4278 Lougheed Highway - Database.Land

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FOR sale > High density residential Development opportunity

4278 Lougheed Highway Burnaby, BC

Key Features >>Exceedingly rare opportunity to acquire a large-scale high density residential transitoriented development site in the Brentwood Town Centre area of Burnaby. >>2.17 acre site with approximately 245 feet of frontage along Lougheed Highway and 395 feet along Madison Avenue.

Deer Lake Park

>>Area “S” zoning provides potential of 5.0 FSR or 472,626 SF residential buildable area.

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Gilmore SkyTrain Station

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Simon Lim* Executive Vice President 604 661 0882 [email protected]

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Morgan Dyer* Senior Vice President 604 661 0886 [email protected]

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>>Anchors one of Burnaby/Vancouver’s most prominent corridors – a bona fide landmark development opportunity. >>Highly coveted Brentwood location in close proximity to schools, universities, shopping, dining, and the SkyTrain. >>Extensively serviced by the SkyTrain and high-volume bus routes connecting throughout Metro Vancouver. >>Sale leaseback and build to suit opportunity.

COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 604 681 4111 www.collierscanada.com

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W 10th Ave Broadway British TheColumbia Property is located on theWsouthwest corner of Lougheed Highway and Madison Avenue in the Brentwood Commercial Broadway/

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Gilley Ave

Nelson Ave

Royal Oak Ave

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COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 604 681 4111 Huston Rd

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No. 9 Rd

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No. 7 Rd No. 6 Rd

Fraser - Delta Thruway

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No. 4 Rd

Garden City Rd

No. 3 Rd

Gilbert Rd

Railway Ave

C.N.R.

Blundell Rd

No. 1 Rd

Simon Lim* Executive Vice President 604 661 0882 [email protected] 91

Richmond Annacis Highway

Richmond

This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International Francis Rd and excludes all liability for loss and excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2013. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation. JH 02/13 Williams Rd

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Offers will be considered on or after April 19, 2013.

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$210,505.85 Prospective purchaser are invited to submit Offers to Purchase for the property through ColliersRiver for Rd consideration by the Vendor.

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Templeton $15,881,000 Sea Island Centre YVR Wy $97,500 Airport Grant McConachie $15,978,500

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VANCOUVER INTERNATIONAL AIRPORT

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Assessed Value (2012):

High Density Residential

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Official Community Plan Designation:

N Kent Ave

Boundary Rd

Tyne St

El l i ot St

. C.P.R

W 70th Ave

Kerr St

W 57th Ave

The Property falls in the Brentwood Neighbourhood Plan within the Burnaby Official Community Plan. Development Potential: Base density is 2.2 with the potential to build up to 5.0 FSR of buildable area. Commercial density could SE Marine Dr demand. Marine Dr design and potentially be added above the 5.0 FSR of residential depending on form, market

Sperling/ Burnaby Lake

Rupert St

Nanaimo St

Victoria Dr

Knight St

Fraser St

Main St

Cambie St

Oak St

Granville Street

Arbutus St

W Boulevard

Blenheim St

Crown St

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Dunbar St

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Vancouver

W 57th Ave

Holdom

Broadway

E Broadway City Hall W 12th Ave Town Centre area of Burnaby, BC. Rupert E 12th Ave Renfrew W 16th Ave Grandview Hwy 94,532 SF (2.17 acres) with frontages of 245.64 feet along Lougheed Highway and 395.44 feet on Madison Canada Wy Kin Site Size: gs Avenue. wa y King Edward Ave King showroom. Edward e D The Property is currently improved with +/- 35,000 SF car dealership Improvements: Nanaimo r Short-term leaseback required. 29th Ave The Property contains a concrete block building and glass showroom area with under-building parking. W 33rd Ave E 33rd Ave Based on documentation provided to us, the Toyota showroom facility has an area of 21,010 SF and the body Joyce Building Description: shop has an area of 14,604 SF. Much of the balance of Wthe comprises asphalt paved parking lot which Oakridge/41st Ave 41stsite Ave Gran E 41st Ave ge S appears to be in good condition. Access to the property is provided from Madison Avenue by way of two-way t driveway situated approximately 200 feet south of Lougheed Highway. Patterson W 49th Ave Langara/ 49th Ave Metrotown M1 - Manufacturing District – This District provides for the accommodation of light manufacturing uses49th Ave E Existing Zoning: under conditions designed to minimize conflict with surrounding uses. Imperial St

Curtis St

Sperling St

1st Ave

Parker St

Holdom St

VCC/Clark

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Willingdon Ave

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Gilmore Ave

119, Group 1, New Westminster Olympic Village Main St

Venables St Renfrew St

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Location:

E Hastings Street

Stadium/Chinatown

Clark Dr

Lot 22WExcept: Parcel A, Plan 4th Ave Plan 26331 PID: 002-113-465 University of

Legal Address:

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4278 Lougheed Highway, Burnaby, BC

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Civic Address:

Dundas St

Granville

Vancouver City Centre

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Burnaby, BCW Marine Dr

McGill St

Waterfront

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English Bay

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Burrard Inlet FOR sale > high density residential Development Opportunity

4278 Lougheed Highway

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