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.