1055 GRANVILLE STREETVANCOUVER, BC

For SaleProperty Highlights

• Single tenant retail investment opportunity with flexible lease terms available through sale-and-leaseback.

• Prime retail asset with future redevelopment potential through assembly of neighboring sites.

• Ideally situated in the rapidly emerging downtown south neighborhood, the gateway to the Downtown Core.

• Located within close proximity of both Vancouver City Centre and Yaletown Roundhouse Skytrain Station.

A RARE SINGLE TENANT RETAIL INVESTMENT OPPORTUNITY

LOCATED IN THE HEART OF DOWNTOWN VANCOUVER

GRANVILLE ISLAND

ROBSON STREET

HELMCKEN STREET BURRARD STREET

GRANVILLE STREET

YALETOWN

WEST END

FINANCIAL DISTRICT

Prime Downtown Location• The Property is located in the heart of the vibrant Granville

Entertainment District, downtown Vancouver’s retail and entertainment node.

• The Site’s central location on Granville Street, between Nelson and Helmcken Streets, boasts ease of access by way of public transit services (skytrain and bus routes).

• 1055 Granville Street’s location provides superb exposure from the high amounts of both vehicular and pedestrian traffic and enjoys one of the highest daytime pedestrian counts in the city.

• Granville Street is one of Vancouver’s transportation arterial with the 004, 007, 010, 014, 016 and 050 bus routes travelling through Granville in and out of downtown Vancouver.

VANCOUVER CITY CENTRE

YALETOWN-ROUNDHOUSE

Attractive Zoning• The Property is currently zoned DD –

Downtown District, Section K2.

• The zoning permits a diversified mix of uses, including: Institutional Uses, Office Uses, Parking Garage, Retail Uses, Service Uses, Cultural and Recreational Uses, and Dwelling Uses.

• The Downtown District (K2) zoning permits a maximum Floor Space Ratio (FSR) of 3.50, or up to 10,500 buildable square feet, as well as a maximum height of 90-feet.

Neighbourhood Overview• Office leasing fundamentals in downtown Vancouver are extremely strong, with the current vacancy rate

standing at 4.1% and anticipated to decline even further over the coming months.

• Recent wave of development and investment activity in the immediate area, including:

- The repurposing of Tom Lee Music building, comprising 75,000 sq. ft., to attract new ground floor retail and tech/ office tenants,

- New Manulife building – 980 Howe Street - encompassing 222,929 sq. ft. of AAA office space one block east of Granville,

- Microsoft leasing two floors of over 142,000 sq. ft. above Nordstrom,

- Sony Pictures leasing over 73,000 sq. ft. for their Head Office above Nordstrom.

The OpportunityJones Lang LaSalle Real Estate Services, Inc. (“the Advisor”) has been retained by RVJ Holdings Ltd. (“the Owner”) to sell 100% freehold interest in 1055 Granville Street, Vancouver (the “Property”).

The Property represents a rare opportunity to acquire a centrally located downtown Vancouver retail asset with future assembly/redevelopment potential.

The Property is currently tenanted by Leos Camera Supply, which is owned and operated by the Owner. The Owner has expressed interest in sale-and-leaseback to continue their operations on site. Please contact the advisors for further details.

1055 GRANVILLE STREETVANCOUVER, BC

*Building measurements subject to confirmation

© 2019 Jones Lang LaSalle IP, Inc. All rights reserved. Information set out herein (the “Information”) has not been verified by Jones Lang LaSalle Real Estate Services, Inc., Brokerage and any and all of its real estate agents/staff, and to all other divisions of the company (collectively “JLL”). JLL does not represent, warrant or guarantee the accuracy, correctness and complete ness of the Information. Given the limitations of the investigations, inquiries and verification that JLL have undertaken, the reliability of this Information must be treated with a suitable degree of caution and neither JLL or any of their affiliates accept any liability or responsibility for the accuracy or completeness of the information contained herein and no reliance should be placed on the information contained in this document. JLL 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 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 JLL. *Personal Real Estate Corporation

Mark Trepp*E xecutive V ice PresidentOf f ice Sales & Leasing60 4.998.6035mark .trepp@am.jll .com

Kevin DouglasA s sociate V ice PresidentCapital Market s60 4.998.6142kevin.douglas@am.jll .com

Civic Address 1055 Granville Street

Legal Description Lot 27 Block 82 District Lot541 Plan 21

PID 015-497-119

Site Size 3,000 sq. ft.

Site Dimensions 25’ (Frontage) x 120’ (Depth)

Zoning DD (Downtown District)

Approximate Building Size* 5,500 sq. ft.

Taxes (2018) $38,190.34

Financing Available Clear Title

NOI Please Contact Advisors

Asking Price $4,850,000

Property Summary

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