for LEASE
20240 Lougheed Highway & 11871 203 Street Maple Ridge, BC Partnership. Performance.
Long Term Land Lease 6.46 Acre Commercial Property Gord Robson, Senior Associate 604.647.1331
[email protected] Daniel Lee*, Principal 604.757.5102
[email protected] Russ Bougie*, Principal 604.757.5115
[email protected] *Daniel J. Lee Personal Real Estate Corporation
* Russell Bougie Personal Real Estate Corporation
20240 Lougheed Highway & 11871 203 Street Maple Ridge, BC Property Details Municipal Address
20240 Lougheed Highway & 11871 203 Street, Maple Ridge, BC
Opportunity Avison Young is pleased to present this rare opportunity to secure (via long term land lease) 6.46 acres of commercial zoned land on Lougheed Highway in Maple Ridge. The property benefits from direct access and excellent frontage and vehicle exposure along Lougheed Highway.
Legal Description
PL NWP8687 LT D DL 222 LD 36; PL NWP62569 DL 222 LD 36
Estimated Net Useable Site Size 6.3 acres (274,428 sf)
Frontage
Over 650 feet of frontage on Lougheed Highway
Lease Rate
Contact Listing Agents
Location Maple Ridge is located in the Northeast section of Metro Vancouver between Pitt Meadows and Mission. The Subject Property is located on the southwest corner of Lougheed Highway and 203rd Street in the heart of Maple Ridge. This location benefits from new transportation infrastructure such as the Golden Ears Bridge and the Pitt River Bridge, greatly improving access to the property.
Zoning CS-1 Service Commercial – Potential to rezone to C-2 (contact Listing Agents for further information)
Approximate Drive Times 10 minutes
5 minutes
Site Plan Net Useable Fro n
t ag
e: 4
95 f
Lou ghe ed
t*
20240 Lougheed Highway
Hig hwa y
Fron ta
g e: 1 55
f t* 203 S treet
11871 203 Street
*Measurements approximate
Area Demographics The Ridge Meadows area consists of both Pitt Meadows and Maple Ridge. The current population of Ridge Meadows is 103,576 with a median age of 39.45. The estimated average household income is $96,541. Between 2006 and 2011, the average growth rate observed was 11.9% and the projected population expected by 2023 is 123,000.
Population
1 km radius
3 km radius
5 km radius
2011
6,238
37,895
58,423
2016
6,309
39,893
61,736
2021 Projection
6,468
41,977
65,168
Households
1 km radius
3 km radius
5 km radius
2011
2,180
14,011
23,047
2016
2,214
14,896
25,596
2021 Projection
2,274
15,771
26,105
Average Household Income 1 km radius
3 km radius
5 km radius
2011
$97,786
$90,122
$82,957
2016
$114,855
$103,735
$94,935
2021 Projection
$134,215
$120,587
$110,254
Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada Gord Robson, Senior Associate 604.647.1331
[email protected] Daniel Lee*, Principal 604.757.5102
[email protected] avisonyoung.com
*Daniel J. Lee Personal Real Estate Corporation
Russ Bougie*, Principal 604.757.5115
[email protected] * Russell Bougie Personal Real Estate Corporation
© 2017 Avison Young. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (B.C.) Inc.; DBA, Avison Young.