For Sale Retail City Centre Square
For Sale Retail City Centre Square
20300 Fraser Highway, Langley, BC 24,511 sq ft Location
Highlights
City Centre Square is located at the controlled intersection of the Fraser Highway and 203rd Street in the heart of Langley’s Central Business district. The Fraser Highway is one of the major east-west corridors servicing the Fraser Valley. 203rd Street is the major north/south artery connecting Willowbrook to the central business district via the new 204th Street Overpass.
•
Exposure on three sides
•
Grade level parking for tenants
•
Quality improvements, well maintained
•
Good tenant mix
•
Good access and egress
Sean Ogilvie [email protected] Direct Tel: 604 630 3402
Tel: 604 684 7117
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
20300 Fraser Highway, Langley, BC 24,511 sq ft Legal Description
Tenants
PL NWP37847 LT 82 DL 36 LD 36 Group 2, EXC PT DEDICATED RD ON PL NWP77627 & DL
•
Dairy Queen
•
Dr. Sin (Dentist)
•
Subway
•
Mocha Room Cafe
PID: 003-094-987
•
The Cash Store
•
BCBC
•
Pho Thai Hoang
Zoning C-1 Downtown Commercial Zoning
Site Size 68,389 sq ft (1.57 acres)
Gross Leaseable Area 24,511 sq ft, over three quality buildings
Asking Price $6,298,000.00
$6,098,000.00
Property Taxes (2013) $103,806.02
Net Operating Income $379,136.00* *Assumes vacancy of 7,299 sq ft at $11.00 per sq ft NNN.
Tel: 604 684 7117
Site Plan
CONTROLLED INTERSECTION
Fras e
r Hi
PARKING
ghw
ay
PAT IO
DRIVE THRU PAD
203rd Street
EXISTING BUILDING ONE STOREY STAFF PARKING
CITY CENTRE SQUARE PARKING
e
enu v hA
t
56 CONTROLLED INTERSECTION
www.dtzvancouver.com
20300 Fraser Highway, Langley, BC 24,511 sq ft
Do
ug
la s
Cr
es
NEW CITY HALL
203 St
ve 56 A
Frase r
Hw y
Demographics (2012 Estimate) 1 km
3 km
5 km
12,499
51,609
98,230
Median Age
41.6
37.9
38.1
Average Age
31
37
49
Average Household Income
$52,306
$78,678
$89,865
Occupied Dwellings — Owned
45.8%
72.1%
78.1%
Apartment, low and high rise
Houses
Houses
Resident Population
Dominant Building Type
Sean Ogilvie [email protected] Direct Tel: 604 630 3402
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
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. 08/2014.
Tel: 604 684 7117
www.dtzvancouver.com
20300 Fraser Highway, Langley, BC 24,511 sq ft Location
Highlights
City Centre Square is located at the controlled intersection of the Fraser Highway and 203rd Street in the heart of Langley’s Central Business district. The Fraser Highway is one of the major east-west corridors servicing the Fraser Valley. 203rd Street is the major north/south artery connecting Willowbrook to the central business district via the new 204th Street Overpass.
•
Exposure on three sides
•
Grade level parking for tenants
•
Quality improvements, well maintained
•
Good tenant mix
•
Good access and egress
Sean Ogilvie [email protected] Direct Tel: 604 630 3402
Tel: 604 684 7117
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
20300 Fraser Highway, Langley, BC 24,511 sq ft Legal Description
Tenants
PL NWP37847 LT 82 DL 36 LD 36 Group 2, EXC PT DEDICATED RD ON PL NWP77627 & DL
•
Dairy Queen
•
Dr. Sin (Dentist)
•
Subway
•
Mocha Room Cafe
PID: 003-094-987
•
The Cash Store
•
BCBC
•
Pho Thai Hoang
Zoning C-1 Downtown Commercial Zoning
Site Size 68,389 sq ft (1.57 acres)
Gross Leaseable Area 24,511 sq ft, over three quality buildings
Asking Price $6,298,000.00
$6,098,000.00
Property Taxes (2013) $103,806.02
Net Operating Income $379,136.00* *Assumes vacancy of 7,299 sq ft at $11.00 per sq ft NNN.
Tel: 604 684 7117
Site Plan
CONTROLLED INTERSECTION
Fras e
r Hi
PARKING
ghw
ay
PAT IO
DRIVE THRU PAD
203rd Street
EXISTING BUILDING ONE STOREY STAFF PARKING
CITY CENTRE SQUARE PARKING
e
enu v hA
t
56 CONTROLLED INTERSECTION
www.dtzvancouver.com
20300 Fraser Highway, Langley, BC 24,511 sq ft
Do
ug
la s
Cr
es
NEW CITY HALL
203 St
ve 56 A
Frase r
Hw y
Demographics (2012 Estimate) 1 km
3 km
5 km
12,499
51,609
98,230
Median Age
41.6
37.9
38.1
Average Age
31
37
49
Average Household Income
$52,306
$78,678
$89,865
Occupied Dwellings — Owned
45.8%
72.1%
78.1%
Apartment, low and high rise
Houses
Houses
Resident Population
Dominant Building Type
Sean Ogilvie [email protected] Direct Tel: 604 630 3402
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
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. 08/2014.
Tel: 604 684 7117
www.dtzvancouver.com
