FOR SALE STRATA RETAIL UNIT TENANTED BY RBC 1189 Pacific Boulevard, , BC

CONTACT US

ADRIAN BERUSCHI CHRIS TAYLOR MATT WASYLYNKO PERSONAL REAL ESTATE CORPORATION PERSONAL REAL ESTATE CORPORATION +1 604 662 5192 +1 604 662 5138 +1 604 662 5157 [email protected] [email protected] [email protected] FOR SALE 1189 PACIFIC BLVD, VANCOUVER

THE OPPORTUNITY CBRE Limited is pleased to present 1189 Pacific Blvd, a rare opportunity to invest in one of Vancouver's most sought after neighborhoods. The subject property comprises of one (1) commercial strata unit and houses half of the RBC Bank.

The property is located just steps away from the Yaletown-Roundhouse SkyTrain Station and boasts high visibility with frontage on Pacific Boulevard. Yaletown-Roundhouse SkyTrain Station PROPERTY OVERVIEW

CIVIC ADDRESS TENANCIES 1189 Pacific Blvd, Vancouver Royal Bank of Canada

PID ANNUAL NET INCOME 018-681-182 $73,968

UNIT SIZE* PARKING 909.6 SF Two (2) parking stalls Stall #36 & #42 ZONING** CAP RATE CD-1 3.25%

PROPERTY TAXES (2020) ASKING PRICE $10,377 $2,320,000

*Approximate and subject to confirmation. **Tenant is responsible for verifying permissible uses as per the zoning. FLOOR PLANS

NEIGHBOURHOOD OVERVIEW TENANCY SCHEDULE

LEASE Yaletown is a historically rich and magnetic area of . Once a gritty, industrial ADDRESS TENANT LEASE TERM RENT (PSF) ANNUAL RENT AREA pocket of the downtown peninsula, Yaletown has been redeveloped to its current amenity rich state, offering abundant top rated restaurants and hotels mixed in with residences, commercial 1189 Royal Bank of June 2018 - May 2021 $80 PSF 909.6 SF $72,768 office spaces and shopping amenities delivering vibrancy day and night. Knowledge based, Pacific Blvd Canada June 2021 - May 2023 $83 PSF technology and gaming companies have been drawn to the character brick and beam warehouse $100 per Parking 1 stall $1,200 conversion buildings available in Yaletown. Just steps from the Seawall and Yaletown RoundHouse Month Canada Line Station, Yaletown delivers a perfect combination of work and play atmosphere with Total Annual Rent $73,968 easy access to surrounding areas of periphery and core downtown Vancouver. ABOUT THE TENANT TRANSIT DETAILS This RBC branch has been operating for 20+ years and is Steps away from Yaletown-Roundhouse Canada Line Station connecting Waterfront Station to well-established in the neighbourhood. RBC is the largest YVR Vancouver International Airport. Easy access to multiple downtown bus routes just steps bank in Canada by market capitalization and serves 16 from the property and only two blocks away from the aquabus which provides quick transport to million clients with 86,000+ employees worldwide. It is numerous locations including Olympic Village, , and Kitsilano. considered a AAA tenant with strong and stable revenue. BURRARD STREET BRIDGE LOCAL AMENITIES

RESTAURANTS & CAFES

GRANVILLE STREET BRIDGE 1 La Pentola 2 JJ Bean 3 Starbucks WALKER'S PARADISE 4 MeeT Yaletown 5 The Flying Pig Yaletown

6 Yaletown Brewing Company 7 Elisa 8 Earls Kitchen + Cafe 9 Blue Water Cafe 10 Small Victory Bakery

11 Tacofino Yaletown 12 The Keg Kitchen + Bar 13 Bella Napoli 14 Provence Marinaside 15 Matchstick Yaletown EMERY 1 BARNES PARK

PACIFIC BOULEVARD DAVID 15 RETAIL & SERVICES LAM PARK 1 Choices 2 Urban Fare 2 DAVIE STREET HOMER STREET 1 3 Soul Cycle Yaletown-Roundhouse 4 Barre Fitness

3 4 5 3 7 9 MAINLAND6 STREET10 8

2 4

11 12 NELSON STREET

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QUAYSIDE MARINA FOR SALE 1189 Pacific Boulevard, Vancouver, BC

CONTACT US

ADRIAN BERUSCHI PERSONAL REAL ESTATE CORPORATION SENIOR VICE PRESIDENT | URBAN PROPERTIES GROUP +1 604 662 5138 [email protected]

CHRIS TAYLOR PERSONAL REAL ESTATE CORPORATION SENIOR VICE PRESIDENT | URBAN PROPERTIES GROUP +1 604 662FOR 5157 ADDITIONAL INFORMATION PLEASE CONTACT [email protected] LISTING AGENTS:

MATT WASYLYNKOMARIO NEGRIS MARTIN MORIARTY PERSONAL REAL ESTATE CORPORATION VICE PRESIDENT | URBAN PROPERTIES GROUP PERSONAL REAL ESTATE CORPORATION EXECUTIVE VICE PRESIDENT | URBAN PROPERTIES GROUP SALES REPRESENTATIVE | URBAN PROPERTIES GROUP +1 604 662 5123 +1 604 662 5192 +1 604 662 3000 [email protected] [email protected]@cbre.com

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.

Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.

CBRE Limited | 1021 West Hastings Street | Suite 2500 | Vancouver, BC | V6E 0C3 www.cbre.ca This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.