PROPERTY FOR SALE
4691 VANGUARD ROAD, RICHMOND, BC TO VANCOUVER CITY CENTER TO RICHMOND CITY CENTER & YVR INTERNATIONAL AIRPORT
CBRE Limited is pleased to present an opportunity to purchase a 42,831 sq.ft free standing industrial investment property with special retail zoning. The property is fully leased with the potential for redevelopment in the future
CAMBIE ROAD
This property is conveniently located in North Richmond, adjacent to key transportation roads such as Highway 99, Highway 91 and Shell Road. Time to YVR International Airport: 9 Minutes* Time to Richmond city center: 9 Minutes* Time to Downtown Vancouver: 21 Minutes*
9
AY 9
HW
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SH
SUBJECT
*Source: Google Maps
HIG
O LR
AD
HIGHWA
Y 91
Joel Barnett
Personal Real Estate Corporation
[email protected] 604 662 5570
Steve Brooke
Personal Real Estate Corporation
[email protected] 604 662 5147
CBRE Limited | 1021 West Hastings Street | Suite 2500 | Vancouver, BC V6E 0C3 | www.cbre.ca
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[email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
PROPERTY FOR SALE
4691 VANGUARD ROAD, RICHMOND, BC
HIGHW
AY 99
SHELL ROAD
AD
RO D R A
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AN 91 V
46
PROPERTY SUMMARY BUILDING SIZE: 42,831 sq.ft.
ADDITIONAL BUILDING DETAILS: • Oversized grade loading doors SITE SIZE: 1.43 acres or 62,239 sq.ft. • 16’ - 17’ ceiling height ZONING: IR1 (Industrial Retail) • Access to dock platform • Outside yard area at the rear CURRENT REVENUE: $247,261 per annum (with increases) • Heavy 3 phase power AVERAGE RENT: $5.77 per sq.ft. • Potential for direct cross rail access from Shell Road • Unique retail zoning with excellent highway exposure DEMOLITION DATE: Contact agents • Fully leased, multi-tenant building with 6 unit sizes ranging from PROPERTY TAX: $64,052.67 (2016) 5,100 sq.ft. - 8,508 sq.ft. • Potential to construct a brand new 62,633 sq.ft. building with PRICE: $7,600,000 37,580 sq.ft. on the ground floor