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8655 Cambie St T MARINE DRIVE CANADA LINE STATION SW MARINE DRIVE ASH STREET FOR SALE 36,198 SF intensive employment CAMBIE STREET REdevelopment opportunity 8655 cambie st. please contact vancouver, bc Ilya Tihanenoks carter kerzner 778 372 3930 778 372 3932 [email protected] [email protected] FOR SALE 8655 cambie street property details OPPORTUNITY SITE SIZE CIVIC ADDRESS 36,198 sq. ft. 8655 Cambie Street, Vancouver, BC Located just 200 meters away from Marine Gateway, 8655 Cambie Street is a prime PID CURRENT ZONING redevelopment opportunity under the Intensive 003-419-126 I-2 Light Industrial Employment designation within the Marpole PROPERTY TAXES PERMITTED DENSITY & USE Community Plan. Marine Gateway is an award-winning transit-oriented urban retail $33,844.98 (2017) 3.00 FSR (108,594 sq. ft.) and entertainment centre featuring Cineplex Rezoning to 100% office uses will be considered TENANCY DETAILS Buildings up to 100 feet of height permitted Cinemas, T&T Supermarket, Steve Nash Fitness World, Winners, among many others. This Multiple short term tenancies in place. rapidly growing commercial and residential Please contact Listing Brokers for INVESTMENT HIGHLIGHTS core has more than 2,000 newly developed additional details. residential units, as well as, future plans in place Only 31 total properties carry the Intensive to expand the retail amenities nearby. The area Employment designation in the Marpole surrounding Marine Gateway is set to undergo Community Plan. Currently 21 of these sites a major revitalization and 8655 Cambie Street are controlled by owner-occupiers or developers represents are rare opportunity to be a part of this transformation. Office space at Marine Gateway is now 100% leased. Notable tenancies include Intel, WeWork, Royal Canadian Bank, purchase price and City of Vancouver No strata office supply in all of South $36,000,000 Vancouver. Strata office projects in Mt. Pleasant are achieving in excess of $1,000 per sq. ft. Property outline is approximate FOR SALE 8655 cambie street MARPOLE COMMUNITY PLAN The property is designated as an Intensive Employment site under the Marpole Community Plan (2014). The designation supports high density mixed-use commercial developments. This density may be applied to any combination of office, retail, service or light industrial uses subject to approval from a rezoning process. The maximum height of all buildings and accessory structures permitted under Intensive Employment Area designation is 100 feet. 169 FEET 218 FEET Intensive Employment Area CAMBIE STREET Source: Marpole Community Plan, 2014 Existing Large Format Area (LFA) Policy Cambie Corridor Phase 2 FOR SALE 8655 cambie st. TRANSPORTATION & ACCESS Downtown Vancouver: 26 minutes Hwy 17: 20 minutes FRASER STREET Hwy 91: 8 minutes Hwy 1: 26 minutes Hwy 99: 4 minutes Rapid Transit: 200 meters TransLink Bus: 200 meters MAIN STREET Vancouver International Airport (YVR): 7 minutes *Source: GoogleMaps SW MARINE DRIVE CAMBIE STREET Subject Property Future Redevelopment T MARINE DRIVE CANADA LINE STATION Future Mixed-Use Development Ilya Tihanenoks 778 372 3930 | [email protected] CBRE Limited | 1021 West Hastings Street | Suite 2500 | Vancouver, BC | V6E 0C3 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 carter kerzner 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 778 372 3932 | [email protected] 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..
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