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Village Green Centre 4900 27th St 1,055 - 8,956 SF of Retail Space Available in Vernon, BC V1T 7G7
Highlights
- Regional enclosed shopping centre serving a total trade area of nearly 145,000 people.
- 365,252 sq. ft. of gross leasable area housing 66 retailers and services.
- Mix of national anchors, restaurants, services, and specialty retailers serving Vernon and surrounding communities.
- Prominent corner location with direct access to Highway 97, the main north–south Okanagan corridor.
- Strong demographics: 75.8% homeownership and 7.7% projected five-year population growth.
- Transit exchange located adjacent to the southwest parking lot for convenient access.
Space Availability (6)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 30 | 1,314 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 320 | 2,491 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 390 | 1,978 SF | 1 Year | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 40 | 1,055 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 760 | 1,059 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 760 | 1,059 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 30
1st Floor, Ste 320
1st Floor, Ste 390
Village Green forms a part of regular day-to-day activities for the residents of Vernon and acts as a popular weekend shopping destination for visitors and neighbouring residents through its ideal location, easy access and parking and established tenant mix accommodating adults and youth alike.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Transit exchange located near parking.
- Over 2.7 million shoppers per year.
- 66 shops and services in Village Green.
1st Floor, Ste 40
1st Floor, Ste 760
1st Floor, Ste 760
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 | 8,956 SF | Gross Leasable Area | 364,474 SF |
| Property Type | Retail | Year Built | 1975 |
| Total Space Available | 8,956 SF |
| Property Type | Retail |
| Gross Leasable Area | 364,474 SF |
| Year Built | 1975 |
About the Property
This offering highlights Village Green Centre in Vernon, British Columbia—a major enclosed regional shopping centre serving as the dominant retail destination for the Northern Okanagan. The centre supports a large and growing trade area and is anchored by major national retailers, complemented by a diverse mix of shops, restaurants, services, and lifestyle tenants. With strong demographic fundamentals, high household income levels, and consistent regional visitation, the property plays an essential role in the day-to-day shopping patterns of local residents and visitors alike. Village Green Centre is located at 4900 – 27th Street in Vernon, situated at the intersection of 48th Avenue and 27th Street—one of the city’s primary commercial corridors with direct access to Highway 97, the Okanagan’s key north-south route. The location benefits from excellent visibility, easy access, and proximity to surrounding residential areas. The property features 365,252 square feet of gross leasable area with 66 stores and services, ample parking, and a transit exchange positioned near the southwest parking lot. The centre forms an integral part of the community’s retail landscape and is a preferred shopping destination for both local residents and regional visitors.
Nearby Major Retailers
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Village Green Centre | 4900 27th St
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