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Lee Building 127-129 E Pender St 558 - 4,960 SF of Retail Space Available in Vancouver, BC V6A 1T6
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 558 SF | Negotiable | $10.67 USD/SF/YR $0.89 USD/SF/MO $5,956 USD/YR $496.34 USD/MO | Triple Net (NNN) | ||
| 2nd Floor | 4,402 SF | Negotiable | $10.67 USD/SF/YR $0.89 USD/SF/MO $46,986 USD/YR $3,916 USD/MO | Triple Net (NNN) |
1st Floor
The building was well maintained with a secured inner courtyard as its centerpiece. Tenants include retail stores and offices.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
2nd Floor
The building was well maintained with a secured inner courtyard as its centerpiece. Tenants include retail stores and offices.
- Lease rate does not include utilities, property expenses or building services
- 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 Lee Building
- Tenant
- Description
- CAN Locations
- Reach
- Marianne Amodio Architecture Studio
- Other Services
- 1
- -
- Vancouver Chinatown Foundation
- Discount Store
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Marianne Amodio Architecture Studio | Other Services | 1 | - |
| Vancouver Chinatown Foundation | Discount Store | 1 | - |
Property Facts
| Total Space Available | 4,960 SF | Gross Leasable Area | 13,206 SF |
| Property Type | Retail | Year Built | 1972 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,960 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,206 SF |
| Year Built | 1972 |
About the Property
his historical property is located one-half block west of Main Street on East Pender Street in the Chinatown retail area. The Chinatown community has been undergoing substantial changes with the development of new residential and commercial mixed-use buildings. Night life is again alive in Chinatown with higher population and safer environment. In particular, East Pender Street has evolved into a popular dine-out “food street” frequented by locals and tourists.
Nearby Major Retailers
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Lee Building | 127-129 E Pender St
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