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134-136 Powell St 3,000 SF of Retail Space Available in Vancouver, BC V6A 1G1
Highlights
- Excellent visibility.
- Surrounded by popular retail tenants.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000 SF | Negotiable | $55.00 CAD/SF/YR $4.58 CAD/SF/MO $592.02 CAD/m²/YR $49.33 CAD/m²/MO $13,750 CAD/MO $165,000 CAD/YR | TBD |
1st Floor
Located in the heart of Gastown, 132 Powell Street presents a rare opportunity to lease a fully fixtured restaurant in one of Vancouver's most vibrant commercial neighbourhoods. The premises offer approximately 3,000 square feet (subject to confirmation) of turn-key restaurant space featuring an existing commercial kitchen and extensive tenant improvements, allowing operators to significantly reduce startup costs and accelerate opening.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Furniture is available.
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.
Select Tenants at 134-136 Powell St, Vancouver, BC V6A 1G1
- Tenant
- Description
- CAN Locations
- Reach
- District Warrior
- Retailer
- 1
- -
- Mario
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| District Warrior | Retailer | 1 | - |
| Mario | - | 1 | - |
Property Facts
| Total Space Available | 3,000 SF | Gross Leasable Area | 15,785 SF |
| Property Type | Retail | Year Built | 1912 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.13/1,000 SF |
| Total Space Available | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,785 SF |
| Year Built | 1912 |
| Parking Ratio | 0.13/1,000 SF |
About the Property
Formerly home to Silk Restaurant & Lounge, the property features a dramatic entrance, custom interior finishes, and a fully built-out restaurant layout. Situated along Powell Street, the premises benefit from excellent street exposure and are surrounded by an established mix of restaurants, cafés, retailers, offices, and residential developments within walking distance of Gastown, Waterfront Station, and Downtown Vancouver.
- Bus Line
Nearby Major Retailers
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134-136 Powell St
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