for sale | industrial investment 2120 hartley avenue
FOR SALE | INDUSTRIAL INVESTMENT 2120 HARTLEY AVENUE COQUITLAM, BC
ff 32,845 SF Manufacturing Facility ff Strong Covenant ff Owner/User Potential Location
Highlights
South side of Hartley Avenue between Fawcett Road and Schooner
ff Fully piled foundation
The subject property is located behind the Hardrock Casino on the
Street in the Pacific Reach Business Park. The site is located one block South of United Boulevard, and has easy access to Highway 1 and the Lougheed Highway. Downtown is 25 minutes by car.
ff Approx. half an acre fully fenced and paved yard storage ff Nearly $300,000 of power upgrades
ff 7 grade loading doors 14’—16’ high with electric openers ff 2 cranes installed (5 ton and 3 ton) ff Strong fully net single tenant lease
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 | leevancouver.com
FOR SALE | INDUSTRIAL INVESTMENT 2120 HARTLEY AVENUE COQUITLAM, BC Legal Description
Lot Size
Zoning
Tenancy
Features
Lease Term
ff T-5 lighting in the warehouse
Renewal option — 2 terms of 5 years
Part of Lot 16, DL 20, PLNWD 45847 (to be subdivided)
M-2, which allows for general industrial and warehousing
ff Radiant heating in the warehouse
ff Office area includes private offices, boardroom, open office area, kitchen and first aid room
ff Compressed air lines & exhausted ventilation in shop
Ground floor office Mezzanine office Warehouse Total
Weatherhaven Global Resources Ltd.
5 years June 1, 2016 to June 30, 2021
ff Heavy 3 phase power
Building Area
Approximately 1.65 acres (subject to final subdivision survey plan)
Monthly
Annually
Per SF
Aug 1, 2016–July 31, 2019
$21,212.40
$254,548.80
$7.75
Aug1, 2019—July 31, 2021
$21,893.69
$262,724.28
$8.00
Income (Fully Net)
Asking Price
3,760 SF 3,760 SF
$8,095,000
25,325 SF
32,845 SF
Hard Rock Casino
Hartley A ve
Steve Caldwell
Personal Real Estate Corporation
D 604.895.2224 C 604.809.3122 steve.caldwell@lee–associates.com
leevancouver.com
SUBJECT
FOR SALE | INDUSTRIAL INVESTMENT 2120 HARTLEY AVENUE COQUITLAM, BC
Hartley Ave
Fawcett Rd 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. 02/14/18.
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | leevancouver.com
ff 32,845 SF Manufacturing Facility ff Strong Covenant ff Owner/User Potential Location
Highlights
South side of Hartley Avenue between Fawcett Road and Schooner
ff Fully piled foundation
The subject property is located behind the Hardrock Casino on the
Street in the Pacific Reach Business Park. The site is located one block South of United Boulevard, and has easy access to Highway 1 and the Lougheed Highway. Downtown is 25 minutes by car.
ff Approx. half an acre fully fenced and paved yard storage ff Nearly $300,000 of power upgrades
ff 7 grade loading doors 14’—16’ high with electric openers ff 2 cranes installed (5 ton and 3 ton) ff Strong fully net single tenant lease
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 | leevancouver.com
FOR SALE | INDUSTRIAL INVESTMENT 2120 HARTLEY AVENUE COQUITLAM, BC Legal Description
Lot Size
Zoning
Tenancy
Features
Lease Term
ff T-5 lighting in the warehouse
Renewal option — 2 terms of 5 years
Part of Lot 16, DL 20, PLNWD 45847 (to be subdivided)
M-2, which allows for general industrial and warehousing
ff Radiant heating in the warehouse
ff Office area includes private offices, boardroom, open office area, kitchen and first aid room
ff Compressed air lines & exhausted ventilation in shop
Ground floor office Mezzanine office Warehouse Total
Weatherhaven Global Resources Ltd.
5 years June 1, 2016 to June 30, 2021
ff Heavy 3 phase power
Building Area
Approximately 1.65 acres (subject to final subdivision survey plan)
Monthly
Annually
Per SF
Aug 1, 2016–July 31, 2019
$21,212.40
$254,548.80
$7.75
Aug1, 2019—July 31, 2021
$21,893.69
$262,724.28
$8.00
Income (Fully Net)
Asking Price
3,760 SF 3,760 SF
$8,095,000
25,325 SF
32,845 SF
Hard Rock Casino
Hartley A ve
Steve Caldwell
Personal Real Estate Corporation
D 604.895.2224 C 604.809.3122 steve.caldwell@lee–associates.com
leevancouver.com
SUBJECT
FOR SALE | INDUSTRIAL INVESTMENT 2120 HARTLEY AVENUE COQUITLAM, BC
Hartley Ave
Fawcett Rd 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. 02/14/18.
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | leevancouver.com
