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Greystone Village Shopping Centre 1601 Burnwood Dr 14,254 SF of Retail Space Available in Burnaby, BC V5A 4H1
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 14,254 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Modern Retail Space in Burnaby Currently Fixtured as Grocery Store
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Excellent street exposure
- Ample surface parking
- Pylon signage opportunity
- Access/egress at Burnwood Drive and Greystone Dr
- Complementary tenant mix
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 Greystone Village Shopping Centre
- Tenant
- Description
- CAN Locations
- Reach
- Greystone Animal Hospital
- Health Care
- 1
- Local
- Greystone Dental Clinic
- MD/DDS
- 1
- Local
- Hop & Vine Liquor Store
- Liquor
- 1
- Local
- Pharmasave
- Drug Store
- 1,374
- National
- Sungiven
- Other Retail
- 12
- Regional
- TA Hair Salon
- Salon/Barber/Spa
- 1
- Local
| Tenant | Description | CAN Locations | Reach |
| Greystone Animal Hospital | Health Care | 1 | Local |
| Greystone Dental Clinic | MD/DDS | 1 | Local |
| Hop & Vine Liquor Store | Liquor | 1 | Local |
| Pharmasave | Drug Store | 1,374 | National |
| Sungiven | Other Retail | 12 | Regional |
| TA Hair Salon | Salon/Barber/Spa | 1 | Local |
Property Facts
| Total Space Available | 14,254 SF | Gross Leasable Area | 35,892 SF |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Freestanding | Parking Ratio | 2.03/1,000 SF |
| Total Space Available | 14,254 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 35,892 SF |
| Year Built | 1984 |
| Parking Ratio | 2.03/1,000 SF |
About the Property
The property is situated within Greystone Village, a neighbourhood retail centre located at the intersection of Greystone Drive and Burnwood Drive in North Burnaby’s Montecito area. The surrounding trade area is characterized by a dense residential population supported by strong household incomes. It is conveniently located near Simon Fraser University and in close proximity to the Eagle Creek Recreation Hub and the Burnaby Mountain Golf Course. The area is well served by multiple bus routes and is located near the Sperling–Burnaby Lake SkyTrain Station.
Nearby Major Retailers
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Greystone Village Shopping Centre | 1601 Burnwood Dr
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