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Outlook Village 31941 Lougheed Hwy 1,193 - 5,163 SF of Retail Space Available in Mission, BC V2V 1K9
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Building 8 | 1,193-3,713 SF | 10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Building 9 - CRU 8 | 1,450 SF | 10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
31831 Lougheed Hwy - 1st Floor - Ste Building 8
- 100,000 SF of Retail and 30,000 SF of Office - Total of 533 commercial parking stalls - Highly accessible by two signalized intersections - Flexible zoning allows for wide variety of commercial uses - Exceptional exposure onto Lougheed Hwy with traffic counts exceeding 35,000 VPD
- Partially Built-Out as Standard Retail Space
31831 Lougheed Hwy - 1st Floor - Ste Building 9 - CRU 8
- 100,000 SF of Retail and 30,000 SF of Office - Total of 533 commercial parking stalls - Highly accessible by two signalized intersections - Flexible zoning allows for wide variety of commercial uses - Exceptional exposure onto Lougheed Hwy with traffic counts exceeding 35,000 VPD
- Partially Built-Out as Standard Retail Space
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 OUTLOOK VILLAGE
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Gateway Chances
- Services
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Gateway Chances | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,163 SF | Center Properties | 7 |
| Min. Divisible | 1,193 SF | Gross Leasable Area | 59,347 SF |
| Center Type | Strip Center | Total Land Area | 11.11 AC |
| Parking | 1106 Spaces | Year Built | 2023 |
| Total Space Available | 5,163 SF |
| Min. Divisible | 1,193 SF |
| Center Type | Strip Center |
| Parking | 1106 Spaces |
| Center Properties | 7 |
| Gross Leasable Area | 59,347 SF |
| Total Land Area | 11.11 AC |
| Year Built | 2023 |
ABOUT THE PROPERTY
A gateway to the City of Mission, Outlook Village is a multi-phased, mixed-use development that is set to be a landmark entrance to a rapidly growing community. Upon full completion of commercial and residential, Outlook Village / Wren + Raven Hillside Homes will feature 130,000 square feet of retail/office space and 131 newly constructed residential homes. - District of Mission represents a fast growing, affluent trade area comprised of over 50,000 people - The primary trade area of Mission is projected to grow at a rate of 9.5% until 2029 - Mission experiences excellent commuter access to downtown Vancouver via the West Coast Express, with Mission City Station situated just over 2KM from Outlook Village
NEARBY MAJOR RETAILERS
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Outlook Village | 31941 Lougheed Hwy
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