The Vendor has retained Form Retail Advisors Inc. and CBRE Limited (the “Co-Listing Agents”) to facilitate the sale of its 100% freehold interest in 1783 Marine Drive, West Vancouver, BC (the “Subject Property”).

The Subject Property is a two-storey, freestanding, single tenant building located on the northeast corner of Marine Drive and 18th Street in West Vancouver’s Ambleside neighbourhood.

Investment Highlights                     

  • Prominent location in the heart of West Vancouver.
  • Located along West Vancouver’s main transit route, allowing ease of access via all forms of transportation.
  • The subject property is a 8,280 sq/ft lot improved  with a two-storey, freestanding, single tenant building with a rentable area of 5,074 sq/ft.
  • Currently 100% leased to the Bank of Montreal (tenant just extended lease for another 5 year term with a further 2×5 year options to extend).

Asking sale price is $10,200,000.