526 - 572 Clarke Road, Coquitlam, BC - Form Retail
FOR SUBLEASE
FOR SUBLEASE
526 - 572 CLARKE ROAD COQUITLAM, BC
2,481 SQUARE FOOT RETAIL UNIT ADJACENT TO SKYTRAIN
North Road
526 - 572 CLARKE ROAD | COQUITLAM, BC
8 VPD)
57 Avenue (23, Como Lake
Smith Avenue (4,436 VPD)
Cl
ar
ke
Ro ad
(2
3, 23
1
VP
D)
Burquitlam Station
SUBJECT SITE Burquitlam Plaza
DERICK FLUKER* 604 638 2125 [email protected] FORM RETAIL ADVISORS INC.
JORDAN CURTEANU 604 638 2124 [email protected]
*Personal Real Estate Corporation
FOR SUBLEASE
559 Clarke Rd (Marcon Clarke Homes) Application to construct 49 storey, 364 unit condo tower + 14 storey rental building + retail podium.
SUBJECT SITE Ro a
d
Smith Avenue
Cl
The site is strategically positioned to service a captive, affluent residential population and features traditional, storefront parking. Retailers will benefit from limited retail competition in the immediate trading area. The property provides excellent vehicular and pedestrian traffic generated from the surrounding residential population. HIGHLIGHTS • Excellent exposure to vehicular traffic along Clarke Road (23,231 VPD) • Traditional, ground level parking at storefront • Average HH income over $80,000 within a 1KM radius of subject property • Limited retail competition in the immediate trade area
1
Sinoski, Kelly. The Vancouver Sun. “In Metro Vancouver, densification is the price paid for transit,” October 3, 2013.
FORM RETAIL ADVISORS INC.
602 Como Lake Rd (Bosa Properties) Currently under construction, completion slated for 2017, 27 stories, 452 condo units.
Avenue
ke
OPPORTUNITY 2,481 SF of high-quality, commercial retail space available immediately. The premises was previously used as a presentation centre for Bosa Properties’ Uptown 1 & 2 development, which consists of over 450 units located at the intersection of Clarke Rd & Como Lake Ave.
Como Lake
ar
LOCATION The subject site is located on the east side of Clarke Road, adjacent to the Burquitlam Skytrain Station, in an under-serviced residential neighbourhood in Coquitlam, BC. The property offers direct exposure to over 23,000 VPD along Clarke Road and is directly accessible via the new Evergreen Skytrain Line. The City of Coquitlam is expected to grow by 50,000 residents by 20231, and the Burquitlam neighbourhood is forecast to experience rapid densification along Clarke Road in the coming years.
North Road
526 - 572 CLARKE ROAD COQUITLAM, BC
504 Clarke Rd (Townline Group) Pre- application to construct a mixed-use building.
FOR SUBLEASE 526 - 572 CLARKE ROAD COQUITLAM, BC
MUNICIPAL ADDRESS 526 - 572 Clarke Road, Coquitlam, BC ZONING C-2 General Commercial PREMISES AREA 2,481 SF PARKING Ample surface parking adjacent to the subject premises AREA TENANTS Burquitlam Plaza co-tenants include Shoppers Drug Mart, Bosley’s Pet Supplies, Panago Pizza, Value Village, Dollarama, and The UPS Store. ACCESS/EGRESS Right-in/Right-out off Clarke Road TRAFFIC COUNTS 23,231 VPD along Clarke Road 4,436 VPD along Smith Avenue LEASE EXPIRY August 31, 2019 ASKING LEASE RATES Contact Listing Agent
FORM RETAIL ADVISORS INC.
FOR SUBLEASE 526 - 572 CLARKE ROAD COQUITLAM, BC
526 - 572 CLARKE ROAD COQUITLAM, BC
SUBJECT SITE
1 KM 3 KM 5 KM 10 Min Drive
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORM.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors Inc.
FORM RETAIL ADVISORS INC.
2016 ESTIMATES & PROJECTIONS
1 KM
3 KM
5 KM
10 MIN DRIVE
Population
12,007
74,997
147,962
109,186
Households
4,662
29,331
56,335
41,654
$80,897
$91,041
$96,075
$95,429
6.4%
7.6%
5.8%
6.7%
Average Household Income Growth Rate (2016 - 2021)
FOR SUBLEASE
526 - 572 CLARKE ROAD COQUITLAM, BC
2,481 SQUARE FOOT RETAIL UNIT ADJACENT TO SKYTRAIN
North Road
526 - 572 CLARKE ROAD | COQUITLAM, BC
8 VPD)
57 Avenue (23, Como Lake
Smith Avenue (4,436 VPD)
Cl
ar
ke
Ro ad
(2
3, 23
1
VP
D)
Burquitlam Station
SUBJECT SITE Burquitlam Plaza
DERICK FLUKER* 604 638 2125 [email protected] FORM RETAIL ADVISORS INC.
JORDAN CURTEANU 604 638 2124 [email protected]
*Personal Real Estate Corporation
FOR SUBLEASE
559 Clarke Rd (Marcon Clarke Homes) Application to construct 49 storey, 364 unit condo tower + 14 storey rental building + retail podium.
SUBJECT SITE Ro a
d
Smith Avenue
Cl
The site is strategically positioned to service a captive, affluent residential population and features traditional, storefront parking. Retailers will benefit from limited retail competition in the immediate trading area. The property provides excellent vehicular and pedestrian traffic generated from the surrounding residential population. HIGHLIGHTS • Excellent exposure to vehicular traffic along Clarke Road (23,231 VPD) • Traditional, ground level parking at storefront • Average HH income over $80,000 within a 1KM radius of subject property • Limited retail competition in the immediate trade area
1
Sinoski, Kelly. The Vancouver Sun. “In Metro Vancouver, densification is the price paid for transit,” October 3, 2013.
FORM RETAIL ADVISORS INC.
602 Como Lake Rd (Bosa Properties) Currently under construction, completion slated for 2017, 27 stories, 452 condo units.
Avenue
ke
OPPORTUNITY 2,481 SF of high-quality, commercial retail space available immediately. The premises was previously used as a presentation centre for Bosa Properties’ Uptown 1 & 2 development, which consists of over 450 units located at the intersection of Clarke Rd & Como Lake Ave.
Como Lake
ar
LOCATION The subject site is located on the east side of Clarke Road, adjacent to the Burquitlam Skytrain Station, in an under-serviced residential neighbourhood in Coquitlam, BC. The property offers direct exposure to over 23,000 VPD along Clarke Road and is directly accessible via the new Evergreen Skytrain Line. The City of Coquitlam is expected to grow by 50,000 residents by 20231, and the Burquitlam neighbourhood is forecast to experience rapid densification along Clarke Road in the coming years.
North Road
526 - 572 CLARKE ROAD COQUITLAM, BC
504 Clarke Rd (Townline Group) Pre- application to construct a mixed-use building.
FOR SUBLEASE 526 - 572 CLARKE ROAD COQUITLAM, BC
MUNICIPAL ADDRESS 526 - 572 Clarke Road, Coquitlam, BC ZONING C-2 General Commercial PREMISES AREA 2,481 SF PARKING Ample surface parking adjacent to the subject premises AREA TENANTS Burquitlam Plaza co-tenants include Shoppers Drug Mart, Bosley’s Pet Supplies, Panago Pizza, Value Village, Dollarama, and The UPS Store. ACCESS/EGRESS Right-in/Right-out off Clarke Road TRAFFIC COUNTS 23,231 VPD along Clarke Road 4,436 VPD along Smith Avenue LEASE EXPIRY August 31, 2019 ASKING LEASE RATES Contact Listing Agent
FORM RETAIL ADVISORS INC.
FOR SUBLEASE 526 - 572 CLARKE ROAD COQUITLAM, BC
526 - 572 CLARKE ROAD COQUITLAM, BC
SUBJECT SITE
1 KM 3 KM 5 KM 10 Min Drive
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORM.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors Inc.
FORM RETAIL ADVISORS INC.
2016 ESTIMATES & PROJECTIONS
1 KM
3 KM
5 KM
10 MIN DRIVE
Population
12,007
74,997
147,962
109,186
Households
4,662
29,331
56,335
41,654
$80,897
$91,041
$96,075
$95,429
6.4%
7.6%
5.8%
6.7%
Average Household Income Growth Rate (2016 - 2021)
