For Lease · Retail

128 LONSDALE AVENUE, North Vancouver

128 LONSDALE AVENUE, North Vancouver, BC V7M2E8

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

85%

About this property

Exceptional opportunity to lease a high-exposure retail unit on the east side of Lonsdale Avenue in the heart of Lower Lonsdale. This 2, 586 SF ground-level space offers strong street presence with excellent frontage, signage exposure, and consistent pedestrian and vehicle traffic. The layout is efficient and versatile, suitable for a wide range of retail, service, or showroom uses. An additional 808 SF of improved office space is available, featuring three private offices-ideal for businesses requiring a mix of retail and administrative functions. Located just steps to The Shipyards District, Lonsdale Quay, and the SeaBus terminal, the property benefits from outstanding connectivity to Downtown Vancouver and a vibrant, amenity-rich neighbourhood. Surrounded by a dense mix of residential and commercial developments, this is a rare opportunity to secure a prime retail presence in one of North Vancouver's most active commercial corridors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

137,522

Households

52,974

Median income

$82,500

Median age

41.4

Daytime population

202,467

5-yr growth

5.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 128 LONSDALE AVENUE, North Vancouver.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.