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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: