Freestanding Retail Building
CONTACT US JASON TEAHEN* 604 661 0847 [email protected]
For Sale> Freestanding Retail Building 20411 Fraser Highway, Langley DEMOGRAPHICS
COLLIERS INTERNATIONAL Suite 1850, 13450-102nd Ave Surrey, BC V3T 5X3 604 681 4111 www.collierscanada.com
Demographic
1 Km
3 Km
5 Km
Total Population 2013
12,596
49,390
101,730
Projected Population 2018
15,668
55,470
119,925
Average Household Income 2013
$49,416
$76,797
$90,332
Total Households 2013
6,768
20,619
38,773
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation.
AD08072014
JASON TEAHEN* 604 661 0847 [email protected]
COLLIERS INTERNATIONAL Suite 1850 13450-102nd Ave Surrey, BC V3T 5X3 604 681 4111 www.collierscanada.com
OPPORTUNITY This is a rare opportunity to purchase a one storey multi-tenant retail building containing a total gross leasable area of 10,524 square feet, contained in five commercial rental units and situated on a 14,648 square foot lot (0.34 acres).
For Sale > 20411 Fraser Highway, Langley
LOCATION
MUNICIPAL ADDRESS
The City of Langley is a great place to live, work and do business. The central location, population density, skilled workforce and low business and living costs have made the City of Langley a hub of “earning” activity. The City of Langley is located in the centre of the Lower Mainland Economic Region, from Vancouver to Hope. This area is made up of two districts: Metro Vancouver (population: 2 million) and the Fraser Valley Regional District (population: 200,000). Langley (City population: 25,000; Township population: 95,000) is situated in the eastern edge of the Greater Vancouver Regional District and enjoys a trading population of roughly 500,000 (within a 30 minute commute).
20411 Fraser Highway, Langley, BC
AERIAL
LEGAL DESCRIPTION LOT 1 DISTRICT LOT 36 AND 309 GROUP 2 NEW WESTMINSTER DISTRICT PLAN 76511
PID 009-639-063
SITE AND BUILDING SIZE Site Size: 14,648 SF (0.34) Acres Building Size: 10,524 SF
ZONING C-1 Downtown Commercial Zone - The Downtown Commercial designation is intended to accommodate a broad range of retail, office and entertainment uses in addition to social, cultural and educational services and facilities and multiple family housing consistent with the pedestrian oriented character of the downtown core.
PROPERTY TAXES $42,130.63 (2013)
TOTAL ASSESSMENT
PROPERTY HIGHLIGHTS
$2,273,000 (2014)
>> Prominent corner site with excellent retail exposure
>> Building serviced by 5 separate roof top HVAC units
>> Located along main retail pedestrian corridor in picturesque Langley City
>> Constructed using a mix of structural steel, concrete block and wood frame
PURCHASE PRICE
>> Roof resurfaced in 2013
>> Building is currently 58% leased with 2 units being actively marketed for lease
$2,475,000
For Sale > 20411 Fraser Highway, Langley
LOCATION
MUNICIPAL ADDRESS
The City of Langley is a great place to live, work and do business. The central location, population density, skilled workforce and low business and living costs have made the City of Langley a hub of “earning” activity. The City of Langley is located in the centre of the Lower Mainland Economic Region, from Vancouver to Hope. This area is made up of two districts: Metro Vancouver (population: 2 million) and the Fraser Valley Regional District (population: 200,000). Langley (City population: 25,000; Township population: 95,000) is situated in the eastern edge of the Greater Vancouver Regional District and enjoys a trading population of roughly 500,000 (within a 30 minute commute).
20411 Fraser Highway, Langley, BC
AERIAL
LEGAL DESCRIPTION LOT 1 DISTRICT LOT 36 AND 309 GROUP 2 NEW WESTMINSTER DISTRICT PLAN 76511
PID 009-639-063
SITE AND BUILDING SIZE Site Size: 14,648 SF (0.34) Acres Building Size: 10,524 SF
ZONING C-1 Downtown Commercial Zone - The Downtown Commercial designation is intended to accommodate a broad range of retail, office and entertainment uses in addition to social, cultural and educational services and facilities and multiple family housing consistent with the pedestrian oriented character of the downtown core.
PROPERTY TAXES $42,130.63 (2013)
TOTAL ASSESSMENT
PROPERTY HIGHLIGHTS
$2,273,000 (2014)
>> Prominent corner site with excellent retail exposure
>> Building serviced by 5 separate roof top HVAC units
>> Located along main retail pedestrian corridor in picturesque Langley City
>> Constructed using a mix of structural steel, concrete block and wood frame
PURCHASE PRICE
>> Roof resurfaced in 2013
>> Building is currently 58% leased with 2 units being actively marketed for lease
$2,475,000
CONTACT US JASON TEAHEN* 604 661 0847 [email protected]
For Sale> Freestanding Retail Building 20411 Fraser Highway, Langley DEMOGRAPHICS
COLLIERS INTERNATIONAL Suite 1850, 13450-102nd Ave Surrey, BC V3T 5X3 604 681 4111 www.collierscanada.com
Demographic
1 Km
3 Km
5 Km
Total Population 2013
12,596
49,390
101,730
Projected Population 2018
15,668
55,470
119,925
Average Household Income 2013
$49,416
$76,797
$90,332
Total Households 2013
6,768
20,619
38,773
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation.
AD08072014
JASON TEAHEN* 604 661 0847 [email protected]
COLLIERS INTERNATIONAL Suite 1850 13450-102nd Ave Surrey, BC V3T 5X3 604 681 4111 www.collierscanada.com
OPPORTUNITY This is a rare opportunity to purchase a one storey multi-tenant retail building containing a total gross leasable area of 10,524 square feet, contained in five commercial rental units and situated on a 14,648 square foot lot (0.34 acres).
For Sale> Freestanding Retail Building 20411 Fraser Highway, Langley DEMOGRAPHICS
COLLIERS INTERNATIONAL Suite 1850, 13450-102nd Ave Surrey, BC V3T 5X3 604 681 4111 www.collierscanada.com
Demographic
1 Km
3 Km
5 Km
Total Population 2013
12,596
49,390
101,730
Projected Population 2018
15,668
55,470
119,925
Average Household Income 2013
$49,416
$76,797
$90,332
Total Households 2013
6,768
20,619
38,773
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation.
AD08072014
JASON TEAHEN* 604 661 0847 [email protected]
COLLIERS INTERNATIONAL Suite 1850 13450-102nd Ave Surrey, BC V3T 5X3 604 681 4111 www.collierscanada.com
OPPORTUNITY This is a rare opportunity to purchase a one storey multi-tenant retail building containing a total gross leasable area of 10,524 square feet, contained in five commercial rental units and situated on a 14,648 square foot lot (0.34 acres).
For Sale > 20411 Fraser Highway, Langley
LOCATION
MUNICIPAL ADDRESS
The City of Langley is a great place to live, work and do business. The central location, population density, skilled workforce and low business and living costs have made the City of Langley a hub of “earning” activity. The City of Langley is located in the centre of the Lower Mainland Economic Region, from Vancouver to Hope. This area is made up of two districts: Metro Vancouver (population: 2 million) and the Fraser Valley Regional District (population: 200,000). Langley (City population: 25,000; Township population: 95,000) is situated in the eastern edge of the Greater Vancouver Regional District and enjoys a trading population of roughly 500,000 (within a 30 minute commute).
20411 Fraser Highway, Langley, BC
AERIAL
LEGAL DESCRIPTION LOT 1 DISTRICT LOT 36 AND 309 GROUP 2 NEW WESTMINSTER DISTRICT PLAN 76511
PID 009-639-063
SITE AND BUILDING SIZE Site Size: 14,648 SF (0.34) Acres Building Size: 10,524 SF
ZONING C-1 Downtown Commercial Zone - The Downtown Commercial designation is intended to accommodate a broad range of retail, office and entertainment uses in addition to social, cultural and educational services and facilities and multiple family housing consistent with the pedestrian oriented character of the downtown core.
PROPERTY TAXES $42,130.63 (2013)
TOTAL ASSESSMENT
PROPERTY HIGHLIGHTS
$2,273,000 (2014)
>> Prominent corner site with excellent retail exposure
>> Building serviced by 5 separate roof top HVAC units
>> Located along main retail pedestrian corridor in picturesque Langley City
>> Constructed using a mix of structural steel, concrete block and wood frame
PURCHASE PRICE
>> Roof resurfaced in 2013
>> Building is currently 58% leased with 2 units being actively marketed for lease
$2,475,000
For Sale > 20411 Fraser Highway, Langley
LOCATION
MUNICIPAL ADDRESS
The City of Langley is a great place to live, work and do business. The central location, population density, skilled workforce and low business and living costs have made the City of Langley a hub of “earning” activity. The City of Langley is located in the centre of the Lower Mainland Economic Region, from Vancouver to Hope. This area is made up of two districts: Metro Vancouver (population: 2 million) and the Fraser Valley Regional District (population: 200,000). Langley (City population: 25,000; Township population: 95,000) is situated in the eastern edge of the Greater Vancouver Regional District and enjoys a trading population of roughly 500,000 (within a 30 minute commute).
20411 Fraser Highway, Langley, BC
AERIAL
LEGAL DESCRIPTION LOT 1 DISTRICT LOT 36 AND 309 GROUP 2 NEW WESTMINSTER DISTRICT PLAN 76511
PID 009-639-063
SITE AND BUILDING SIZE Site Size: 14,648 SF (0.34) Acres Building Size: 10,524 SF
ZONING C-1 Downtown Commercial Zone - The Downtown Commercial designation is intended to accommodate a broad range of retail, office and entertainment uses in addition to social, cultural and educational services and facilities and multiple family housing consistent with the pedestrian oriented character of the downtown core.
PROPERTY TAXES $42,130.63 (2013)
TOTAL ASSESSMENT
PROPERTY HIGHLIGHTS
$2,273,000 (2014)
>> Prominent corner site with excellent retail exposure
>> Building serviced by 5 separate roof top HVAC units
>> Located along main retail pedestrian corridor in picturesque Langley City
>> Constructed using a mix of structural steel, concrete block and wood frame
PURCHASE PRICE
>> Roof resurfaced in 2013
>> Building is currently 58% leased with 2 units being actively marketed for lease
$2,475,000
CONTACT US JASON TEAHEN* 604 661 0847 [email protected]
For Sale> Freestanding Retail Building 20411 Fraser Highway, Langley DEMOGRAPHICS
COLLIERS INTERNATIONAL Suite 1850, 13450-102nd Ave Surrey, BC V3T 5X3 604 681 4111 www.collierscanada.com
Demographic
1 Km
3 Km
5 Km
Total Population 2013
12,596
49,390
101,730
Projected Population 2018
15,668
55,470
119,925
Average Household Income 2013
$49,416
$76,797
$90,332
Total Households 2013
6,768
20,619
38,773
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation.
AD08072014
JASON TEAHEN* 604 661 0847 [email protected]
COLLIERS INTERNATIONAL Suite 1850 13450-102nd Ave Surrey, BC V3T 5X3 604 681 4111 www.collierscanada.com
OPPORTUNITY This is a rare opportunity to purchase a one storey multi-tenant retail building containing a total gross leasable area of 10,524 square feet, contained in five commercial rental units and situated on a 14,648 square foot lot (0.34 acres).
