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