Sites & Buildings - Retail, For Lease

1540 Old Bridge Street

1540 Old Bridge St Vancouver Lower Mainland/Southwest Greater Vancouver Retail $21,943 4,393 SF

Prime freestanding restaurant for lease at 1540 Old Bridge Street (approx. 4,393 SF main floor & mezzanine with 1549 SF patio space) CMHC Granville Island is offering a prime restaurant location for lease. This restaurant location offers an established walk by customer base in a scenic park location. We are looking for a locally owned and operated restaurateur to bring a new casual dining option to Granville Island’s food scene. Concept submissions should focus on an offering that will complement local consumers’ food and beverage interests and demonstrate a business model that promotes and/or improves the local food scene at an accessible price point. The shortlisted candidate for this location will present: - a maximum 3 page executive summary of the concept including ownership and management structure and business concept - a high quality menu offering that aligns with local food and beverage interests (sample menu required) - a renovation plan for the interior and exterior of the space including conceptual sketch and proposed capital investment. (Note: the building is being turned over 'as-is' with the exception of Landlord work on the roof, windows and doors). Estimated Minimum Rent: the greater of $37.00 PSF or 6% Percentage Rent on 4,393 square feet. Estimated Additional Rent: $22.94 PSF (includes estimated CAM, property tax, water, hydro and gas) Availability: Vacant since December 1st 2017 Interested parties can email for an information package on the available space to assist you in your submission. Viewing of the space will be by appointment through the CMHC leasing staff only. Please email your submission or any inquiries with the subject line “Expression of Interest – Restaurant Space” to: Any hard copy materials which you would like to supplement your online application with can be submitted to: Attention: Sabrina Lakos, Leasing Manager CMHC Granville Island 1661 Duranleau Street, 2nd Floor Vancouver, BC V6H 3S3


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