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The Shipyard Commons 125 Victory Ship Way 921 SF of Retail Space Available in North Vancouver, BC V7L 0B3



HIGHLIGHTS
- Unobstructed Ocean Views
- The area is easily accessible from downtown Vancouver by way of a 12-minute ride on the SeaBus, with ~ 7.3 million riders per year.
- The area hosts a number of events and festivals including the Night Market, Farmer Market, and Christmas Festival.
- The Shipyards District has been developing and evolving over recent years, attracting a vibrant and urban demographic.
- The Shipyards District has over 600 businesses and the area continues to see new developments and businesses.
- Features outdoor skating rink and water park, contributing to the regional draw of the area, through all seasons.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 921 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Situated in the highly prominent location of The Shipyards, presents an exceptional opportunity. The Shipyards District, bustling with over 600 businesses, is experiencing continuous growth and development. Notable establishments such as The Polygon Art Gallery, The Shipyards, and Promenade have further enhanced the area’s appeal. Moreover, the neighboring Lonsdale Quay Market is now a comprehensive renovation that will give the property a modern facelift. The upgrades will include exterior facade enhancements, expansions at the entrances, complete revitalization of the waterfront deck, parking lot resurfacing, brand evolution, and various other property-wide improvements. The ground level features a flagship JOEY Shipyards, Nook Restaurant, Seaside hotel lobby, retail, café, fresh food and novelty food, and the community amenity space to service the waterpark and ice rink including skate rental.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
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 THE SHIPYARD COMMONS
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Capilano University
- -
- 1
- -
- Main Street Honey Shoppe
- -
- 1
- -
- Method Indoor Cycling
- -
- 1
- -
- Reckless eBikes, Skis & More
- -
- 1
- -
- The Wallace Venue
- -
- 1
- -
- Zenmaker Lab
- -
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Capilano University | - | 1 | - |
| Main Street Honey Shoppe | - | 1 | - |
| Method Indoor Cycling | - | 1 | - |
| Reckless eBikes, Skis & More | - | 1 | - |
| The Wallace Venue | - | 1 | - |
| Zenmaker Lab | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 921 SF | Gross Leasable Area | 31,433 SF |
| Property Type | Retail | Year Built | 2019 |
| Total Space Available | 921 SF |
| Property Type | Retail |
| Gross Leasable Area | 31,433 SF |
| Year Built | 2019 |
ABOUT THE PROPERTY
The Shipyards project is in the heart of the rapidly developing Lower Lonsdale neighbourhood, with a vibrant and urban demographic. Lower Lonsdale is easily accessible from downtown by way of a 12 minute ride on the Seabus, which has 6 million riders per year. This waterfront property is surrounded by boutique retail shops, cafés, restaurants, Lonsdale Quay Market & Hotel, and the newly opened Polygon Gallery. The area hosts a number of events and festivals including the Friday Night Markets, the Summer Concert Series at the Shipyards, Farmers Market, Carribbean Days Festival, and the Christmas Market making this area a destination all year round.
NEARBY MAJOR RETAILERS
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The Shipyard Commons | 125 Victory Ship Way
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