688 lougheed highway

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

SHELDON SCOTT* TEL: 604 662 2660 [email protected]

DARREN CANNON* 604 662 2637 [email protected]

FOR LEASE

LARGE-FORMAT COMMERCIAL BUILDING

688

LOUGHEED HIGHWAY COQUITLAM, BC

TEL:

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 excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2016. 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. VP 04/2016

PROPERTY INQUIRIES SHELDON SCOTT* TEL: 604 662 2660 [email protected] DARREN CANNON* 604 662 2637 [email protected]

TEL:

Opportunity

Improvements

To occupy a large-format, freestanding commercial building at a high traffic signalized intersection.

The property is currently improved with a building that suits vehicle “dealership”. However, such building can be easily adapted to accommodate other uses. Building area is as follows:

Location The property is located at the southwest corner of Lougheed Highway and Alderson Avenue in Coquitlam. It occupies a high profile location along Lougheed Highway, minutes from Highway No.1 and Lougheed Mall.

Main Floor

14,807 SF

Mezzanine

4,576 SF

TOTAL

19,383 SF

In addition, the lot is fully paved.

Property Features Financial Terms

Area Profile The population of Coquitlam is currently estimated to be 138,305 and growing (2015 Sitewise estimates)

Asking Rate ($/SF) $18.00

Demographic Profile - 7 Minute Drive-time Estimates/Projections*

2015

2020

2025

Total Population

78,740

84,482

89,445

Total Households

32,004

35,393

38,546

$82,658

$93,168

$105,181

Avg. Household Income

(Estimates and Projections obtained from Sitewise)

Traffic Counts

>>

High exposure location

>>

Ample surface parking

Lease is to be fully net.

>>

CS-1 zoning permitting a broad range of uses

Property taxes in 2015 were $88,213.66.

>>

Large showroom and warehouse

>>

18ft ceiling heights in showroom

Additional Rent

Municipal Map Zoning >>

CS-1 Service Commercial Zoning allowing various uses including: •

>> Lougheed

Highway: 25,300* average daily vehicles (2010 traffic data) >> Alderson Avenue: 2,277* average daily vehicles (2015 traffic data) *Obtained from the City of Coquitlam’s Transportation Data Management System



Access/Egress >> Signalized

intersection at Lougheed Highway and Alderson Avenue >> Lougheed Highway: Right in; right out >> Alderson Avenue: All directional



Retails Sales including but not limited to: building supplies, garden supplies, household goods, liquor stores (subject to Provincial Regulation), motor vehicles, sporting goods Services including but not limited to: banking, building repair and maintenance, commercial recreational and fitness, restaurants, public houses, mini-warehouse, rental services, repair and maintenance of motor vehicles Tourist Accommodation

Opportunity

Improvements

To occupy a large-format, freestanding commercial building at a high traffic signalized intersection.

The property is currently improved with a building that suits vehicle “dealership”. However, such building can be easily adapted to accommodate other uses. Building area is as follows:

Location The property is located at the southwest corner of Lougheed Highway and Alderson Avenue in Coquitlam. It occupies a high profile location along Lougheed Highway, minutes from Highway No.1 and Lougheed Mall.

Main Floor

14,807 SF

Mezzanine

4,576 SF

TOTAL

19,383 SF

In addition, the lot is fully paved.

Property Features Financial Terms

Area Profile The population of Coquitlam is currently estimated to be 138,305 and growing (2015 Sitewise estimates)

Asking Rate ($/SF) $18.00

Demographic Profile - 7 Minute Drive-time Estimates/Projections*

2015

2020

2025

Total Population

78,740

84,482

89,445

Total Households

32,004

35,393

38,546

$82,658

$93,168

$105,181

Avg. Household Income

(Estimates and Projections obtained from Sitewise)

Traffic Counts

>>

High exposure location

>>

Ample surface parking

Lease is to be fully net.

>>

CS-1 zoning permitting a broad range of uses

Property taxes in 2015 were $88,213.66.

>>

Large showroom and warehouse

>>

18ft ceiling heights in showroom

Additional Rent

Municipal Map Zoning >>

CS-1 Service Commercial Zoning allowing various uses including: •

>> Lougheed

Highway: 25,300* average daily vehicles (2010 traffic data) >> Alderson Avenue: 2,277* average daily vehicles (2015 traffic data) *Obtained from the City of Coquitlam’s Transportation Data Management System



Access/Egress >> Signalized

intersection at Lougheed Highway and Alderson Avenue >> Lougheed Highway: Right in; right out >> Alderson Avenue: All directional



Retails Sales including but not limited to: building supplies, garden supplies, household goods, liquor stores (subject to Provincial Regulation), motor vehicles, sporting goods Services including but not limited to: banking, building repair and maintenance, commercial recreational and fitness, restaurants, public houses, mini-warehouse, rental services, repair and maintenance of motor vehicles Tourist Accommodation

Floor Plan

MEZZANINE

GROSS MEZZANINE AREA: 4,576 SF

MAIN FLOOR

Lougheed Highway

GROSS GROUND FLOOR AREA: 14,807 SF

CH = Ceiling Heights DH = Door Heights

SFU

re

Futu

1

een

gr Ever

Line

.1 No ay hw

Ave

nue

Blue

rson

Mou

Alde

ntain

Stre

et

Hig

ay

d Highw

Loughee

1

ine rain L SkyT ad m iu o R nn Mille North

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

SHELDON SCOTT* TEL: 604 662 2660 [email protected]

DARREN CANNON* 604 662 2637 [email protected]

FOR LEASE

LARGE-FORMAT COMMERCIAL BUILDING

688

LOUGHEED HIGHWAY COQUITLAM, BC

TEL:

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 excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2016. 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. VP 04/2016

PROPERTY INQUIRIES SHELDON SCOTT* TEL: 604 662 2660 [email protected] DARREN CANNON* 604 662 2637 [email protected]

TEL: