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.