

1/38197 MAIN STREET, Vancouver, BC V5X3L2
Price on request
—
Asset Class
Retail
Size
—
Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
82%
Year Built
1970
Prime opportunity to lease approximately 1,200 SF of retail space in the central Main & Marine area. The space is well suited for a restaurant, café, or other food-service concept and offers a blank canvas for your creative vision. The premises are delivered without equipment, allowing an incoming operator to design and build out the space to suit their specific needs. Lease Rate @ $37.00/SF base rent, additional rent @ $18.00/SF, + applicable taxes. Ideal for food-service operators looking to establish a new concept in a central and highly accessible location. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$66K
Annual cash flow
$-17K
Cash-on-cash
-3.83%
DSCR
0.79
Going-in cap
4.39%
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.
Trade area within 3 miles of the property.
Population
85,056
Households
34,495
Median income
$71,500
Median age
39.3
Daytime population
114,933
5-yr growth
5.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 8197 MAIN STREET, Vancouver.
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.