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424 Columbia St
3,236 SF of Office Space Available in New Westminster, BC V3L 1B1
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste #201 | 3,236 SF | 1-10 Years | $17.00 CAD/SF/YR $1.42 CAD/SF/MO $55,012 CAD/YR $4,584 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste #201
This second floor office (one level below Columbia St.) is ready for occupancy! Make this perfect location yours and take advantage of great pedestrian and vehicular traffic exposure and renowned local city features such as annual special events, festivals.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Great traffic and exposure
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 424 Columbia St , New Westminster, BC V3L 1B1
| Property Type | Retail | Year Built | 1947 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.87/1,000 SF |
| Gross Leasable Area | 21,420 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 21,420 SF |
| Year Built | 1947 |
| Parking Ratio | 1.87/1,000 SF |
About the Property
The building has undergone extensive renovations and resides in a prime downtown New Westminster setting featuring a new elevator. Columbia Street SkyTrain station is right across the street with Westminster SkyTrain station nearby and on bus routes. This is a highly desirable location situated in the midst of Historic New Westminster with restaurants, Anvil Centre, Westminster Quay, high rises and all amenities including shopping, restaurants and pubs, transit hubs within walking distance. Reserved parking as well as street and public parkade spaces are available.
- Bus Line
- Metro/Subway
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
424 Columbia St
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