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oakridge place 5655 Cambie St

32,898 SF 100% Leased Retail Building Vancouver, BC V5Z 3A4 For Sale

Investment Highlights

  • Prominent corner exposure at the preeminent intersection of Cambie Street and West 41st Avenue
  • The Property is 100% leased with 21 tenants
  • Surrounded by an enviable variety of amenities and services
  • Secure in-place income that will serve as a strategic cost shield through the entitlement process
  • Designated as a landmark site in the Cambie Corridor Plan

Executive Summary

Cushman & Wakefi eld ULC (“C&W”) as the exclusive advisor is pleased to off er to the market the potential sale of a 50 to 100 percent interest through a joint venture structure of 5655 Cambie Street, Vancouver, BC (the “Property”). This is a rare opportunity to acquire an interest of a signature transit oriented, mixed-use development asset located on the corner of Cambie Street and West 41st Avenue in the Oakridge neighbourhood within the affluent Westside of Vancouver. Ideally, the Owner will retain the ground floor retail of the completed development.
C&W on behalf of the Owner is seeking a development partner with significant mixed-use concrete development experience throughout
Metro Vancouver. The Owner will consider a co-ownership agreement with a tier-one developer for an interest in the asset. Parties
interested in acquiring an interest in the property and subsequent joint venture development agreement are encouraged to contact
the listing agent for offering guidelines and pricing guidance.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
32,898 SF
Building Class
C
Year Built
1962
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.08
Land Acres
0.70 AC
Zoning
C-1 - Commercial
Frontage
240 ft on cambie St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (77)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Scotiabank
TD Canada Trust
White Spot
RBC Royal Bank
CIBC
Starbucks
Tim Hortons
Pho Hoa
Safeway Pharmacy
Extreme Pita
  • Listing ID: 27935266

  • Date on Market: 2023-03-09

  • Last Updated:

  • Address: 5655 Cambie St, Vancouver, BC V5Z 3A4

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