jack allpress* michael heck...michael heck 604 398 4379 [email protected] jack allpress* 604 638 1975...
TRANSCRIPT
FOR LEASEWEST 48TH AVENUE & WEST BOULEVARD
VANCOUVER, BC
FORM REAL ESTATE ADVISORS INC.
MICHAEL HECK604 398 [email protected]
JACK ALLPRESS*604 638 [email protected]
*Personal Real Estate Corporation
FOR LEASENEW RETAIL UNITS TO BE CONSTRUCTED
IN THE HEART OF KERRISDALEWEST 48TH AVENUE & WEST BOULEVARD | VANCOUVER, BC
FORM REAL ESTATE ADVISORS
FOR LEASEWEST 48TH AVENUE & WEST BOULEVARD
VANCOUVER, BC
FORM REAL ESTATE ADVISORS INC.
West Boulevard (19, 375 VPD)
East Boulevard
W 4
9th
Ave
nu
e
Arbutus Street
W 4
8th
Ave
nu
e
W 4
7th
Ave
nu
e
Arbutus Greenway
SUBJECT SITE
Opening Soon
SALIENT FACTS
MUNICIPAL ADDRESS 6347 West Boulevard, Vancouver, BC
SITE SIZE 31,215 SF
GROSS LEASABLE AREA 14,403 SF
TRAFFIC COUNTS (2017) West Boulevard - 19,375 vehicles per day
ACCESS/EGRESS All direction access/egress off West Boulevard at 47th and 48th Avenue
PARKING Approximately 42 stalls
CEILING HEIGHTS 14’ - 16’
ZONING C-2: The intent is to provide for a wide range of commercial uses serving both local and city wide needs
POSSESSION Q1 - 2019
ASKING PRICE/RATES Please contact listing agent
OPPORTUNITY0987216 B.C. LTD. (the “Landlord”) has entered into a firm and binding contract for the purchase of the subject retail premises. The Landlord wishes to pre-lease the premises in advance of completing the aforesaid purchase transaction. DEVELOPMENTRare opportunity to acquire or lease high quality, newly constructed retail units in the heart of Kerrisdale in a mixed-use residential development comprising of 40 residential units adjacent to a newly constructed development anchored by Save On Foods and comprised of 37 high end residential suites.
The project offers ample street exposure with over 19,375 vehicles per day along West Boulevard. The property is perfectly situated to service existing and continued residential growth in an immense and highly affluent trade area of the Kerrisdale neighbourhood. The estimated completion date is in Q1 - 2019.
HIGHLIGHTS• Excellent exposure at a prominent corner along West Boulevard (19,375 vehicles
per day)
• Population of 82,509 people within a 3 kilometre radius of the Subject Property, and is projected to grow significantly (6.7%) by 2022
• Situated in the heart of Kerrisdale with the main retail corridor located along West 41st between Larch and Maple Street and along West Boulevard between West 37th and West 27th Avenue .
• The recently completed Arbutus Greenway connects the subject site to both SW Marine Drive and W 12th and will be a pedestrian and bike friendly route for the community.
$161,705AVERAGE HOUSEHOLD INCOME (1 KM RADIUS)
$$
CONCRETE CONSTRUCTION
High Quality
KerrisdaleLOCATED IN THE HEART OF
NEW MIXED- USE DEVELOPMENT
40 WITH APPROXIMATELY
New Homes
EXCELLENT EXPOSURE TO
Pedestrian Traffic& Vehicular
14,403 SFOF LEASABLE SPACE
FOR LEASEWEST 48TH AVENUE & WEST BOULEVARD
VANCOUVER, BC
FORM REAL ESTATE ADVISORS INC.
SITE PLAN
Commercial Garbage& Recycling Room
Commercial Loading Bay
Residential
Commercial Lobby
Residential Lobby
Courtyard
Receiving Dock
CRU 1 & 29,441 SF*
CRU 31,464 SF*
CRU 41,734 SF*
CRU 51,764 SF*
Residential Residential Residential
W 4
8th
Ave
nu
e
West Boulevard (19,375 VPD)
W 4
7th
Ave
nu
e
Arbutus Greenway
(Paved Pedestrian and Bike Path from SW Marine Drive to W 12th Avenue)
Opening Soon
Leased
Available
*Sizes are approximate and subject to re-measurement
UNIT SIZE (SF) STATUS/TENANT
CRU 1 & 2 9,441 Kerrisdale Lumber
CRU 3 1,464 Available
CRU 4 1,734 Available
CRU 5 1,764 Available
FOR LEASEWEST 48TH AVENUE & WEST BOULEVARD
VANCOUVER, BC
FORM REAL ESTATE ADVISORS INC.
FORM REAL ESTATE ADVISORS INC. 1280-333 SEYMOUR STREETVANCOUVER, BC V6B 5A6
T 604 638 2121 F 604 638 2122FORM.CA
FOR LEASENEW RETAIL UNITS TO BE CONSTRUCTED
IN THE HEART OF KERRISDALEWEST 48TH AVENUE & WEST BOULEVARD | VANCOUVER, BC
W 41st Avenue
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Queen ElizabethPark
Oakridge Centre
SUBJECT SITE(Opening Soon)
KERRISDALE / WEST SIDE | VANCOUVER, BC
Arbutus Greenw
ay
All communications and inquiries related to this opportunity, or requests for additional information or requests regarding procedures, must be made to the Form Real Estate Advisors Inc. agents named on the first page. No personnel of the Vendor or any of its affiliates should be contacted directly under any circumstance.
Disclaimer: None of the Vendor, its affiliates, Form Real Estate Advisors Inc. or any of their respective representatives makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document, and interested parties should conduct their own independent analysis of the information contained or referred to herein. Nothing contained in this document is, or should be relied on as, a promise or representation, whether as to the past or the future. The Vendor, its affiliates, Form Real Estate Advisors Inc. and their respective representatives are under no obligation to accept any offer made by any person or entity regarding this opportunity.
2017 ESTIMATES & PROJECTIONS 1 KM 3 KM 5 KM
Population 12,774 82,509 245,505
Households 5,355 30,328 104,139
Average Household Income $161,705 $156,397 $119,539 * Scores are measured on how well a location is positioned by the following categories. For more information on scores and methodology visit https://www.walkscore.com/methodology
WALKING SCORE: 87*
BIKE SCORE: 98*
VERY WALKABLE
BIKER’S PARADISE