Retail/Office Space at UniverCity (SFU)

Retail-Commercial for Lease
Catylist Listing ID: 30149956
Property Subtypes: Mixed Use
Contiguous Space: 1,137 - 1,512 SF
Total Available: 2,649 SF
Gross Building Area: 45,167 SF
Lease Rate: $29 - 50 PSF (Annual)
Base Monthly Rent: $2,747 - 6,300
Lease Types: NNN
Building Name: Cornerstone
Last Updated: 8/7/2020

Overview / Comments

The Cornerstone is the first of four retail/commercial
buildings to serve UniverCity. This 5-level building
consists of approx. 30,000 sf of retail space, 11,000
sf of office space and 115 rental apartments. The
village-style grouping of markets, shops and galleries
in a pedestrian orientation is an ideal gathering place
for UniverCity residents and the SFU community.

Directly adjacent to The Cornerstone is Nester’s
Market, a 23,000 sf grocery store and pharmacy.
Across the street a new development, CentreBlock,
adds a further 33,000 sf of commercial space and
an additional 158 apartments and 28 townhouse to
UniverCity’s rapidly growing community.

Expand All 2 Spaces Available

Suite: #170 1,137 SF $29 PSF (Annual) NNN
Suite: #8982 1,512 SF $50 PSF (Annual) NNN

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Taxing Authority: Burnaby
Parcel ID: 028­-300­-271
Zoning: CD
Property Visibility: Excellent
Area Description: University High Street is the commercial heart of UniverCity, the master-planned community perched high on Burnaby Mountain next to Simon Fraser University. Boasting all the shops and services of a modern urban neighborhood beside one of Canada’s leading universities, the Cornerstone building is situated next to the Transit loop offering easy access to public transportation and the foot traffic of thousands of students who attend SFU.
Property Condition: Excellent
Year Built: 2007
Total Parking Spaces: 55
Parking Type: Underground
Parking Description: Parking rates as follows: Hourly - $3 Daily - $12 Monthly Regular Stall- $75 + taxes Monthly Electric Charging Stall - $85 + taxes (there are 4 stalls equipped with electric charging stations available)
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Geothermal
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable

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