Burrard Landing
1055 CANADA PLACE, VANCOUVER, BC
Iconic Landmark Retail Property in Coal Harbour, Vancouver’s Most Coveted Waterfront Location.
PROPERTY HIGHLIGHTSLANDMARK
waterfront retail asset connected to Vancouver Convention Centre West
INCREDIBLE
location along the world-famous seawall in the heart of Coal Harbour
EXCEPTIONAL
views of Coal Harbour, Burrard Inlet, and the North Shore mountains
PREMIER
social and dining destination providing complementary tenant mix
OUTSTANDING
experience-based tenants provide resistance to e-commerce competition
INSTitUTIONALLY
maintained and managed to the highest of standards, resulting in minimal capital expenditure
The Offering
CBRE Limited, on behalf of PCI Developments (the “Vendor”), is pleased to offer the opportunity to acquire the leasehold interest in Burrard Landing (the “Property”) – a premier landmark retail and parkade leasehold interest asset with a renewal option of 25 years, located in Downtown Vancouver’s most iconic waterfront location, Coal Harbour.
Strategically positioned around the perimeter of the Vancouver Convention Centre’s West building and adjacent to Vancouver’s famous Seawall, the Property encompasses 85,420 sq. ft. of net rentable area and includes 446 adjoining parking stalls, offering convenience for both visitors, tourists, and tenants alike. Burrard Landing compliments the 500+ events held at the Vancouver Convention Centre each year and the rise in the city’s tourism, bringing 1.32 million cruise ship passengers into the Vancouver harbour in 2024, marking a 7% year-over-year increase.
Home to Canada’s largest seaplane terminal with potential expansion, Burrard Landing is located next to Jack Poole Plaza (home of the Olympic Cauldron), and is just steps away from the cruise ship terminal at Canada Place, the Harbour Air Seaplane Terminal, and passenger ferry to Vancouver Island (Hullo Ferries). Burrard Landing offers 22 tenant spaces at a high occupancy rate of 97.8%, featuring a complementary mix of national covenant tenants. The Property has consistently demonstrated strong income growth and sales performance, generating average tenant sales of $1,290 PSF. Comprised of experience-based tenants, such as Cactus Club Cafe, Club 16 Trevor Linden Fitness, Vancouver Harbour Flight Centre, Tap & Barrel, Starbucks, Chop Steakhouse, and Mahony & Sons, Burrard Landing combines a vibrant atmosphere with beautiful views of the North Shore mountains.
Sweeping views of Vancouver’s picturesque landscape and expansive pedestrian plazas create a luxurious gathering place, solidifying Burrard Landing as a premier social and dining destination. With its strategic position, strong tenant mix, and tourism appeal, Burrard Landing presents an extremely rare investment opportunity.
Location Summary
Premier destination for locals and visitors alike positioned along the Seawall
Iconic waterfront location with expansive pedestrian courts & breahtaking views
Steps from an abundance of tourist attractions and hotels, attracting visitors in the area
Benefits from its proximity to the Canada Place cruise ship terminal, which has experienced record growth every year
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Situated in the heart of Coal Harbour in Vancouver’s Central Business District, this iconic landmark asset is a premier destination for both locals and visitors alike. Burrard Landing is connected to the Vancouver Convention Centre West in the centre of a tourism hot spot, attracting significant foot and vehicle traffic due to its unparalleld location on the cruise harbour.
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This exceptional asset is institutionally maintained and managed to the highest of standards, resulting in minimal capital expenditure. Managed by PCI developments, a notable real estate developer and investor.
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Just steps from Waterfront Station, Downtown Vancouver’s primary transit hub which connects Canada Line, Seabus, and Expo Line all in one central location. Provides easy connectivity to the rest of Metro Vancouver via different transit routes.
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Just steps from Waterfront Station, Downtown Vancouver’s primary transit hub and the best transit terminal west of Union Station, connecting to the Canada Line, Seabus, and Expo Line all in one central location. Provides easy connectivity to the rest of Metro Vancouver via different transit routes.
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The Property offers strong and stable cash flow with tenants reporting positive sales of $1,025 PSF on average. Excellent national covenant tenants make up the diverse tenant profile: Club 16 Trevor Linden Fitness, Cactus Club Cafe, Starbucks, Tap & Barrel, Chop Steakhouse, Vancouver Harbour Flight Centre, and Mahony & Sons.