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City of Lougheed 9855 Austin Rd
995 - 19,901 SF of Space Available in Burnaby, BC V3J 0B4
Highlights
- Prime 37-acre campus in a Metro Vancouver location undergoing a complete transformation into The City of Lougheed, an all-new, globally-inspired city.
- From shopping centre to city centre, the evolution has begun. This means new retailers, new updates, and new energy. The City of Lougheed is dynamic.
- Experience a central location in Metro Vancouver where all lines of rapid transit converge and set to be Canada’s largest master-planned district.
- The City of Lougheed brings the opportunity to capitalize on Metro Vancouver's growth, lead innovation, and be a part of the future of retail.
Space Availability (9)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 1,211 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 105 | 1,237-5,101 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 110-120-130 | 1,398-4,297 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 149 | 1,823 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 153 | 1,291 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 30 | 2,577 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor, Ste 204 | 995 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor, Ste 220 | 1,291 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor, Ste 260 | 1,315 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
9855 Austin Rd - 1st Floor - Ste 10
- Fits 4 - 10 People
9855 Austin Rd - 1st Floor - Ste 105
9855 Austin Rd - 1st Floor - Ste 110-120-130
- Fits 4 - 35 People
9855 Austin Rd - 1st Floor - Ste 149
9855 Austin Rd - 1st Floor - Ste 153
- Located in-line with other retail
9855 Austin Rd - 1st Floor - Ste 30
- Fits 7 - 21 People
9855 Austin Rd - 2nd Floor - Ste 204
- Highly Desirable End Cap Space
9855 Austin Rd - 2nd Floor - Ste 220
- Fits 4 - 11 People
9855 Austin Rd - 2nd Floor - Ste 260
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
TENANTS AT City of Lougheed
- Tenant
- Description
- SIZE
- MOVE DATE
- CAN Locations
- Reach
- Walmart (Canada)
- Retailer
- 150,000 SF
- -
- -
- -
- Hudson's Bay
- Other Retail
- 100,000 SF
- -
- 133
- International
HBC is a holding company of investments and businesses at the intersection of technology, retail operations and real estate. It is the majority owner of iconic ecommerce companies: Saks, a leading online destination for luxury fashion; The Bay, a Canadian ecommerce marketplace; and Saks OFF 5TH, a premier luxury off-price ecommerce company offering top brands at the best prices. These businesses were established as separate operating companies in 2021. HBC also wholly owns Hudson’s Bay, the operating company for Hudson’s Bay’s brick-and-mortar stores, as well as SFA, the entity that operates Saks Fifth Avenue’s physical locations, and O5, the operating company for Saks OFF 5TH stores. With assets spanning top markets and prime locations across North America, HBC owns or controls—either entirely or with joint venture partners—tens of millions of square feet of gross leasable area.
- London Drugs
- Drug Store
- 35,653 SF
- -
- 145
- National
London Drugs is 100% Canadian owned and is focused on local customers' satisfaction. Across Alberta, Saskatchewan, Manitoba and British Columbia, London Drugs' stores employ more than 8000 staff dedicated to providing their customers with a superior shopping experience. Believe in Better is their commitment to making a positive impact on the world and the Western Canadian communities they operate in. Everything they do revolves around three simple pillars – people, planet and progress.
- SportChek
- Sporting Goods
- 20,089 SF
- -
- 379
- National
Sharing Canadians' passion for sport, Sport Chek is proud to be Canada’s destination for sport. Their belief in the importance of living healthy, active lives is backed by their dedicated employees with a deep understanding and commitment to sport. With their vast assortment of apparel and equipment, and the very best athletic brands in the world, Sport Chek strives to help athletes and enthusiasts of all levels succeed.
- CIBC
- Bank
- 5,500 SF
- -
- 1,840
- International
CIBC is a leading and well-diversified North American financial institution committed to creating enduring value for our clients, team, communities and shareholders as they activate their resources to create positive change and contribute to a more secure, equitable and sustainable future. Their purpose is to help make your ambition a reality.
| Tenant | Description | SIZE | MOVE DATE | CAN Locations | Reach |
| Walmart (Canada) | Retailer | 150,000 SF | - | - | - |
| Hudson's Bay | Other Retail | 100,000 SF | - | 133 | International |
| London Drugs | Drug Store | 35,653 SF | - | 145 | National |
| SportChek | Sporting Goods | 20,089 SF | - | 379 | National |
| CIBC | Bank | 5,500 SF | - | 1,840 | International |
PROPERTY FACTS FOR 9855 Austin Rd , Burnaby, BC V3J 0B4
| Min. Divisible | 995 SF | Frontage | Austin Road |
| Center Type | Regional Mall | Gross Leasable Area | 378,632 SF |
| Parking | 1,444 Spaces | Total Land Area | 52.69 AC |
| Stores | 130 | Year Built | 1962 |
| Center Properties | 5 |
| Min. Divisible | 995 SF |
| Center Type | Regional Mall |
| Parking | 1,444 Spaces |
| Stores | 130 |
| Center Properties | 5 |
| Frontage | Austin Road |
| Gross Leasable Area | 378,632 SF |
| Total Land Area | 52.69 AC |
| Year Built | 1962 |
About the Property
At Metro Vancouver's most central and connected location, a community shopping centre is evolving into Canada's most extensive shopping, dining, residential and social destination. The City of Lougheed is a 37-acre city centre with parks, plazas, entertainment, and culture at an unprecedented scale. With all lines of rapid transit converging there, every corner of the region is within reach. This city-within-a-city is a world-class destination and a new generation of urban living for citizens and visitors. Updates are in progress within the shopping centre, including renovations, new retailers, and new eateries to replace the food court. Over the coming years, every new shop, restaurant, and social area will add value to the project and the community around it. Metro Vancouver is a growing global city renowned as one of the world's best places to live. While the downtown core was once the only centre of activity, the rising population, surging business environment, and record-high housing prices have accelerated the growth of communities throughout the region. As these neighbourhoods attract families, young professionals, recent grads, and newcomers from around the world, the region's momentum is shifting. The City of Lougheed is at the forefront of this momentum.
- Bus Line
- Metro/Subway
Marketing Brochure
DEMOGRAPHICS
Demographics
Nearby Major Retailers
About the Owner
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City of Lougheed | 9855 Austin Rd
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