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Le Magasin 332 Water St 879 SF of Retail Space Available in Vancouver, BC
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 205 | 879 SF | Negotiable | $33.69 USD/SF/YR $2.81 USD/SF/MO $29,611 USD/YR $2,468 USD/MO | Triple Net (NNN) |
2nd Floor, Ste 205
• Spacious unit with a striking glass storefront, offering outstanding visibility and strong signage opportunities. • Large display windows that flood the space with natural light. • Impressive ceiling heights creating an open and inviting atmosphere.
- Lease rate does not include utilities, property expenses or building services
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 | 879 SF | Year Built | 1911 |
| Property Type | Retail | Parking Ratio | 0.18/1,000 SF |
| Gross Leasable Area | 21,208 SF |
| Total Space Available | 879 SF |
| Property Type | Retail |
| Gross Leasable Area | 21,208 SF |
| Year Built | 1911 |
| Parking Ratio | 0.18/1,000 SF |
ABOUT THE PROPERTY
332 Water Street is located in Le Magasin, a stunning, fully restored character building nestled in the heart of historic Gastown. Gastown is an internationally-renowned heritage zone, both a bustling tourist destination and a trendy gathering place for locals. Characterized by cobblestone streets, brick and timber heritage buildings, and abundant historical charm, the district houses a thriving fashion scene, various upscale home décor boutiques, several independent art galleries, and some of the best culinary fare and busiest gastro pubs in Vancouver. Numerous acclaimed restaurants, including L’Abattoir, Water St. Café, and Pidgin, as well as a thriving retail market including COS by H&M, Roden Gray, Herschel Supply Co., Oak + Fort, and Inform Interiors, have established Gastown as one of the most stylish neighborhoods in the world. Features • Located in a high foot and vehicle traffic area, surrounded by numerous boutique retailers, popular cafés, and lounges • Rare character retail spaces in the heart of Gastown • Beautifully restored building just steps from the iconic Steam Clock • Just minutes to Waterfront Station with several private parkades nearby • Unique entrances allow building access from both Water Street and West Cordova Street
- Bus Line
NEARBY MAJOR RETAILERS
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Le Magasin | 332 Water St
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