FOR SALE LEASE INDUSTRIAL 1305 Welch St - Forman Pilkington

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FOR Sale Or lease 1305 WELCH STREET, NORTH VANCOUVER NORGATE BUSINESS PARK

WAREHOUSE/OFFICE SPACES FOR SALE For Further Information: ROSS FORMAN, PREC*

JEFF PILKINGTON

604-980-3003 RE/MAX Crest Realty

[email protected] PREC - Personal Real Estate Corporation

WWW.FORMANPILKINGTON.COM

FOR Sale Or lease 1305 WELCH STREET, NORTH VANCOUVER Location Norgate Business Park is a strata industrial development that fronts both West 1st Street and Welch Street, just minutes from the Lions Gate Bridge and West Vancouver. The building is nicely kept and was recently painted.

Features • • • • •

Asking Net Lease Rate

High ceiling warehouse spaces Front office/reception/showroom area Each unit has grade level loading door Professionally managed complex Many amenities close by

Size Unit (sq.ft.)

Asking Price

Strata Fee

Unit 215 - $13.50 per square foot, per annum.

Operating costs and taxes Unit 215 - $6.50 per square foot. Estimated for 2014.

Property Parking Taxes

Net Income

Lease expiry

105

1,473

$450,738

$156.95 per month

$6,769.14 (2014)

2 stalls

$19,149.00

July 31st, 2015 (2 year option)

207

2,536

$784,000

$270.22 per month

$11,763.94 (2014)

3 stalls

$34,249.50

October 31st, 2017

215

2,385

$736,900

$254.17 per month

$11,503.96 (2014)

3 stalls

Also available for lease.

217

2,455

$758,900

$261.62 per month

$11,373.99 (2014)

3 stalls

Available for vacant possession April 1st, 2015

This document has been prepared by RE/MAX Crest Realty for advertising purposes and general information only and RE/MAX Crest Realty does not guarantee, warrant or represent that the information contained within is correct. We have no reason to doubt its accuracy but we regret we cannot guarantee it. All properties subject to change or withdrawal without notice. This communication is not intended to cause or induce breach of an existing listing agreement.

WAREHOUSE SPACES WITH OFFICE AVAILABLE FOR SALE For Further Information: ROSS FORMAN, PREC*

JEFF PILKINGTON

604-980-3003 [email protected]

Presentation Centre: 201, 1460 Main Street North Vancouver, BC V7J 1C8

Tel: 604-980-3003 Fax: 604-484-2203

WWW.FORMANPILKINGTON.COM