TWO RARE PRIME DEVELOPMENT-READY SITES LOCATED ALONG SOUTH GRANVILLE, VANCOUVER BC DOWNTOWN VANCOUVER BURRARD BRIDGE
2211 & 2213 GRANVILLE VANCOUVER, BC GRANVILLE BRIDGE GRANVILLE ISLAND
2211 & 2213 GRANVILLE GRANVILLE STREET
GRANVILLE FUTURE SKYTRAIN STATION
WEST BROADWAY THE OFFERING DIRECT ACCESS TO DOWNTOWN CBRE National Investment Team – Vancouver is pleased to present the opportunity to acquire 2211 & 2213 PROPERTY ADDRESSES Granville Street (the “Properties”), two prominent sites centrally located in South Granville, one of the most desirable commercial neighbourhoods in Vancouver, with exceptional development potential. Situated on a 2211 & 2213 Granville Street combined 7,200 SF site, the Properties are currently improved with two low-rise single-tenant commercial Granville Bridge Vancouver, B.C. buildings with ample parking at rear. The existing improvements are currently fully leased, which will provide secure holding income during the development approval process. The Properties are conveniently 2211 & 2213 GRANVILLE located just three minutes from downtown Vancouver and only steps away from the future rapid transit PIDS station and Granville Island. 001-144-971 Granville Street 015-220-966
2213 2211 EASILY ACCESSIBLE TOTAL SITE AREA GRANVILLE GRANVILLE • The Properties are only a three-minute drive from downtown 7,200 SF (0.165 Acres) Vancouver with direct access via the Granville Street Bridge; • The Sites are steps away from the UBC-Broadway Corridor, a dynamic and vibrant commercial corridor running from EXISTING ZONING commercial Drive to UBC, which accommodates over 33,000 C-3A (3.0x FSR) cars and 110,000 transit trips daily; • The location is well serviced by three regional bus routes CURRENT IMPROVEMENTS along Granville Street and the 99 B-Line Express bus along the Broadway Corridor, providing convenient access from 2 low-rise single-tenant downtown and all areas of Metro Vancouver. retail buildings
STEPS AWAY FROM THE FUTURE PROPERTY ADDRESSES EXISTING IMROVEMENTS MILLENNIUM LINE SKYTRAIN STATION 2211 & 2213 Granville Street • The Properties are less than a five-minute walk from the Vancouver, B.C. future Millennium Line Broadway Station; CENTRALLY LOCATED IN SOUTH GRANVILLE • The Millennium Line rapid transit extension that will extend COMBINED FRONTAGE DEVELOPMENT READY the existing transit line from VCC-Clark to UBC has been ~60 feet along Granville Street COMMERCIAL STRIP identified as one of the top priorities in Vancouver’s Transportation 2040 plan and has recently received over EXISTING ZONING $2.1 billion in funding from federal, provincial and municipal YEAR BUILT governments; C-3A • The Properties are prominently located in 1907 & 1975 the South Granville neighbourhood, one of • Once completed, the project is expected to increase Vancouver’s most popular and vibrant shopping Broadway’s daytime population by 150,000. DENSITY districts located south of downtown Vancouver; NET OPERATING INCOME 3.0x FSR • The South Granville commercial strip which $149,523
extends from West 5th Avenue to West 16th GRANVILLE BRIDGE Avenue, features a mix of service, fashion, DEVELOPMENT POTENTIAL furniture & homeware, art and antique retailers FINANCING and a variety of established restaurants that 2211 & 2213 Available Clear Title Up to 21,600 SF cater to both locals and visitors alike; GRANVILLE • The Properties are also in close proximity to Leases for both improvements include Granville Island, one of Vancouver’s most GRANVILLE demolition clauses, which provide favourable FUTURE SKYTRAIN STATION ASKING PRICE visited tourist attractions and premier artistic development options for the future owner. 5-MIN WALK and cultural hubs. $13,880,000 For More Information, Please Contact:
JIM SZABO TONY QUATTRIN PERSONAL REAL ESTATE CORPORATION PERSONAL REAL ESTATE CORPORATION Vice Chairman Vice Chairman National Investment Team - Vancouver National Investment Team - Vancouver +1 604 662 5125 +1 604 662 5154 [email protected] [email protected]
CARTER KERZNER Senior Sales Associate National Investment Team - Vancouver +1 778 372 3932 [email protected]
© 2017 CBRE, Inc. 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.