1090 East Georgia Street
Vancouver, British Columbia
Building
Stats
- Property Type Industrial - Warehouse/Distribution
- Building size (SF) 18,988
- Size (Ac) 0.27
- Price $9,500,000
Overview
Avison Young is proud to present 1090 East Georgia Street - a rare opportunity to acquire a well maintained 14,495 sf industrial building with 4,493.60 sf of parking area on the lower level situation on a 11,736 sf lot. This building offers dock loading, two levels of office, and underground parking making it well positioned for owner users or investors while also benefiting from future development potential.
Highlights
The fifth largest industrial market in Metro Vancouver
Make up 11% of the total industrial market in Metro Vancouver
The vacancy rate has remained below or at 1.8% over the past two years
Only 22,725 sf were delivered in the past 12 months
Industrial lease rates have remained strong in the east Vancouver submarket consistently demonstrating over $20.00 net psf
