Commercial Real Estate for Lease in BC

Forgot password Extend Verify Contact
Modern storefront with expansive glass frontage, aluminum frame door and windows, integrated address numbering, and exterior wall-mounted lighting
Status:
For Lease
Prop. Type:
Retail
MLS® Num:
C8080979
Build. Type:
Condo Strata Complex
Exceptional Retail Opportunity Near Metrotown. Ideally situated just minutes from Metrotown, this impressive 1,072 sq. ft. retail space offers outstanding visibility and accessibility in one of Burnaby's most desirable commercial locations. Positioned adjacent to Fitness World with excellent exposure to Kingsway, the property benefits from strong pedestrian and vehicle traffic. The premises are currently improved as a high-end cafe and bakery, featuring an attractive modern design with soaring ceilings, expansive floor-to-ceiling front windows that flood the space with natural light, and an inviting customer atmosphere. The functional layout includes two washrooms, making it suitable for a variety of retail, cafe, restaurant, or service-oriented uses (subject to landlord approval).Additional features include two secure underground parking stalls, prominent storefront exposure, excellent signage opportunities, and convenient customer access. This is a rare opportunity to lease this location
Sale Type:
Lease
Lease Type:
Net
Ownership:
Strata
Property Type:
Retail
Commercial Type:
Retail
Construction:
Frame Wood
Num Storeys:
4
Building Type:
Condo Strata Complex, Mixed Use
Home Owners Association:
Yes
Year built:
2011 (Age: 15)
Leasable Area:
1,072 sq. ft.
Retail Size:
1,072 sq. ft.
Class Of Space:
Class A
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Separate Controls, Varies by Unit, Air Conditioning
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
028721993
Taxes:
$15,003.03 / 2026
No
Separate Water Heater
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$558.21
Other Income:
Effective Gross Income:
Net Operating Income:
Basic Rent per Month:
4198.67
Additional Rent per Month:
25204.63
Basic Rent per Annum:
50384.0
Basic Rent per Annum per SF:
47.0
Additional Rent per Annum per SF:
23.52
Previous Price:
Original Price:
  • Photo 1: 5376 Grimmer Street in Burnaby: Metrotown Retail for lease (Burnaby South)  : MLS®# C8080979
    Modern storefront with expansive glass frontage, aluminum frame door and windows, integrated address numbering, and exterior wall-mounted lighting
Listed by eXp Realty (VIREB)
Data was last updated August 5, 2026 at 07:40 AM (UTC)
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.