INDUsTrIal 150 Glacier Street CoqUITlam, BC - Amazon Simple ...

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For sale | INDUSTRIAL 150 Glacier Street Coquitlam, BC

ff 34,400 SF on 10.313 Acres Opportunity

Location

the TransCanada Highway, and only 25 minutes from downtown.

Boulevard, backing onto Lougheed Highway in the Mayfair

To purchase the only long (10.3 acre) industrial site available along

The building, which totals 34,400, is located at the front of the

property and the site has a controlled single point of access from the north end of Glacier Street. The yard is fully fenced and fully paved with storm drainage.

At the north end of Glacier Street one block east of United Industrial Park. The site is accessible to the Lougheed and TransCanada Highway with its location off the Cape Horn Interchange. Almost all areas of the Lower Mainland are within a half hour drive.

Steve Caldwell

Personal Real Estate Corporation

D 604.895.2224 C 604.809.3122 steve.caldwell@lee–associates.com 475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com

For sale | INDUSTRIAL 150 Glacier Street Coquitlam, BC Site Size

Building Features

4.566 acres encumbered by BC Hydro Power Lines

ff Fully furnished, air conditioned office

ff Tilt up concrete construction

10.313 acres comprising 5.747 acres clear and unencumbered and

ff Paved customer parking area and ample paved yard area with

Zoning

storm drainage

M-1 (Industrial permitting a wide range of industrial, manufacturing,

ff Covered, open storage section

warehousing, and storage uses)

ff 347/600 volt 3 phase power

ff Oversized grade level loading doors

Description of Improvements

ff 5 ton overhead crane

The site is improved with a tilt up concrete warehouse building

ff Dock loading ramp on yard

with a 2 level office at the front. The building is U-shaped with a courtyard accessing a number of large drive-in loading doors.

Yard Features

Tenancies

ff Catch basins for storm drainage

ff Fully paved

The property has 8 tenants paying a gross rental rate of approx.

ff Some yard lighting

$600,000. All leases are short terms except for the yard lease to

ff Fully fenced perimeter

Ground X expiring in March 2018 and the office lease to Valley

ff Rail spur adjacent to property

Driving School expiring in 2020.

Building Area

Environmental

The vendor is conducting a full environmental review and will

Office (2nd floor)

3,500 SF

Warehouse/shop

20,900 SF

Total

34,400 SF

Office (Main floor) Covered Storage

provide details to qualified purchasers

3,500 SF

Property Taxes (2017) $231,247.00

6,500 SF

Asking Price $19,500,000

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Disclaimer: 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. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 09/06/17.

475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com