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1468 Marine Dr SW 5,549 SF of Retail Space Available in Vancouver, BC V6P 5Z9
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,549 SF | Negotiable | $17.00 CAD/SF/YR $1.42 CAD/SF/MO $94,333 CAD/YR $7,861 CAD/MO | Triple Net (NNN) |
1st Floor
Proudly represented by Royal Regal Realty, this is your chance to secure a Prime Sublease Opportunity, 5,549 sq ft of beautifully improved, turnkey space with over $2 million in premium upgrades and renovations already completed. Currently operating as a high-end fitness facility, the layout is versatile and can easily accommodate a spa, physiotherapy clinic, wellness centre, massage therapy, any health and lifestyle services, or other retail services subject to approval. A private entrance leads into a bright reception area, seamlessly connecting to a spacious main hall with flexible zones for group classes, spin, treatment rooms, offices, and more. Well-appointed men's and women's change rooms feature lockers, showers, and multiple toilets. Situated in a busy Plaza at Granville St and SW Marine Dr, this location offers exceptional visibility and steady foot traffic. Join a strong tenant mix including Liquor Store, Dollar Store, and a popular restaurant. Owner open to partnership and investor opportunity
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
- 5,549 sq. ft. of beautifully improved, turnkey spa
- Currently a high-end fitness facility
- Private entrance with bright reception
- High-Visibility Location
- Well-appointed change rooms, showers and lockers
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.
SELECT TENANTS AT 1468 MARINE DR SW, VANCOUVER, BC V6P 5Z9
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Dollarama
- Dollar/Variety/Thrift
- 2,298
- National
- Luminaire Hotel and Suites
- Services
- 1
- -
- Thaison Restaurant
- Retailer
- 1
- -
- Value on Liquor Store
- Retailer
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Dollarama | Dollar/Variety/Thrift | 2,298 | National |
| Luminaire Hotel and Suites | Services | 1 | - |
| Thaison Restaurant | Retailer | 1 | - |
| Value on Liquor Store | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,549 SF | Year Built | 1980 |
| Property Type | Retail | Parking Ratio | 3.88/1,000 SF |
| Gross Leasable Area | 38,606 SF |
| Total Space Available | 5,549 SF |
| Property Type | Retail |
| Gross Leasable Area | 38,606 SF |
| Year Built | 1980 |
| Parking Ratio | 3.88/1,000 SF |
FEATURES AND AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
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1468 Marine Dr SW
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