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5840 Minoru Blvd 48,635 SF of Retail Space Available in Richmond, BC V6X 2A9
Highlights
- Close to Richmond Centre, SkyTrain, restaurants, offices, and residential neighbourhoods
- High vehicle traffic and strong surrounding demographics
- Convenient access to Westminster Highway, No. 3 Road, and Highway 99
- Prime Richmond location with excellent street exposure
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 48,635 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Position your business at one of Richmond's most recognizable commercial locations. Situated on approximately 48,635 SF of rentable area in the city's established commercial district, 5840 Minoru Boulevard offers exceptional visibility, convenient access, and abundant on-site parking.
- Lease rate does not include utilities, property expenses or building services
- On-Site Parking
- Exceptional Visibility
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 | 48,635 SF | Gross Leasable Area | 48,635 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Auto Dealership | Parking Ratio | 1.27/1,000 SF |
| Total Space Available | 48,635 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 48,635 SF |
| Year Built | 1970 |
| Parking Ratio | 1.27/1,000 SF |
About the Property
5840 Minoru Boulevard is a commercial property located in Richmond City Centre, one of Metro Vancouver’s primary business and retail districts. The site occupies approximately 2.27 acres and has historically been operated as an automobile dealership, providing a large-scale commercial presence along a well-traveled corridor.? The property benefits from convenient access to major transportation routes, Vancouver International Airport, and Richmond’s extensive retail, office, and residential amenities. Its location near Richmond Centre, civic facilities, and Canada Line rapid transit supports strong regional connectivity. The surrounding area continues to experience significant mixed-use and residential development activity, contributing to ongoing commercial demand. The combination of a sizeable urban land parcel and a central Richmond location positions the property as a notable commercial asset within the market.
- Bus Line
Nearby Major Retailers
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5840 Minoru Blvd
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