5950 Imperial Street, Burnaby - Devencore NKF

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5950 Imperial Street, Burnaby Investment Opportunity

Subject Property Imperial Street

Royal Oak Ave

Macpherson Ave SITE/Building Information Site Area : Building Size : Building Usage : Ceiling Clear Height : Loading Doors : Power : Zoning : Roof : Environmental Assessment : Frontage :

Nate Kewin Associate Vice President

0.50 acres (21,780 SF) 8,883 SF Office, showroom, service and distribution 14’ 2 Grade 240 Volt / 400 Amp C-4 Service Commercial Replaced Approx. 2011 Clean Stage 1 (November 16, 2015) Imperial Street 298 ft x Waltham Street 143 ft

T: 604-697-3052 C: 778-322-2918

Blake Gozda Associate Advisor

543 Granville Street, 15th Floor Vancouver, BC V6C 1X8

T: 604-697-3063 C: 778-689-0770

5950 Imperial Street, Burnaby Investment Opportunity Office/Showroom 5,000 SF

Detailed Site Map Warehouse 3,800 SF

Imperial Street

Subject Property

Mezzanine Office 1,500 SF

N

5950 Imperial Street Lot 37 Plan NWP25527 District Lot 97 Land District 1 Land District 36 6375-6819 PID: 002-507-340 Property Taxes (2015) $ 33,258.37 Future Redevelopment OCP Supports Medium Density Multi-family (1.1 FAR)

Property Data

Total SF (Approx.)

Lease Expiry

Lease Rate

Reliable Parts (Sublease)

3,624

December 31, 2017

$16.88/SF

Totem Appliance (Headlease)

5,259

December 31, 2017

$16.88/SF

Total

8,883

NOI

$150,000.00

Note: Totem Appliance leases property from a holding company with common ownership. Ownership has requested confidentiality until staff are notified.

Asking Price $3,750,000

Nate Kewin Associate Vice President Industrial Properties 604-697-3052 [email protected]

Blake Gozda Associate Advisor Industrial Properties 604-697-3063 [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 Devencore Company Ltd. Devencore Company Ltd is globally known as Newmark Knight Frank Devencore, one of the world's largest commercial real estate companies and the largest company dedicated exclusively to tenant advisory/representation in British Columbia and Canada.