your tax, legal, and financial advisors agree to conduct

an independent investigation.



VANCOUVER INDUSTRIAL MARKET OVERVIEW

• Vancouver’s industrial market is shifting away from light manufacturing

towards more service orientated and flex-office uses.

• Demand for industrial product along with regional economic conditions

have created expansion and acquisition opportunities for investors.

• Vacancy rate for industrial properties remains at 3.2% in the City of

Vancouver, demonstrating the strong demand for industrial space.

• There are currently few opportunities for purchasing flex-industrial

buildings in the City of Vancouver.

A U n i q u e F l e x - O f f i c e B u i l d i n g

A R a r e O p p o r t u n i t y t o R e l o c a t e o r I n v e s t i n V a n c o u v e r

LOCATION OVERVIEW

• The Subject Property is located on the north side of West 75th Avenue, in South Vancouver’s growing and

developing Marpole neighbourhood.

• The Property is situated conveniently close to the Marpole Bus Loop, providing for easy transit connections to

Downtown Vancouver, New Westminster, Richmond and the University of British Columbia.

• The Property enjoys close proximity to the Vancouver International Airport, as well as some of Vancouver’s

major thoroughfares - Granville Street, Southwest Marine Drive and Highway 99.

BUILDING AREA

(Approximate)

GROUND FLOOR Office: 4,256 SF

Lab/Manufacturing/Packaging 13,200 SF

Warehouse Space: 10,752 SF

MEZZANINE Office 4,768 SF

Lab/Manufacturing/Packaging 11,424 SF

Warehouse Space 1,632 SF

TOTAL: 46,032 SF



omissions, change in offering terms, withdrawal of offering without notice and to any other special listing conditions. You and your tax, legal, and financial advisors agree to conduct

an independent investigation.



This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The

information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified

by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability,

direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to

verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at

any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other

countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services

[email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.

Downtown

Calgary

CBRE Limited Vancouver | 1111 West Georgia Street | Suite 600 | Vancouver, BC V6E 4M3

FOR SALE

R A R E V A N C O U V E R F L E X - O F F I C E

B U I L D I N G

1 7 8 1 W e s t 7 5t h

A v e . , V a n c o u v e r B . C .

Jim Szabo*

Vice Chairman

National Investment

Team - Vancouver

604.662.5125

[email protected]

Tony Quattrin*

Vice Chairman

National Investment

Team - Vancouver

604.662.5154

[email protected]

FOR MORE INFORMATION, PLEASE CONTACT:

*Personal Real Estate Corporation

Blair Quinn*

Executive Vice President

The High Technologies

Facilities Group

604.662.5161

[email protected]

YVR

UBC

Vancouver Transit

Centre (Marpole Loop)

DOWNTOWN VANCOUVER

RICHMOND

Arthur Laing

Bridge

Canada Line

Skytrain

SUBJECT

PROPERTY

Subject Property



omissions, change in offering terms, withdrawal of offering without notice and to any other special listing conditions. You and your tax, legal, and financial advisors agree to conduct an

independent investigation.

for flex-office

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