Marine Drive High Exposure Lions Gate Investment/Redevelopment Opportunity FOR SALE | 1790 Marine Drive, North Vancouver | BC PROPERTY FEATURES • Highly desirable, and rarely available Lions Gate Village location • Rare 20,139 SF mid-rise development opportunity • Zoning certainty under the newly adopted District of North Vancouver OCP • Holding income from existing commercial tenants BRIAN MACKENZIE MATT FAWSITT COLLIERS INTERNATIONAL Vice President Investment Sales 200 Granville Street, 19th Floor TEL: 604 661 0829 TEL: 604 692 1493 Vancouver, BC V6C 2R6
[email protected] [email protected] 604 681 4111 www.collierscanada.com Area Demographics - Three KM radius Current Population Average Household Walk Score (2016) Income (2016) 84 40,435 $140,654 Very Walkable Projected Population Occupied Private Downtown Vancouver (2021) Dwellings (2016) 6 minutes 42,847 16,874 Key Highlights • High-exposure corner location in the highly anticipated and • Stable long-term rent structure with built-in increases sought-after Lions Gate Village • Long-term redevelopment potential having residential uses • Located directly on Marine Drive offering unsurpassed access encouraged under the Commercial Residential Mixed-Use to the Downtown core and the North Shore amenities Level 1 OCP Designation • Well-maintained building with Mr. Lube covenant provides • Strong retail and residential demand in the area with the long-term value, investment security and low maintenance accelerated demand for transit-oriented Marine Drive location 122’ 165’ Opportunity This magnificent high traffic retail property is ideally located on the NW corner of Marine Drive and Garden Avenue, one of North Vancouver’s busiest intersections, providing any user with spectacular exposure. Only minutes away from Downtown Vancouver, this location offers convenient access to all local amenities as well as to both HWY1 and the Lions Gate Bridge.