For Sale Industrial - Altus InSite
For Sale Industrial Investment Property 1st Avenue and Boundary Road Industrial Area
3920 Grant Street, Burnaby, BC 5,498 sq ft Location
Highlights
The property is located in the popular 1st Avenue and Boundary Road area. The building is on the south side of Grant Street between Ingleton Avenue and Douglas Road. This central location provides quick access to Lougheed Highway, Trans Canada Highway, Downtown, and the North Shore.
•
Property leased until 2019
•
Recently renovated
•
Affordable investment opportunity
•
Walking distance to Rapid Transit (Gilmore Station)
Chris McIntyre | Personal Real Estate Corporation [email protected] Direct Tel: 604 630 3392 Cellular: 604 889 0699
Tel: 604 684 7117
Ryan Barichello [email protected] Direct Tel: 604 630 3371 Cellular: 604 889 4146
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
3920 Grant Street, Burnaby, BC 5,498 sq ft Zoning
Property Taxes (2014)
M3 (Heavy Industrial). The zoning also permits the uses in M1 + M2
$16,207.01
Features
Assessed Value
•
Concrete block construction
•
1 grade level door (10’ x 10’)
Land
$668,000.00
•
200 amp 3 phase electrical power
Building
$257,000.00
•
Gas forced air unit heaters
Total
$925,000.00
•
Floor drains
Tenancy & Income
•
Skylights
•
Lunchroom with kitchenette & sink
•
Reception area & counter
The property is fully leased to Burnaby Auto Spa, an automotive detailing business until April 30, 2019. The tenant has a five (5) option to renew. The tenant currently pays $43,983.96 per annum triple net. The basic rent increases to $45,358.50 per annum May 1, 2017.
Building Area 5,498 sq ft
Asking Price $1,085,000.00
Lot Size 50’ x 132’
Chris McIntyre | Personal Real Estate Corporation [email protected] Direct Tel: 604 630 3392 Cellular: 604 889 0699
Ryan Barichello [email protected] Direct Tel: 604 630 3371 Cellular: 604 889 4146
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. DTZ Vancouver Real Estate Ltd. 10/2014.
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
3920 Grant Street, Burnaby, BC 5,498 sq ft Location
Highlights
The property is located in the popular 1st Avenue and Boundary Road area. The building is on the south side of Grant Street between Ingleton Avenue and Douglas Road. This central location provides quick access to Lougheed Highway, Trans Canada Highway, Downtown, and the North Shore.
•
Property leased until 2019
•
Recently renovated
•
Affordable investment opportunity
•
Walking distance to Rapid Transit (Gilmore Station)
Chris McIntyre | Personal Real Estate Corporation [email protected] Direct Tel: 604 630 3392 Cellular: 604 889 0699
Tel: 604 684 7117
Ryan Barichello [email protected] Direct Tel: 604 630 3371 Cellular: 604 889 4146
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
3920 Grant Street, Burnaby, BC 5,498 sq ft Zoning
Property Taxes (2014)
M3 (Heavy Industrial). The zoning also permits the uses in M1 + M2
$16,207.01
Features
Assessed Value
•
Concrete block construction
•
1 grade level door (10’ x 10’)
Land
$668,000.00
•
200 amp 3 phase electrical power
Building
$257,000.00
•
Gas forced air unit heaters
Total
$925,000.00
•
Floor drains
Tenancy & Income
•
Skylights
•
Lunchroom with kitchenette & sink
•
Reception area & counter
The property is fully leased to Burnaby Auto Spa, an automotive detailing business until April 30, 2019. The tenant has a five (5) option to renew. The tenant currently pays $43,983.96 per annum triple net. The basic rent increases to $45,358.50 per annum May 1, 2017.
Building Area 5,498 sq ft
Asking Price $1,085,000.00
Lot Size 50’ x 132’
Chris McIntyre | Personal Real Estate Corporation [email protected] Direct Tel: 604 630 3392 Cellular: 604 889 0699
Ryan Barichello [email protected] Direct Tel: 604 630 3371 Cellular: 604 889 4146
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. DTZ Vancouver Real Estate Ltd. 10/2014.
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
