Your email has been sent.
188 Pender St E 4,699 SF of Retail Space Available in Vancouver, BC V6A 1T3
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,699 SF | 1-10 Years | $16.06 USD/SF/YR $1.34 USD/SF/MO $75,487 USD/YR $6,291 USD/MO | Triple Net (NNN) |
1st Floor
Must See! Approx. 4,699 SqFt corner street front retail unit is available in historic Chinatown of Vancouver East. It used to be Montreal Bank, and located at the corner of East Pender Street and pathway. From Main Street, it behind CIBC bank. Bus stop across the road, lots of restaurants in around, provide high foot traffic and exposure. Under HA-1 zoning, allow for a wider range of usage, such as retail, recreational, office, manufacturing and so on. It's an excellent opportunity for people who are looking to operate a business in such rich cultural Chinatown with convenient location. Don't miss, Call Now!
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Bank
- Central Air and Heating
- Private Restrooms
- Secure Storage
- corner street front retail unit
- Bus stop across the road
- high foot traffic
- wide range of usage
- lots of restaurants around
- convenient location
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.
PROPERTY FACTS
| Total Space Available | 4,699 SF | Gross Leasable Area | 17,232 SF |
| Property Type | Retail | Year Built | 1971 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,699 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 17,232 SF |
| Year Built | 1971 |
ABOUT THE PROPERTY
Those who enjoy a vibrant atmosphere and spending time in green spaces will feel at home in Strathcona. This part of the city has a large number of places to visit. There are crowds of people around most of the time, there is a vast selection of entertainment venues, and finding one of the a few bars is very easy as they are generally located very close by. Powell Street in particular offers a broad selection of nightlife. There are around 10 green spaces nearby for residents to check out, such as Strathcona Park, and they are especially well-spread out, which results in them being very easy to get to from the majority of locations within the neighbourhood.
NEARBY MAJOR RETAILERS
Presented by
188 Pender St E
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.