5250 272nd street lanGlEy, BC

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FOR SALE

5250

272nd street langley, BC

Partnership. Performance.

Opportunity To purchase a 31,288 square foot freestanding warehouse and office building with yard situated on 1.675 acres in Gloucester Industrial Estates.

Michael Farrell, Principal 604.646.8388 [email protected]

5250

272nd avenue langley, BC

Executive Summary

Opportunity

Municipal Address

To purchase a freestanding warehouse building with existing offices in Gloucester Industrial Estates. The building is located on 272nd Street, which provides quick access to the Trans-Canada Highway (1) at 264th Street.

5202 272nd Street, Langley, BC

Building Highlights

Legal Description Lot 12 Section 5 Township 14 New Westminster District Plan LMP 50257

-- 24’ clear ceilings

-- Concrete tilt design

PID

-- Sprinklers

-- Professionally landscaped

025-076-736

-- Air conditioned office space

-- Blown gas warehouse heaters

-- High Bay lighting

-- Quick access to Highway 1 Interchange at 264th Street

Site Size 1.675 acres (72,963 square feet) (328’ x 220’)

-- 3-phase 600V power -- Two (2) grade doors (12’ x 14’)

Site Coverage

-- Four (4) grade doors (14’ x 16’)

37%

M-2A General Industrial

Gloucester Way

Property Taxes (2015) $67,434.49

Building Area Main Office

3,150 sf

Mezzanine Office

3,150 sf

Mezzanine

1,950 sf

Warehouse

12,978 sf

Unit 2

Warehouse

5,030 sf

Unit 3

Warehouse

5,030 sf

Financing Treat as clear title

Ownership 650358 B.C. LTD

Asking Price

31,288 sf

272nd Street

Total

$5,250,000

-- Paved yard area -- Skylights

Zoning

Unit 1

-- 35 parking stalls

Site Plan

Mezzanine

Unit #1 16,128 SF

2 Level Office

Unit #2 5,030 SF Yard Area

LEASED Unit #3 5,200 SF

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Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada avisonyoung.com

© 2016 Avison Young. All rights reserved.

Michael Farrell, Principal 604.646.8388 [email protected]

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.