FOR SALE 8690 ASH STREET , BC

T MARINE DRIVE SKYTRAIN STATION & BUS LOOP

ASHLEY MAR CO-OP MARINE GATEWAY PHASE 2 REDEVELOPMENT REDEVELOPMENT

CAMBIE STREET ASH STREET

INTENSIVE EMPLOYMENT REDEVELOPMENT OPPORTUNITY EXCEPTIONALLY WELL LOCATED MARPOLE REDEVELOPMENT SITE COMMUNITY PLAN The property is designated as an Intensive Employment site under the Marpole Community Plan.

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 City of Vancouver THE OPPORTUNITY approval during a rezoning process approval from a rezoning process. The maximum height of all buildings and accessory structures Located just 200 meters away from Marine Gateway, 8690 Ash outright permitted under Intensive Employment Area designation Street is a prime redevelopment opportunity under the Intensive is 100 feet. Employment designation within the Marpole Community Plan. Marine Gateway is an award-winning transit-oriented urban retail and entertainment centre featuring Cineplex Cinemas, T&T Supermarket, Steve Nash Fitness World, Winners, among many others. This rapidly growing commercial and residential core has more than 2,000 newly developed residential units, as well as, future plans in place to expand the retail amenities nearby. The area surrounding Marine Gateway is set to undergo a major revitalization and 8690 Ash Street presents a rare opportunity to be a part of this transformation.

Source: Marpole Community Plan, 2014

Intensive Employment Area

Existing Large Format Area (LFA) Policy

Cambie Corridor Phase 2

Subject Property ABOUT THE EXISTING TENANCY DETAILS INVESTMENT HIGHLIGHTS PROPERTY Tenant: Wicked Campers Inc. Lease Expiry: October 31, 2021 (no option to renew) Only 31 properties carry the Intensive Employment designation in CIVIC ADDRESS Gross Rent: $120,000 per annum the Marpole Community Plan 8690 Ash Street, Vancouver, BC Office space at Marine Gateway is fully leased. Notable tenancies SITE SIZE include Intel, Royal Canadian Bank, and City of Vancouver PROPERTY TAXES 23,368 SF No existing strata office supply in all of South Vancouver. Strata $34,502.59 (2019) office projects in Mt. Pleasant are achieving in excess of SITE DIMENSIONS $1,300 per sq. ft. 132’ x 165’ (est.)

CURRENT ZONING I-2 Light Industrial

OUTRIGHT PERMITTED DENSITY & USE 3.00 FSR (approx. 70,104 sq. ft.) Rezoning to 100% office uses will be considered Buildings up to 100 feet of height permitted

DUE DILIGENCE Previous Phase 1 and Phase 2 environmental reports can be released to qualified buyers

PRICING GUIDANCE Please contact listing agents

Rendering is artist’s interpretation only and subject to change without notice. E&O.E. EXCEPTIONAL ACCESSIBILITY

150,000+ DAILY USES OF THE SKYTRAIN

256,000+ PEOPLE LIVING WITHIN A 5KM RADIUS

7,800+ OAKRIDGE PEARSON DOGWOOD RESIDENTIAL UNITS PLANNED WITHIN A 3KM RADIUS

T MARINE DRIVE SKYTRAIN STATION & BUS LOOP OAKRDIGE THE LIVING CITY

MARINE GATEWAY PHASE 2 REDEVELOPMENT 8690 ASH STREET VANCOUVER, BC W 20TH AVENUE MARPOLE MAJOR REVITALIZATION SW MARINE DRIVE South Vancouver is on the cusp of a major revitalization – the inevitable shift towards higher- density development around transit, expansion of retail amenities, and an intensification of existing industrial lands to serve rapidly changing supply chains and consumer demand are all underway. W KENT AVENUE The Marine Gateway neighborhood is bringing a younger population and high-quality amenities to the immediate area surrounding 8690 Ash Street. Within a 5 kilometer radius of the property, there are nearly 2,500 retail businesses in operation and over 10,000 residential units are planned or being constructed. The community will further benefit from increased employment space density as multiple local developers have acquired sites within the Intensive Employment boundaries of the Marpole Community Plan. Finally, the Cambie Corridor plan is further calling for a more walkable community and additional greenspace outlining a need for a park at the foot of Ash Street and shoreline trails along the . W 57TH AVE

E 57TH AVE

PARK DR

MAIN ST

FRASER ST

SW MARINE DR

ARGYLE ST

15 3 SE MARINE DR CAMBIE ST 1 4 5 17 OAK ST 1 2 3 4 5 7 16 8 GRANVILLE ST 6 18 9 W 70TH AVE 8690 ASH STREET VANCOUVER, BC 2

SW1 MARINE DR

1 2 11 2 10 3 3

Vancouver International Aiport RIVER DR

12 4

KNIGHT ST

24 NO 6 RD GRANT MCCONACHIE WAY 22 23 5 15 14 16 7 11 12 25 10 6 BRIDGEPORT RD MILLER RD 9 8 7 21 13 4 6 SEA13 ISLAND WAY

26 27

14 NO 5 RD 17 HIGHWAY 99 SHELL RD

NO 3 RD 18 19

8 NO 4 RD 20 Institute of 79 79 85

WALK SCORE TRANSIT SCORE BIKE SCORE GARDEN CITY RD RUSS BAKERTechnology WAY VERY EXCELLENT VERY WALKABLE TRANSIT BIKEABLE

ENTERTAINMENT FOOD SERVICES SHOPPING 1 Cineplex Cinemas 1 14 15 McDonald’s 9 The Boathouse 1 7 Sentinel Storage 1 Marine Gateway 9 Safeway 18 Yaohan Centre 27 IKEA Richmond Marine Gateway and VIP 2 Cafe de l’Orangerie 10 Tim Hortons 2 Shell 2 Winners 10 BC Liquour 19 Continental Shopping Centre 2 Badminton Vancouver 3 Milltown Bar & Grill 11 Wendy’s 3 Mr.Lube 3 Lordco 11 Dollarama 20 Aberdeen Centre 3 6Pack Indoor Beach 4 The Deck Kitchen + Bar 13 17 Whitespot 4 ESSO 4 Marshalls 12 McArthur Glen Shopping Centre 22 Sherwin-Williams Paint Store 4 River Rock Casino 5 The Jade Seafood 18 Dogwood Brewing 5 U-Haul Moving & Storage 5 21 Kal Tire 13 FoodyWorld 23 Leon’s Furniture 6 Burger King 6 Chevron 6 17 Canadian Tire 14 Costco Wholesale 24 The Home Depot 7 12 16 Starbucks 8 Self Storage Depot 7 Lee Valley 15 Michaels 25 Staples 8 Italian Kitchen 8 OK Tire 16 PetSmart 26 Trail Appliances ILYA TIHANENOKS 778 372 3930 [email protected]

CARTER KERZNER 778 372 3932 [email protected]

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