For Sale Investment Opportunity 7464 Hume Avenue, Delta, BC

Report 12 Downloads 46 Views
For Sale Investment Opportunity Delta, BC

7464 Hume Avenue, Delta, BC • 20,884 Square Foot Facility on 0.92 Acres of Land • Fully leased until August 31, 2014 • Tilbury Industrial Park Anthony Lux [email protected] Direct Tel: (604) 630 3377 Cellular: (604) 781 5949

Casey Bell [email protected] Direct Tel: (604) 630 3404 Cellular: (604) 340 3173

Tel: (604) 684 7117

DTZ Barnicke Vancouver Limited 800 – 475 West Georgia Street Vancouver, BC Canada V6B 4M9

www.dtzvancouver.com

Site Plan Civic Address & Legal Description: 7464 Hume Avenue – Lot 116 District Lot 128 Group 2 New Westminster District Plan 61530 PID 001-185-861

24’ 24’

96’

24’

29’

G 24’

I

50’

50’ 25’

E OFFICE

20’

Zoning: I-2 (Heavy Industrial) – This zoning permits a wide variety of manufacturing and distribution type uses.

75’

25’ 25’

Property Description: 20,884 square foot building on 0.92 acres of land

GRADE LOADING DOORS 50’

I

=

Ink Room

C

=

Compressor Room

E

=

Electrical Room

*Not to Scale

Tel: (604) 684 7117

G

C

G

Location: The subject property is located in the Tilbury Industrial Park which has emerged as one of the premier industrial parks in the Lower Mainland. The area is popular for its relatively quick access to YVR, Downtown Vancouver, Deltaport and the U.S. border. Its proximity to Highway #99 and Highway #91 makes it accessible for attracting employees for both manufacturing and distribution oriented companies. Tilbury Business Park has attracted numerous recognizable companies including ICI Paints, Saputo, Arpac, A.T.S. Electro-Lube International, Scott-Bathgate, Manterra Technologies, Mapei, Tri-Star Industries, Buckeye Canada, Leslie Forest Products, Toyota Captin Auto Parts, Elite Furniture and Home Depot.

129’

Parking Area

Opportunity: To purchase a fully leased freestanding building within the Tilbury Industrial Park. The tenant, Polex Manufacturing, has been in business since 1985 and is leasing the property until August 31, 2014.

7464 Hume Avenue Delta, BC

Building Features: •

Metal clad construction



2 grade level loading doors (12’W x 14’H & 10’W x 10’H) on west side of the building and a 6’W x 8’H on east side of the

Building Description: Ground Floor Office Warehouse

1,000 sq ft 19,884 sq ft

Total Area

20,884 sq ft

building

Net Income:



600 amp 600 volt power 3 phase power



Fluorescent lighting in the office and the warehouse



Constructed in 1982 and expanded in 1985

Year 1 $149,000 per annum net ($7.13/sq ft) Year 2 $156,000 per annum net ($7.47/sq ft) Year 3 $192,000 per annum net ($9.20/sq ft)



Radiant heating in the office and the warehouse



Two silos on a concrete pad



17.5’ to 21’ warehouse ceiling height



Shipper’s office



Property Taxes (2011): $35,276.44

Skylights in the warehouse

Assessed Value (2012): Land Improvements

$952,000 $1,314,000



Warehouse ventilation fans

Total Area

$2,266,000



Ink room and compressor room not included in the square footage

Sale Price: $2,295,000

*Plans available from listing agent

www.dtzvancouver.com

7464 Hume Avenue Delta, BC TILBURY INDUSTRIAL PARK

Anthony Lux [email protected] Direct Tel: (604) 630 3377 Cellular: (604) 781 5949

Casey Bell [email protected] Direct Tel: (604) 630 3404 Cellular: (604) 340 3173

Tel: (604) 684 7117

DTZ Barnicke Vancouver Limited 800 – 475 West Georgia Street Vancouver, BC Canada V6B 4M9

Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke Vancouver Limited, Real Estate Brokerage 02/2012.