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The Shipyard Commons 125 Victory Ship Way 11,300 SF of Office Space Available in North Vancouver, BC V7L 0B3
Sublease Highlights
- Located within North Vancouver's waterfront Shipyards District.
- Surrounded by restaurants, cafés, offices, and residential uses.
- Accessible to downtown Vancouver via direct transit connection.
- Minutes from Lonsdale Quay Market and SeaBus service.
- Positioned within a mixed-use waterfront commercial environment.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 250 | 11,300 SF | Sep 2029 | Upon Request Upon Request Upon Request Upon Request | TBD |
2nd Floor, Ste 250
Available on 30 days notice. Second floor space for lease with collaborative workspaces, private meeting rooms and bright flexible space. The space is well suited to a variety of uses including office, institutional, retail or amenity use. Adjacent patio.
- Sublease space available from current tenant
- Space is in Excellent Condition
- Collaborative Workspaces
- Private Meeting Rooms
- Reception Area
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
- -
- JOEY Restaurants
- -
- -
- -
- Main Street Honey Shoppe
- -
- 1
- -
- Method Indoor Cycling
- -
- 1
- -
- The Wallace Venue
- -
- 1
- -
- Zenmaker Lab
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Capilano University | - | 1 | - |
| JOEY Restaurants | - | - | - |
| Main Street Honey Shoppe | - | 1 | - |
| Method Indoor Cycling | - | 1 | - |
| The Wallace Venue | - | 1 | - |
| Zenmaker Lab | - | 1 | - |
Property Facts
| Total Space Available | 11,300 SF | Gross Leasable Area | 31,433 SF |
| Property Type | Retail | Year Built | 2019 |
| Total Space Available | 11,300 SF |
| Property Type | Retail |
| Gross Leasable Area | 31,433 SF |
| Year Built | 2019 |
About the Property
125 Victory Ship Way is located within The Shipyards District, one of North Vancouver's most active waterfront commercial destinations. Positioned in the heart of Lower Lonsdale, the property benefits from proximity to Lonsdale Quay Market, the SeaBus terminal, and a diverse mix of restaurants, cafés, offices, residential developments, and community attractions. The area's pedestrian-oriented environment and year-round programming contribute to consistent activity throughout the district.
- Air Conditioning
Nearby Major Retailers
Presented by
The Shipyard Commons | 125 Victory Ship Way
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