For Lease | High End Restaurant Space at Lobby Level of The Pan Pacific Hotel Vancouver
HIGHLIGHTS:
• Lobby Level of Pan Pacific Hotel
• Full kitchen with walk-in
• Hoods and fire suppression
• Stunning views on Coal Harbor and the North Shore
• High Ceilings
• Close to Four Sails Restaurant
• Hotel and convention traffic
All existing leaseholds, finishes, and all attached furniture, fixtures, and equipment will remain in the Leased Premises for Tenant’s use and will be included in the Basic Rent that is agreed upon by the Landlord and Tenant. Other furniture and equipment may be available, subject to pending negotiation between Landlord and existing Tenant.
Pan Pacific Vancouver and World Trade Centre Office
The iconic Canada Place complex is located on the waterfront of downtown Vancouver and is home to the luxurious five star Pan Pacific Vancouver Hotel, Vancouver Convention Centre, and the Cruise Ship Terminal. The building is adjacent to major downtown office towers, hotels, the Seawall, fitness centres, and other amenities.
• 1,325,000 cruise ship passengers annually (2023)
• 624,000 hotel guests per year
• Vancouver Convention Centre 1,000,000 patrons (2024)
• Among the major markets, Vancouver saw the highest occupancy for
• 2024 at 83.8%, up 5.3% over 2023
• Moderate revenue growth will continue into 2024 and beyond as hotel operators push for higher room rates, with Vancouver 2025 RevPAR
growth expected to grow at 2.7%