north fraser way burnaby bc
FOR SALE 8398
NORTH FRASER WAY BURNABY |BC Industrial Ownership Opportunities in South Burnaby UNITS STARTING AT 11,879 Sq. ft. Available Spring 2016
For Project Information:
for mortgage financing:
PROJECT BROUGHT TO YOU BY
CHRIS MACCAULEY* VICE PRESIDENT 604.662.5190 [email protected]
RILEY YOUNG ASSOCIATE VICE PRESIDENT 604.662.5571 [email protected]
MARKETED BY
*Personal Real Estate Corporation
JASON KISELBACH SALES ASSOCIATE 604.662.5108 [email protected]
8398 NORTH FRASER WAY THE OPPORTUNITY
OWN VS. LEASE ANALYSIS - 14,260 SQ. FT. UNIT
Crescent Business Centre provides industrial occupiers with a rare opportunity to purchase a brand new, high quality facility in one of the most popular industrial sub-markets in Metro Vancouver.
ANNUAL COST own
Interest
Annual mortgage payment $106,742
LEASE
Principal
Annual Net Lease Payment $135,470
BUILDING FEATURES »» »» »» »» »» »» »»
26 foot clear height 500 lbs per sq. ft. floor load 2 - 3 dock loading per bay with 40,000 lbs levelers 1 grade loading per bay ESFR sprinkler system 200 amps power service per bay at 374/600 volts T5 high efficiency lighting
BEEDIE SERVICE PLUS PROGRAM Beedie Development Group is committed to providing purchasers with the same high level of quality and service that they have built their reputation on over the past 60 years. Beedie’s Service Plus program ensures purchasers receive exceptional customer service from prior to move-in through the warranty period. Once a building is complete, owners remain in good hands as the Service Plus team is there to provide a lifetime of support.
25K
50K
75K
100K
125K
150K
ASSUMPTIONS
$205 per sq. ft.
2.9%
35%
Interest Rate
Down Payment
$9.50
Sale Price
per sq. ft.
Net Lease Rate CONCLUSION Build equity for less than the cost of a lease.
PROJECT SITE PLAN*
SOLD Unit 101 11,199 sq. ft. $2,295,795
SOLD Unit 102 14,260 sq. ft. $2,923,300
Unit 103 14,299 sq. ft.
Unit 104 14,260 sq. ft. $2,923,300
Unit 105 14,000 sq. ft. $2,870,000
SOLD
UNDER CONTRACT
Unit 106 14,260 sq. ft.
Unit 107 14,260 sq. ft. $2,923,300
SOLD Unit 108 11,879 sq. ft. $2,435,195
*The Asking Price reflects shell warehouse space with one unisex washroom. The developer can provide a separate quote to construct additional improvements based on each purchaser’s specific requirements.
Unit 109 13,697 sq. ft. $2,807,885
LOCATION OVERVIEW The subject property is located in the Big Bend sub-market of south Burnaby. This sub-market has become one of the most desired areas in Metro Vancouver for brand name industrial occupiers due to its proximity to a wide population base, quick access to all municipalities, the quality of properties and the abundance of amenities.
Downtown Vancouver
d Roa y r a nd Bou R i ve
r wa y
G olf
C o ur
Metrotown SKYTRAIN
BURNABY
se
North Fraser Way
EDMONDS SKYTRAIN Marine Way Market Big Bend Crossing
Burnaby Business Park
Mari ne W ay Legend New 116 bus route connecting to Metrotown and Edmonds skytrain stations Skytrain Stations Burnaby Business Park Retail Riverway Golf Course Subject Property
CBRE Limited | 1111 West Georgia Street | Suite 600 | Vancouver, BC V6E 4M3 | www.cbre.ca This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
NORTH FRASER WAY BURNABY |BC Industrial Ownership Opportunities in South Burnaby UNITS STARTING AT 11,879 Sq. ft. Available Spring 2016
For Project Information:
for mortgage financing:
PROJECT BROUGHT TO YOU BY
CHRIS MACCAULEY* VICE PRESIDENT 604.662.5190 [email protected]
RILEY YOUNG ASSOCIATE VICE PRESIDENT 604.662.5571 [email protected]
MARKETED BY
*Personal Real Estate Corporation
JASON KISELBACH SALES ASSOCIATE 604.662.5108 [email protected]
8398 NORTH FRASER WAY THE OPPORTUNITY
OWN VS. LEASE ANALYSIS - 14,260 SQ. FT. UNIT
Crescent Business Centre provides industrial occupiers with a rare opportunity to purchase a brand new, high quality facility in one of the most popular industrial sub-markets in Metro Vancouver.
ANNUAL COST own
Interest
Annual mortgage payment $106,742
LEASE
Principal
Annual Net Lease Payment $135,470
BUILDING FEATURES »» »» »» »» »» »» »»
26 foot clear height 500 lbs per sq. ft. floor load 2 - 3 dock loading per bay with 40,000 lbs levelers 1 grade loading per bay ESFR sprinkler system 200 amps power service per bay at 374/600 volts T5 high efficiency lighting
BEEDIE SERVICE PLUS PROGRAM Beedie Development Group is committed to providing purchasers with the same high level of quality and service that they have built their reputation on over the past 60 years. Beedie’s Service Plus program ensures purchasers receive exceptional customer service from prior to move-in through the warranty period. Once a building is complete, owners remain in good hands as the Service Plus team is there to provide a lifetime of support.
25K
50K
75K
100K
125K
150K
ASSUMPTIONS
$205 per sq. ft.
2.9%
35%
Interest Rate
Down Payment
$9.50
Sale Price
per sq. ft.
Net Lease Rate CONCLUSION Build equity for less than the cost of a lease.
PROJECT SITE PLAN*
SOLD Unit 101 11,199 sq. ft. $2,295,795
SOLD Unit 102 14,260 sq. ft. $2,923,300
Unit 103 14,299 sq. ft.
Unit 104 14,260 sq. ft. $2,923,300
Unit 105 14,000 sq. ft. $2,870,000
SOLD
UNDER CONTRACT
Unit 106 14,260 sq. ft.
Unit 107 14,260 sq. ft. $2,923,300
SOLD Unit 108 11,879 sq. ft. $2,435,195
*The Asking Price reflects shell warehouse space with one unisex washroom. The developer can provide a separate quote to construct additional improvements based on each purchaser’s specific requirements.
Unit 109 13,697 sq. ft. $2,807,885
LOCATION OVERVIEW The subject property is located in the Big Bend sub-market of south Burnaby. This sub-market has become one of the most desired areas in Metro Vancouver for brand name industrial occupiers due to its proximity to a wide population base, quick access to all municipalities, the quality of properties and the abundance of amenities.
Downtown Vancouver
d Roa y r a nd Bou R i ve
r wa y
G olf
C o ur
Metrotown SKYTRAIN
BURNABY
se
North Fraser Way
EDMONDS SKYTRAIN Marine Way Market Big Bend Crossing
Burnaby Business Park
Mari ne W ay Legend New 116 bus route connecting to Metrotown and Edmonds skytrain stations Skytrain Stations Burnaby Business Park Retail Riverway Golf Course Subject Property
CBRE Limited | 1111 West Georgia Street | Suite 600 | Vancouver, BC V6E 4M3 | www.cbre.ca This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
