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Old Federal Bldg 15045-15047 Marine Dr 3,000 - 6,000 SF of Office/Retail Space Available in White Rock, BC V4B 1C3
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 3,000-6,000 SF | 5 Years | $25.00 CAD/SF/YR $2.08 CAD/SF/MO $150,000 CAD/YR $12,500 CAD/MO | Triple Net (NNN) |
2nd Floor
15047 Marine Drive, White Rock, BC Secure your business location directly on the water! This exceptional, multi-level offering totals 6,000 square feet with unparalleled expansive, south-facing ocean views that will impress clients and inspire your team. Unbeatable Amenities & Location: Ocean Views: Floor-to-ceiling vistas of the Pacific Ocean and White Rock Pier—a truly distinctive workspace. Convenient Parking: Includes two dedicated parking spaces, a rare and valuable asset on Marine Drive. Flexible Space: Utilize the entire 6,000 SF for a flagship operation, or leverage the turnkey infrastructure of the former 3,000 SF gym space. High Traffic: Benefit from constant pedestrian and vehicle exposure in White Rock's premier destination. This is the waterfront presence your business deserves. Contact Aaron van Wachem to arrange a viewing!
- 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.
SELECT TENANTS AT OLD FEDERAL BLDG
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- FIVE
- Restaurant
- 1
- Local
- Hash Chain Technology Inc
- Finance and Insurance
- 1
- -
- Maya's Ice Cream
- Accommodation and Food Services
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| FIVE | Restaurant | 1 | Local |
| Hash Chain Technology Inc | Finance and Insurance | 1 | - |
| Maya's Ice Cream | Accommodation and Food Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 6,000 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 3,000 SF | Gross Leasable Area | 8,636 SF |
| Property Type | Retail | Year Built | 1958 |
| Total Space Available | 6,000 SF |
| Min. Divisible | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,636 SF |
| Year Built | 1958 |
FEATURES AND AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
Presented by
Commercial Court Leasing
Old Federal Bldg | 15045-15047 Marine Dr
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