for lease - Form Retail Advisors Inc.
FOR LEASE FOR LEASE
1301 LOUGHEED HIGHWAY COQUITLAM,BC
1301 LOUGHEED HIGHWAY COQUITLAM,BC
ANCHORED BY :
SUBJECT SITE
Ki
ng
Brunette Avenue
Ed
wa
rd
CAC TUS CLU B CAFE
Sch
St re
oolh
et
ous
e St
reet
hway
eed Hig
Lough
s Tran
y
hwa
a Hig
d Cana
vard
oule
ed B
Unit
FRASER MILLS APPROX. 3,700 UNITS UPON COMPLETION
DERICK FLUKER* 604 638 2125 [email protected] FORM RETAIL ADVISORS INC.
*Personal Real Estate Corporation
JORDAN CURTEANU 604 638 2124 [email protected]
FOR LEASE
1301 LOUGHEED HIGHWAY COQUITLAM,BC
THE OPPORTUNITY 1301 Lougheed Highway offers retailers the unique opportunity to lease grocery-anchored CRU adjacent to the entrance of the Real Canadian Superstore. The site enjoys significant foot traffic while offering traditional parking at the storefront and exceptional access off Lougheed Highway.
Can a
Hig
SUBJECT SITE
y (3
4,1
04
VP
)
wa
PD
igh
D)
hw
ay
ard
Str e
da
dH
et
Tra ns
ee
(2 0, 79 8V
gh
RAPIDLY EVOLVING COMMUNITY Recent changes to the City of Coquitlam OCP will lead to significant population growth in the immediate area. The property is well positioned to service an expanding market with population growth of 10.9% from 20082013 within a 5 KM radius and further projected growth of 12.3% by 2018.
Ki
ng E
dw
CO-TENANCY Retailers will benefit from the exceptional drawing power of Real Canadian Superstore and strong area co-tenants like, Ikea, SilverCity, Bed Bath & Beyond, Toys R Us, Winners, Staples, Home Outfitters, Marks, Petsmart and Sleep Country.
Brunette Avenue
Lou
Unit
ed B
oule
vard
IMPROVED TRANSPORTATION NETWORK Significant improvements to the area’s transportation network, most notably the new King Edward overpass and Port Mann bridge, greatly enhance the site’s accessibility and trade area.
LOCATION Conveniently located in South Coquitlam in the heart of the Lougheed Highway Commercial Corridor and centrally located to service all of Metro Vancouver.
CIVIC ADDRESS 1301 Lougheed Highway, Coquitlam, BC
AVAILABILITY Available Immediately
TRAFFIC COUNTS Lougheed Highway: 34,104 VPD
ASKING RATES Please contact listing agent.
PARKING 843 surface parking stalls (4.2 stalls/1,000 SF)
FORM RETAIL ADVISORS INC.
FOR LEASE
1301 LOUGHEED HIGHWAY COQUITLAM,BC
SITE PLAN UNIT
SIZE (SF)
STATUS
BLDG D
3,500 SF
Under Negotiation
BLDG E
7,500 SF
Under Negotiation
BLDG F
1,800 SF
Under Negotiation
LAN 76631
948 SF [MAIN]
1 SF [MEZZ]
SF
54 SF
1 SF
706 SF
0 SF
0 SF
0 SF
506 SF
STALLS
TALLS
STALLS
STALLS
1301 LOUGHEED HIGHWAY, COQUITLAM, BC
DENTAL CLINIC
3m) AISLE
6.7m) AISLE
1m) AISLE
7.3m) AISLE
7m) AISLE
(7.3m) AISLE
TOTAL EXISTING PARKING = 913 STALLS TOTAL PARKING LOSS = 70 STALLS TOTAL PROPOSED PARKING = 843 STALLS
B
TOTAL EXISTING PARKING WAS 923 STALLS -10 LOSS FOR SUPERSTORE REVISION NEW TOTAL EXISTING PARKING IS 913 STALLS
A1
D
For CHOICE DEVELOPMENT
GFA
COMMERCIAL DEVELOPMENT
STALLS/1000SF
E
C F
LOU
GHE
FORM RETAIL ADVISORS INC.
ED
HW
Y
OVERALL SITE PLAN
FOR LEASE
1301 LOUGHEED HIGHWAY COQUITLAM,BC
ACCESS & HIGHWAY 1/KING EDWARD STREET OVER PASS 1090 LOUGHEED ACCESS PLAN
ALL DIRECTIONAL SIGNALIZED INTERSECTION
LEFT-IN
NEW LEF T-IN AND RIGH T-IN FROM LOUGHEED HIGH WAY
RIGH T-IN OFF OF LOUGHEED HIGH WAY
ALL-DIRECTIONAL ALL-DIRECTIONAL
SUBJECT SITE
NEW RIGHT OUT LEFT OUT NEW BRIDGE
NEW ALIGNMENT OF WOOLBRIDGE STREET
NEW RIGH T-IN RIGH T-OUT
ALL DIRECTIONAL SIGNALIZED INTERSECTION
TRAFFIC AND SAFETY IMPROVEMENTS • •
New four-lane King Edward Street overpass replaced the existing three-
•
One new lane in each direction on Highway 1.
lane underpass.
•
New Lougheed Highway eastbound to Highway 1 overpass.
New four metre wide pedestrian/cyclist multi-use promenade along the
•
Efficient cycling connections between the new Port Mann Bridge multi-
west side of the King Edward Street overpass connecting to Maillardville
use path and Lougheed Highway, providing commuter and experienced
and Mackin Park (Lougheed Highway to United Boulevard), and a 1.8
cyclist access to the existing designated cycling corridor (shoulder of
metre cycling lane on the east side of King Edward Street.
Lougheed Highway).
FORM RETAIL ADVISORS INC.
LEASE FORFOR LEASE
1301 LOUGHEED HIGHWAY COQUITLAM,BC
1301 LOUGHEED HIGHWAY COQUITLAM, BC
Location Summary Report
Study Area
1301 Lougheed Highway - Primary Trade Area January 21, 2017
Household Income
Study Area $91,792 $71,615
Average HH Income Median HH Income
Province $95,869 $71,147
Households by Income
Population & Household Summary Total Population Population Growth 2011-2016 Population Growth 2016-2021
97,628 5.6% 6.1%
Population Projections 2011 Population 2016 Population 2021 Population 2026 Population
> $250K $ 200/250K $ 175-200K $ 150-175K $ 125-150K $ 100-125K $ 90-100K $ 80-90K $ 70-80K
Map
Age Cohorts
92,422 97,628 103,540 110,392
Population: 19 yrs and under Population: 20-64 yrs Population: Over 65 yrs Median Age
19,169 63,731 14,728 40.4
19.6% 65.3% 15.1%
Age Distribution 85+ 80-84
Total Households Household Growth 2011-2016 Household Growth 2016-2021 % of Households with Children % of Households - Married w/ Kids % of Households - Single Parent
37,998 5.3% 5.7% 41.1% 30.9% 10.2%
75-79
Total Number of Children at Home
27,323
50-54
70-74 65-69 60-64 55-59
45-49
Marital Status - Population 15 Years+ Single (never married) 25,510 Married/Common-Law 45,797 Widowed 4,616 Divorced 5,456 Separated (legally married) 2,148
$ 60-70K $ 50-60K $ 40-50K $ 30-40K
30.5% 54.8% 5.5% 6.5% 2.6%
$ 20-30K
40-44 35-39 30-34 25-29 20-24 15-19
< $20K 5,000
4,000
3,000
2,000
1,000
0
10-14 5-9 0-4
0
Workplace
2016 Transportation to Work Car as driver Car as passenger Public transit Walked Bicycle Other Method
Visible Minorities 31,719 2,006 10,688 2,294 634 756
38.7% 2.4% 13.0% 2.8% 0.8% 0.9%
Daytime Population Total Daytime Population 89,840 Daytime Pop. at Work 45,301 Daytime Pop. at Home 44,539
50.4% 49.6%
Occupations All occupations 54,298 Management 4,517 Business, Finance & Admin 10,123 Sciences 4,895 Health occupations 3,564 Education, Gov't and Religion 5,997 Art, Culture & Sport 1,953 Sales And Service 13,454 Trades 7,590 Primary Industry 452 Manufacturing 1,753
98.1% 8.2% 18.3% 8.8% 6.4% 10.8% 3.5% 24.3% 13.7% 0.8% 3.2%
Education No certificate or diploma High school or equiv Apprenticeship or trade cert. College, CEGEP or other University below bachelor University degree
2,000
Population by Visible Minority Chinese S. Asian (Inc. East Indian) Black Filipino Latin American Southeast Asian Arab West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities
0.0% Chinese
Black Filipino
13.3% 5.4% 1.5% 4.2% 1.5% 1.4% 0.7% 2.6% 6.3% 1.1% 0.2% 1.1%
11.8% 25.8% 9.0% 16.4% 6.8% 30.2%
15.0%
10,735 12,098 6,479 7,609 1,077
28.3% 31.8% 17.0% 20.0% 2.8%
15% 10% 5%
T 604 638 2121 F 604 638 2122 FORM.CA
42.8% 56.6% 11.3% 0.5%
30%
Japanese
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6
66.0% 34.0%
35%
Korean
Visible minority, n.i.e.
10,00
2016 Households by Size of Households
20%
Multiple vis. minorities
25,065 12,932
16,274 21,496 4,278 197
1 2 3 4-5 6+
25%
West Asian
8,000
2016 Private Dwellings by Structure Houses Apartments Detached duplex Movable dwelling
Southeast Asian
Powered by Sitewise Pro
FORM RETAIL ADVISORS INC.
10.0%
2016 Private Dwellings by Tenure Owned Rented
Latin American
Arab
9,702 21,138 7,358 13,426 5,584 24,731
5.0%
6,000
Home Ownership
12,099 4,894 1,401 3,784 1,380 1,266 595 2,333 5,709 1,044 175 966
Visible Minorities by Percentage
S. Asian (Inc. East Indian)
4,000
0% 1
2
3
4-5
6+
Data Source: 2016 Environics Analytics
The information contained herein has been prepared by Form Retail Advisors Inc. for advertising and general information only. Form Retail Advisors Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Form Retail Advisors Inc. excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This communication is not intended to cause or induce breach of an existing listing agreement.
1301 LOUGHEED HIGHWAY COQUITLAM,BC
1301 LOUGHEED HIGHWAY COQUITLAM,BC
ANCHORED BY :
SUBJECT SITE
Ki
ng
Brunette Avenue
Ed
wa
rd
CAC TUS CLU B CAFE
Sch
St re
oolh
et
ous
e St
reet
hway
eed Hig
Lough
s Tran
y
hwa
a Hig
d Cana
vard
oule
ed B
Unit
FRASER MILLS APPROX. 3,700 UNITS UPON COMPLETION
DERICK FLUKER* 604 638 2125 [email protected] FORM RETAIL ADVISORS INC.
*Personal Real Estate Corporation
JORDAN CURTEANU 604 638 2124 [email protected]
FOR LEASE
1301 LOUGHEED HIGHWAY COQUITLAM,BC
THE OPPORTUNITY 1301 Lougheed Highway offers retailers the unique opportunity to lease grocery-anchored CRU adjacent to the entrance of the Real Canadian Superstore. The site enjoys significant foot traffic while offering traditional parking at the storefront and exceptional access off Lougheed Highway.
Can a
Hig
SUBJECT SITE
y (3
4,1
04
VP
)
wa
PD
igh
D)
hw
ay
ard
Str e
da
dH
et
Tra ns
ee
(2 0, 79 8V
gh
RAPIDLY EVOLVING COMMUNITY Recent changes to the City of Coquitlam OCP will lead to significant population growth in the immediate area. The property is well positioned to service an expanding market with population growth of 10.9% from 20082013 within a 5 KM radius and further projected growth of 12.3% by 2018.
Ki
ng E
dw
CO-TENANCY Retailers will benefit from the exceptional drawing power of Real Canadian Superstore and strong area co-tenants like, Ikea, SilverCity, Bed Bath & Beyond, Toys R Us, Winners, Staples, Home Outfitters, Marks, Petsmart and Sleep Country.
Brunette Avenue
Lou
Unit
ed B
oule
vard
IMPROVED TRANSPORTATION NETWORK Significant improvements to the area’s transportation network, most notably the new King Edward overpass and Port Mann bridge, greatly enhance the site’s accessibility and trade area.
LOCATION Conveniently located in South Coquitlam in the heart of the Lougheed Highway Commercial Corridor and centrally located to service all of Metro Vancouver.
CIVIC ADDRESS 1301 Lougheed Highway, Coquitlam, BC
AVAILABILITY Available Immediately
TRAFFIC COUNTS Lougheed Highway: 34,104 VPD
ASKING RATES Please contact listing agent.
PARKING 843 surface parking stalls (4.2 stalls/1,000 SF)
FORM RETAIL ADVISORS INC.
FOR LEASE
1301 LOUGHEED HIGHWAY COQUITLAM,BC
SITE PLAN UNIT
SIZE (SF)
STATUS
BLDG D
3,500 SF
Under Negotiation
BLDG E
7,500 SF
Under Negotiation
BLDG F
1,800 SF
Under Negotiation
LAN 76631
948 SF [MAIN]
1 SF [MEZZ]
SF
54 SF
1 SF
706 SF
0 SF
0 SF
0 SF
506 SF
STALLS
TALLS
STALLS
STALLS
1301 LOUGHEED HIGHWAY, COQUITLAM, BC
DENTAL CLINIC
3m) AISLE
6.7m) AISLE
1m) AISLE
7.3m) AISLE
7m) AISLE
(7.3m) AISLE
TOTAL EXISTING PARKING = 913 STALLS TOTAL PARKING LOSS = 70 STALLS TOTAL PROPOSED PARKING = 843 STALLS
B
TOTAL EXISTING PARKING WAS 923 STALLS -10 LOSS FOR SUPERSTORE REVISION NEW TOTAL EXISTING PARKING IS 913 STALLS
A1
D
For CHOICE DEVELOPMENT
GFA
COMMERCIAL DEVELOPMENT
STALLS/1000SF
E
C F
LOU
GHE
FORM RETAIL ADVISORS INC.
ED
HW
Y
OVERALL SITE PLAN
FOR LEASE
1301 LOUGHEED HIGHWAY COQUITLAM,BC
ACCESS & HIGHWAY 1/KING EDWARD STREET OVER PASS 1090 LOUGHEED ACCESS PLAN
ALL DIRECTIONAL SIGNALIZED INTERSECTION
LEFT-IN
NEW LEF T-IN AND RIGH T-IN FROM LOUGHEED HIGH WAY
RIGH T-IN OFF OF LOUGHEED HIGH WAY
ALL-DIRECTIONAL ALL-DIRECTIONAL
SUBJECT SITE
NEW RIGHT OUT LEFT OUT NEW BRIDGE
NEW ALIGNMENT OF WOOLBRIDGE STREET
NEW RIGH T-IN RIGH T-OUT
ALL DIRECTIONAL SIGNALIZED INTERSECTION
TRAFFIC AND SAFETY IMPROVEMENTS • •
New four-lane King Edward Street overpass replaced the existing three-
•
One new lane in each direction on Highway 1.
lane underpass.
•
New Lougheed Highway eastbound to Highway 1 overpass.
New four metre wide pedestrian/cyclist multi-use promenade along the
•
Efficient cycling connections between the new Port Mann Bridge multi-
west side of the King Edward Street overpass connecting to Maillardville
use path and Lougheed Highway, providing commuter and experienced
and Mackin Park (Lougheed Highway to United Boulevard), and a 1.8
cyclist access to the existing designated cycling corridor (shoulder of
metre cycling lane on the east side of King Edward Street.
Lougheed Highway).
FORM RETAIL ADVISORS INC.
LEASE FORFOR LEASE
1301 LOUGHEED HIGHWAY COQUITLAM,BC
1301 LOUGHEED HIGHWAY COQUITLAM, BC
Location Summary Report
Study Area
1301 Lougheed Highway - Primary Trade Area January 21, 2017
Household Income
Study Area $91,792 $71,615
Average HH Income Median HH Income
Province $95,869 $71,147
Households by Income
Population & Household Summary Total Population Population Growth 2011-2016 Population Growth 2016-2021
97,628 5.6% 6.1%
Population Projections 2011 Population 2016 Population 2021 Population 2026 Population
> $250K $ 200/250K $ 175-200K $ 150-175K $ 125-150K $ 100-125K $ 90-100K $ 80-90K $ 70-80K
Map
Age Cohorts
92,422 97,628 103,540 110,392
Population: 19 yrs and under Population: 20-64 yrs Population: Over 65 yrs Median Age
19,169 63,731 14,728 40.4
19.6% 65.3% 15.1%
Age Distribution 85+ 80-84
Total Households Household Growth 2011-2016 Household Growth 2016-2021 % of Households with Children % of Households - Married w/ Kids % of Households - Single Parent
37,998 5.3% 5.7% 41.1% 30.9% 10.2%
75-79
Total Number of Children at Home
27,323
50-54
70-74 65-69 60-64 55-59
45-49
Marital Status - Population 15 Years+ Single (never married) 25,510 Married/Common-Law 45,797 Widowed 4,616 Divorced 5,456 Separated (legally married) 2,148
$ 60-70K $ 50-60K $ 40-50K $ 30-40K
30.5% 54.8% 5.5% 6.5% 2.6%
$ 20-30K
40-44 35-39 30-34 25-29 20-24 15-19
< $20K 5,000
4,000
3,000
2,000
1,000
0
10-14 5-9 0-4
0
Workplace
2016 Transportation to Work Car as driver Car as passenger Public transit Walked Bicycle Other Method
Visible Minorities 31,719 2,006 10,688 2,294 634 756
38.7% 2.4% 13.0% 2.8% 0.8% 0.9%
Daytime Population Total Daytime Population 89,840 Daytime Pop. at Work 45,301 Daytime Pop. at Home 44,539
50.4% 49.6%
Occupations All occupations 54,298 Management 4,517 Business, Finance & Admin 10,123 Sciences 4,895 Health occupations 3,564 Education, Gov't and Religion 5,997 Art, Culture & Sport 1,953 Sales And Service 13,454 Trades 7,590 Primary Industry 452 Manufacturing 1,753
98.1% 8.2% 18.3% 8.8% 6.4% 10.8% 3.5% 24.3% 13.7% 0.8% 3.2%
Education No certificate or diploma High school or equiv Apprenticeship or trade cert. College, CEGEP or other University below bachelor University degree
2,000
Population by Visible Minority Chinese S. Asian (Inc. East Indian) Black Filipino Latin American Southeast Asian Arab West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities
0.0% Chinese
Black Filipino
13.3% 5.4% 1.5% 4.2% 1.5% 1.4% 0.7% 2.6% 6.3% 1.1% 0.2% 1.1%
11.8% 25.8% 9.0% 16.4% 6.8% 30.2%
15.0%
10,735 12,098 6,479 7,609 1,077
28.3% 31.8% 17.0% 20.0% 2.8%
15% 10% 5%
T 604 638 2121 F 604 638 2122 FORM.CA
42.8% 56.6% 11.3% 0.5%
30%
Japanese
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6
66.0% 34.0%
35%
Korean
Visible minority, n.i.e.
10,00
2016 Households by Size of Households
20%
Multiple vis. minorities
25,065 12,932
16,274 21,496 4,278 197
1 2 3 4-5 6+
25%
West Asian
8,000
2016 Private Dwellings by Structure Houses Apartments Detached duplex Movable dwelling
Southeast Asian
Powered by Sitewise Pro
FORM RETAIL ADVISORS INC.
10.0%
2016 Private Dwellings by Tenure Owned Rented
Latin American
Arab
9,702 21,138 7,358 13,426 5,584 24,731
5.0%
6,000
Home Ownership
12,099 4,894 1,401 3,784 1,380 1,266 595 2,333 5,709 1,044 175 966
Visible Minorities by Percentage
S. Asian (Inc. East Indian)
4,000
0% 1
2
3
4-5
6+
Data Source: 2016 Environics Analytics
The information contained herein has been prepared by Form Retail Advisors Inc. for advertising and general information only. Form Retail Advisors Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Form Retail Advisors Inc. excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This communication is not intended to cause or induce breach of an existing listing agreement.
