101, 102 & 103 42 Fawcett Rd, Coquitlam, BC

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FOR SALE | FULLY LEASED INDUSTRIAL INVESTMENT

#101, 102 & 103 42 Fawcett Rd, Coquitlam, BC 9,331 sq ft

INVESTMENT OPPORTUNITY STARTING AT 9% RETURN

End-cap Unit Excellent Return Location

Highlights

Located on the west side of a major north/south thoroughfare in the 60 acre Cape Horn Business Park. The site is one and a half blocks south of United Boulevard which connects King Edward Avenue in the west to Lougheed Highway and Mayfair Industrial Park in the east. Downtown is just 20 minutes away via the Trans Canada Highway.

• Excellent Exposure • High Income • Long Term Lease • Security gate • Grade loading

Steve Caldwell Executive Vice President, Partner direct 604 895 2224 mobile 604 809 3122 [email protected]

DTZ VANCOUVER REAL ESTATE LTD.

Phil Gibbons Sales & Leasing, Industrial Properties direct 604 630 3386 mobile 604 812 2176 [email protected] 800 - 475 West Georgia St. Vancouver, BC V6B 4M9 604 684 7117 dtzvancouver.com @DTZVancouver

FOR SALE | FULLY LEASED INDUSTRIAL INVESTMENT

#101, 102 & 103 42 Fawcett Rd, Coquitlam, BC 9,331 sq ft

Features

Tenancy

• Air conditioned office space

The units are leased by Equipco Ltd. Equipco is a manufacturer

• End-cap street front exposure

specializing in hot water heating, ventilation and plumbing fixtures. The current lease expires June 30, 2018.

• Ample parking

Sale Price

• Air circulation systems in warehouse

• High quality office finishes

$1,535,000

• Total development features 18 units

Strata Fees

Net Operating Income

$775.97 per month

$137,791.20

Zoning

Property Tax (2015)

M-1 zoning allows for a wide range of industrial uses

$27,595.08 per year

Area Breakdown Unit

Office

Warehouse

Total

101

2,000 sq ft

2,356 sq ft

4,356 sq ft

102

504 sq ft

2,106 sq ft

2,610 sq ft

103

850 sq ft

1,510 sq ft

2,365 sq ft (+450 sq ft mezzanine)

Total

9,331 sq ft

Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Vancouver Real Estate Ltd.