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1551 Johnston St 567 - 2,663 SF of Office Space Available in Vancouver, BC V6H 3R9
Highlights
- Surrounded by an abundance of restaurants, retailers, cafes and the Granville Island Market
- Suites are improved with predominantly open plan layouts, kitchenettes and loft areas
- Located directly under the Granville Street Bridge
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 201A | 1,050 SF | Negotiable | $50.72 CAD/SF/YR $4.23 CAD/SF/MO $53,256 CAD/YR $4,438 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 207 | 1,046 SF | Negotiable | $48.72 CAD/SF/YR $4.06 CAD/SF/MO $50,961 CAD/YR $4,247 CAD/MO | Triple Net (NNN) | ||
| 3rd Floor, Ste 301A | 567 SF | Negotiable | $52.74 CAD/SF/YR $4.40 CAD/SF/MO $29,904 CAD/YR $2,492 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste 201A
Corner unit, mostly open plan area with small loft and kitchenette. Contact leasing agent for additional information.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 9 People
- Corner Space
- Open-Plan
- Small loft included.
- Kitchen area for tenants.
2nd Floor, Ste 207
Mostly open area with a small loft and kitchenette. Contact leasing agent for additional information.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 9 People
- Open-Plan
- Small loft included.
- Kitchen area for tenants.
3rd Floor, Ste 301A
Open area with kitchenette. Contact leasing agent for additional information.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 2 - 5 People
- Kitchen area for tenants.
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 1551 Johnston St, Vancouver, BC V6H 3R9
- Tenant
- Description
- CAN Locations
- Reach
- Dragonspace
- Retailer
- 1
- -
- Granville Island Tea Co.
- -
- 1
- -
- koka architecture + design
- -
- 1
- -
- Laborec Venture Ltd.
- -
- 1
- -
- Mystery Stitch Designs
- -
- 1
- -
- Rhinoceros
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Dragonspace | Retailer | 1 | - |
| Granville Island Tea Co. | - | 1 | - |
| koka architecture + design | - | 1 | - |
| Laborec Venture Ltd. | - | 1 | - |
| Mystery Stitch Designs | - | 1 | - |
| Rhinoceros | - | 1 | - |
Property Facts
| Total Space Available | 2,663 SF | Gross Leasable Area | 35,629 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Freestanding |
| Total Space Available | 2,663 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 35,629 SF |
| Year Built | 1920 |
About the Property
1551 Johnston Street is a commercial property located on Granville Island in Vancouver, British Columbia. The property was originally constructed in 1941 and underwent a major improvement in 1965. The building contains office and commercial uses and is situated within the FCCDD Comprehensive Development zoning area. The property is positioned among retail, food-service, cultural, and business uses within the Granville Island district and is accessible from surrounding Vancouver neighborhoods.
- 24 Hour Access
- Bus Line
- Restaurant
- Security System
- Signage
- Accent Lighting
- Air Conditioning
- Balcony
- Smoke Detector
Nearby Major Retailers
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1551 Johnston St
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