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Sublease Highlights

  • Located at the intersection of Granville Street and SW Marine Drive.
  • Private entrance leads to a dedicated reception area.
  • Established plaza tenancy contributes to regular customer traffic.
  • Existing improvements support health, wellness, and personal service uses.
  • Flexible interior layout accommodates multiple operating formats.
  • Convenient access to Vancouver's West Side, Richmond, and YVR corridor.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 5,549 SF
  • Negotiable
  • $13.76 USD/SF/YR $1.15 USD/SF/MO $76,351 USD/YR $6,363 USD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now

Proudly represented by Royal Regal Realty, this is your chance to secure a Prime Sublease Opportunity ' 5,549 sq ft of beautifully improved, turnkey space with over $2 million in premium upgrades and renovations already completed. Previously operated as a high-end spa and fitness facility, the layout is versatile and can easily accommodate a spa, physiotherapy clinic, wellness centre, massage therapy, any health and lifestyle services, or other retail services subject to approval. A private entrance leads into a bright reception area, seamlessly connecting to a spacious main hall with flexible zones for group classes, spin, treatment rooms, offices, and more. Well-appointed men's and women's change rooms feature lockers, showers, and multiple toilets. Situated in a busy Plaza at Granville St and SW Marine Drive, this location offers exceptional visibility and steady foot traffic. Join a strong tenant mix including Liquor Store, Dollar Store, and a popular restaurant.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Beautifully improved, turnkey space
  • $2 million in premium upgrades
  • Versatile layout
  • Can easily accommodate a spa or wellness center
  • A private entrance leads into a bright reception
  • Change rooms feature lockers, showers, toilets
Space Size Term Rental Rate Rent Type
1st Floor 5,549 SF Negotiable $13.76 USD/SF/YR $1.15 USD/SF/MO $76,351 USD/YR $6,363 USD/MO Triple Net (NNN)

1st Floor

Size
5,549 SF
Term
Negotiable
Rental Rate
$13.76 USD/SF/YR $1.15 USD/SF/MO $76,351 USD/YR $6,363 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Proudly represented by Royal Regal Realty, this is your chance to secure a Prime Sublease Opportunity ' 5,549 sq ft of beautifully improved, turnkey space with over $2 million in premium upgrades and renovations already completed. Previously operated as a high-end spa and fitness facility, the layout is versatile and can easily accommodate a spa, physiotherapy clinic, wellness centre, massage therapy, any health and lifestyle services, or other retail services subject to approval. A private entrance leads into a bright reception area, seamlessly connecting to a spacious main hall with flexible zones for group classes, spin, treatment rooms, offices, and more. Well-appointed men's and women's change rooms feature lockers, showers, and multiple toilets. Situated in a busy Plaza at Granville St and SW Marine Drive, this location offers exceptional visibility and steady foot traffic. Join a strong tenant mix including Liquor Store, Dollar Store, and a popular restaurant.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Beautifully improved, turnkey space
  • $2 million in premium upgrades
  • Versatile layout
  • Can easily accommodate a spa or wellness center
  • A private entrance leads into a bright reception
  • Change rooms feature lockers, showers, toilets

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 1450 SW Marine Dr, Vancouver, BC V6P 5Z9

  • Tenant
  • Description
  • CAN Locations
  • Reach
  • Dragon Fit
  • Services
  • 1
  • -
  • Luminaire Hotel and Suites
  • Services
  • 1
  • -
  • Thaison Restaurant
  • Retailer
  • 1
  • -
  • Value on Liquor Store
  • Retailer
  • 1
  • -
Tenant Description CAN Locations Reach
Dragon Fit Services 1 -
Luminaire Hotel and Suites Services 1 -
Thaison Restaurant Retailer 1 -
Value on Liquor Store Retailer 1 -

Property Facts

Total Space Available 5,549 SF
Property Type Retail
Gross Leasable Area 38,606 SF
Total Land Area 1.00 AC
Year Built 1980
Parking Ratio 3.88/1,000 SF

About the Property

The property is a retail premises located within Luminaire Plaza at the intersection of Granville Street and SW Marine Drive in Vancouver, British Columbia. The premises contains approximately 5,549 square feet and includes a reception area, open activity areas, treatment rooms, offices, and change-room facilities with lockers and showers. Nearby plaza tenants include a liquor store, dollar store, and restaurant. The location provides access to Granville Street and SW Marine Drive transportation corridors.

  • Pylon Sign
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100

Nearby Major Retailers

Starbucks
Oxygen Yoga & Fitness
Scotiabank
RBC Royal Bank
TD Canada Trust
CIBC
White Spot
BMO
  • Listing ID: 41809090

  • Date on Market: 8/19/2026

  • Last Updated:

  • Address: 1450 SW Marine Dr, Vancouver, BC V6P 5Z9

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