For Sale · Retail

1086 MARINE DRIVE, North Vancouver

1086 MARINE DRIVE, North Vancouver, BC V7P3C4

$2.7M total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

96%

Year Built

2026

About this property

Located on Marine Drive'one of North Vancouver's key east'west corridors with strong daily traffic'this newly constructed ground-level retail unit offers excellent exposure and accessibility. Delivered in shell condition, the space provides flexibility for businesses to design and build out to their specific needs. The prominent storefront and signage opportunities allow for strong visibility, benefiting from the steady flow of vehicles along this high-traffic route. The property is well connected, just minutes from the Lions Gate Bridge and downtown Vancouver, and conveniently close to Park Royal Shopping Centre in West Vancouver. Positioned within an evolving residential neighbourhood and supported by solid North Shore demographics, 1086 Marine Drive presents a great opportunity for retail and service-oriented users looking for long-term presence and exposure. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.70M
Down payment30% · $810K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$174K

Annual cash flow

$24K

Cash-on-cash

3.03%

DSCR

1.16

Going-in cap

6.45%

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

106,602

Households

49,296

Median income

$68,000

Median age

39

Daytime population

164,302

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 1086 MARINE DRIVE, 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.