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Le Magasin 332 Water St
639 SF of Retail Space Available in Vancouver, BC
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 120 | 639 SF | Negotiable | $46.93 CAD/SF/YR $3.91 CAD/SF/MO $505.15 CAD/m²/YR $42.10 CAD/m²/MO $2,499 CAD/MO $29,988 CAD/YR | Full Service |
1st Floor, Ste 120
• Rare small-format retail space in the heart of Gastown • Private washroom • Large glass storefront providing excellent visibility to passersby and signage opportunities • Located in a high foot and vehicle traffic area, surrounded by numerous boutique retailers, popular cafés, and lounges • Beautifully restored building just steps from the iconic Steam Clock • Just minutes to Waterfront Station with several private parkades nearby • Unique entrances allow building access from both Water Street and West Cordova Street
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Rare small-format retail space
- Beautifully restored building
- Unique entrances
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 332 Water St , Vancouver, BC
| Property Type | Retail | Year Built | 1911 |
| Gross Leasable Area | 21,208 SF | Parking Ratio | 0.18/1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 21,208 SF |
| Year Built | 1911 |
| Parking Ratio | 0.18/1,000 SF |
About the Property
Gastown is an internationally-renowned heritage zone, both a bustling tourist destination and a trendy gathering place for locals. Characterized by cobblestone streets, brick and timber heritage buildings and abundant historical charm, the high-traffic neighbourhood houses many of the city’s hottest restaurants and retail stores. Gastown has also become home to numerous design studios, technological and software companies, and leading architectural firms. Popular venues in the area include L’Abattoir, Tacofino, Pourhouse Restaurant and Water St. Café. The location is served by several transit routes and is in close proximity to the SeaBus terminal, Waterfront SkyTrain Station, the West Coast Express and several public parkades.
- Bus Line
Nearby Major Retailers
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Le Magasin | 332 Water St
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