FOR SALE | INDUSTRIAL 150 GLACIER STREET COQUITLAM, BC
FOR SALE | INDUSTRIAL 150 GLACIER STREET COQUITLAM, BC
ff 34,400 SF on 10.313 Acres Opportunity
Location
Highway, only 25 minutes from downtown. The building, which totals 34,400 SF, is
block east of United Boulevard, backing
To purchase the only large (10.3 acre) industrial site available along the TransCanada 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 and power.
The vendor will be vacating most of the building and about 4 acres of yard leaving a revenue stream from half of the yard and some mezzanine offices. The entire property could be available to a purchaser if they required all.
At the north end of Glacier Street one onto Lougheed Highway in the Mayfair 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
10.313 acres comprising 5.747 acres clear and unencumbered and
Zoning
M-1 (Industrial permitting a wide range of industrial, manufacturing, warehousing, and storage uses)
ff Tilt up concrete construction
ff Paved customer parking area and ample paved yard area with storm drainage
ff Covered, open storage section ff 347/600 volt 3 phase power
ff Oversized grade level loading doors
Description of Improvements
The site is improved with a tilt up concrete warehouse building with a 2 level office at the front. The building is U-shaped with a
ff 5 ton overhead crane
ff Dock loading ramp on yard
courtyard accessing a number of large drive-in loading doors.
Yard Features
Tenancies
ff Catch basins for storm drainage
The property currently has 8 tenants. All leases are short terms
except for the yard lease to Ground X expiring in March 2018 and
the office lease to Valley Driving School expiring in 2020. Potential for over $900,000 of triple net income.
Building Area (Approx.) Office (2nd floor)
3,500 SF
Warehouse/shop
20,900 SF
Total
34,400 SF
Office (Main floor) Covered Storage
ff Fully paved
ff Some yard lighting
ff Fully fenced perimeter
ff Rail spur adjacent to property
ff Site was preloaded and has a solid footage
Environmental
The vendor has conducted a full environmental review and the site
3,500 SF
has no environmental issues.
6,500 SF
Property Taxes (2017) $231,247.00
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. 10/06/17.
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com
ff 34,400 SF on 10.313 Acres Opportunity
Location
Highway, only 25 minutes from downtown. The building, which totals 34,400 SF, is
block east of United Boulevard, backing
To purchase the only large (10.3 acre) industrial site available along the TransCanada 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 and power.
The vendor will be vacating most of the building and about 4 acres of yard leaving a revenue stream from half of the yard and some mezzanine offices. The entire property could be available to a purchaser if they required all.
At the north end of Glacier Street one onto Lougheed Highway in the Mayfair 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
10.313 acres comprising 5.747 acres clear and unencumbered and
Zoning
M-1 (Industrial permitting a wide range of industrial, manufacturing, warehousing, and storage uses)
ff Tilt up concrete construction
ff Paved customer parking area and ample paved yard area with storm drainage
ff Covered, open storage section ff 347/600 volt 3 phase power
ff Oversized grade level loading doors
Description of Improvements
The site is improved with a tilt up concrete warehouse building with a 2 level office at the front. The building is U-shaped with a
ff 5 ton overhead crane
ff Dock loading ramp on yard
courtyard accessing a number of large drive-in loading doors.
Yard Features
Tenancies
ff Catch basins for storm drainage
The property currently has 8 tenants. All leases are short terms
except for the yard lease to Ground X expiring in March 2018 and
the office lease to Valley Driving School expiring in 2020. Potential for over $900,000 of triple net income.
Building Area (Approx.) Office (2nd floor)
3,500 SF
Warehouse/shop
20,900 SF
Total
34,400 SF
Office (Main floor) Covered Storage
ff Fully paved
ff Some yard lighting
ff Fully fenced perimeter
ff Rail spur adjacent to property
ff Site was preloaded and has a solid footage
Environmental
The vendor has conducted a full environmental review and the site
3,500 SF
has no environmental issues.
6,500 SF
Property Taxes (2017) $231,247.00
Asking Price $19,500,000
he
y
Lo
ug
h
Hw
y
ite d
ug
Hw
Un
Lo
ed
d ee
Bl
SUBJECT
vd
y
BC
Hw
7
Po r t Man n B ri dge
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. 10/06/17.
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com
