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105-111 E 2nd St 511 SF of Retail Space Available in North Vancouver, BC V7M 2E8
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 511 SF | Negotiable | $75.00 CAD/SF/YR $6.25 CAD/SF/MO $38,325 CAD/YR $3,194 CAD/MO | Triple Net (NNN) |
1st Floor
107 2nd St E is in view from vehicular and pedestrian traffic on Lonsdale Ave and directly exposed to the well trafficked 2nd St corridor. Many national brand tenants and well established local culinary food and other retail as well as service and amenity based businesses make up the landscape along Lonsdale Ave, surrounding cross streets as well as nearby back lanes. The Shipyards is a major North Shore hub for tourists and locals attracting thousands weekly supplemented by events including the Night Markets, festivals and concerts, the SeaBus, Lonsdale Quay Market and other amenities including The Polygon Gallery making Lower Lonsdale a vibrant, high-traffic destination. The storefront glass will be renewed and the space is currently mostly open plan with three sinks, two which are commercial grade and set up for food and beverage uses.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT 105-111 E 2ND ST, NORTH VANCOUVER, BC V7M 2E8
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Chicken Box
- Accommodation and Food Services
- -
- -
- Neighborhood Barber Shop
- Services
- 1
- -
- Sushi Bella
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Chicken Box | Accommodation and Food Services | - | - |
| Neighborhood Barber Shop | Services | 1 | - |
| Sushi Bella | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 511 SF | Gross Leasable Area | 6,312 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront |
| Total Space Available | 511 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 6,312 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
107 2nd St E is in view from vehicular and pedestrian traffic on Lonsdale Ave and directly exposed to the well trafficked 2nd St corridor. Many national brand tenants and well established local culinary food and other retail as well as service and amenity based businesses make up the landscape along Lonsdale Ave, surrounding cross streets as well as nearby back lanes. The Shipyards is a major North Shore hub for tourists and locals attracting thousands weekly supplemented by events including the Night Markets, festivals and concerts, the SeaBus, Lonsdale Quay Market and other amenities including The Polygon Gallery making Lower Lonsdale a vibrant, high-traffic destination. The storefront glass will be renewed and the space is currently mostly open plan with three sinks, two which are commercial grade and set up for food and beverage uses.
NEARBY MAJOR RETAILERS
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105-111 E 2nd St
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