Vacant-User
1075 Marine Drive
1075 Marine Dr, North Vancouver, BC V7P 1S6
Listing Price: $5,400,000
Investment Overview
Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 1075 Marine Drive, North Vancouver, B.C. (the "Subject Property"), a 7,450 SF multi-tenant commercial property situated along one of North Vancouver's most established commercial corridors, benefiting from 65 feet of frontage and exposure to over 35,000 vehicles per day (VPD). With stable income generated from the existing tenant mix and future occupancy potential through upcoming lease expiries, the Subject Property presents a compelling owner-user opportunity (flexible zoning) to secure a highly visible Marine Drive address while benefiting from both in-place cash flow and long-term occupancy flexibility.
1075 Marine Drive
Investment Highlights
- Prime Marine Drive corridor with exposure to over 35,000 VPD serving the broader North Shore community.
- 1.7-year WALE as of Feb. 1, 2027, with the majority of leases rolling by mid-2028, providing flexibility for owner-user occupancy or repositioning.
- Situated within North Vancouver's primary retail node, steps from Capilano Mall and minutes from Park Royal, surrounded by one of the North Shore's most established commercial corridors.
- North Vancouver is one of Metro Vancouver's most supply-constrained commercial submarkets, characterized by a limited land base, minimal new development, and persistently low vacancy rates, with strong occupier demand supported by a high-income residential population.
- Commercial Residential Mixed-Use Level 1 OCP designation permits up to 1.75 FSR, supporting existing commercial use while providing a clear framework for future mixed-use redevelopment.
Exclusively Listed By
Listing Price: $5,400,000
Investment Highlights
- Prime Marine Drive corridor with exposure to over 35,000 VPD serving the broader North Shore community.
- 1.7-year WALE as of Feb. 1, 2027, with the majority of leases rolling by mid-2028, providing flexibility for owner-user occupancy or repositioning.
- Situated within North Vancouver's primary retail node, steps from Capilano Mall and minutes from Park Royal, surrounded by one of the North Shore's most established commercial corridors.
- North Vancouver is one of Metro Vancouver's most supply-constrained commercial submarkets, characterized by a limited land base, minimal new development, and persistently low vacancy rates, with strong occupier demand supported by a high-income residential population.
- Commercial Residential Mixed-Use Level 1 OCP designation permits up to 1.75 FSR, supporting existing commercial use while providing a clear framework for future mixed-use redevelopment.
Investment Overview
Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 1075 Marine Drive, North Vancouver, B.C. (the "Subject Property"), a 7,450 SF multi-tenant commercial property situated along one of North Vancouver's most established commercial corridors, benefiting from 65 feet of frontage and exposure to over 35,000 vehicles per day (VPD). With stable income generated from the existing tenant mix and future occupancy potential through upcoming lease expiries, the Subject Property presents a compelling owner-user opportunity (flexible zoning) to secure a highly visible Marine Drive address while benefiting from both in-place cash flow and long-term occupancy flexibility.
Exclusively Listed By
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