now leasing
NOW LEASING 20670 LANGLEY BYPASS LANGLEY, BC JOIN
DERICK FLUKER 604 638 2125 [email protected]
JACK ALLPRESS 604 638 1975 [email protected]
NOW LEASING 20670 LANGLEY BYPASS, LANGLEY, BC
RETAIL LEASING OPPORTUNITY Join LaZBoy and Visions Electronics in a brand new retail development directly on Langley Bypass. Excellent opportunity to enter Langley’s expanding retail market at a high profile location. PROJECT DESCRIPTION A brand new large format retail development located on the Langley Bypass, this project presents the opportunity to enter Langley’s destination retail corridor adjacent to strong national tenancies. ACCESS/EGRESS Right-in/Right-out – Langley Bypass Left-in/Left-out – Langley Bypass (via centre lane) TRAFFIC COUNTS Langley Bypass: 33,592 vehicles per day, 2,355 per hour 8AM-5PM (Ministry of Transportation 2007)
LOCATION 20670 Langley Bypass is located in Langley, BC on the south side of the Langley Bypass, a rapidly expanding trade area boasting the majority of large format retail space in the area. Immediately to the west is the Willowbrook Commercial Core, which boasts tenants such as Golf Town, Winners, Home Sense, Michaels, Chapters, Milestone’s and Wholesale Sports. The property is located only five minutes from Costco, Wal-Mart, London Drugs, and a host of other medium to large scale tenants. The area is rapidly expanding with recent residential developments along 208th Avenue and the recent overpass constructed connecting Walnut Grove to the City of Langley. Large format tenants looking to enter the Langley market have limited options and the subject property is well positioned within Langley as the Willowbrook Town Center is now fully built out and is now expanding to the east. The City and Township of Langley have a combined trading population of 128,793 and are centrally located in the Lower Mainland servicing the Fraser Valley population, which is in excess of 750,000. Langley’s central location and large consumer base make it an ideal location for a company expanding in Metro Vancouver.
New BMW Dealer & Automall
Willowbrook Shopping Centre The Bay • Sears • Zellers Safeway • Sports Mart (831,000 square feet)
Wholesale Sports RioCon Langley Centre
Future Shop • Chapters • Golf Town HomeSense • Michael's • Mark's • Winners (380,638 square feet)
LANGLEY CITY FORM RETAIL ADVISORS
Subject Site
AREA (SF)
2012 OPERATING
BASIC RENT (PER SF)
COSTS & TA XES (PER SF)
0 - 5,000
$20.00
5,001 - 10,000
$18.00
10,001 - 12,000
$16.00
Freestanding Pad
$35.00
$6.50 est.
9706 ( 31' - 10" )
EXISTING ENTRANCE
EXISTING 103 CARS (MODIFIED)
")
LOADING
SETBACK R.O.W.
LOADING
( 82' - 9" )
2 1' -
25210
6(
M 1. 5
9' (5
34
5
1
72 80
) 10"
( 19' - 11" )
") '-4 LK 83 WA (1 IDE TS L A PH AS
(17,800 SF) 67 58
) 11"
6059
RETAIL C
'62
2.0M ASPHALT SIDEWALK
7' (6
7( 16
( 78' - 10" )
1 69
) 1" 0' 15
19
24021
4
37 ( 57
20
E UT RO IR E T L F A ED PH OS AS OP TY R U P YD AV HE
ING AD LO ING AD LO DING A LO
EXISTING EDGE OF ASPHALT
HEAVY DUTY ASPHALT EXISTING EDGE OF ASPHALT
LOADING
FIRE ANNUNCIATOR PANEL
TE OU ER FIR G IN IST EX
PROPOSED FIRE ROUTE
61 CARS
12
4343( 14' - 3" )
SIAMESE CONNECTION
FIRE HYDRANT
SC
(19,813 SF)
FIRE ALARM PANEL ING AD LO
SETBACK R.O.W.
9756 ( 32' - 0" )
EXISTING RETAIL A
LOADING
EXISTING 7 CARS
(3.73 ACRES)
21101 ( 69' - 3" )
EXISTING TRANSFORMER
EXISTING FIRE ROUTE
EXISTING FIRE ROUTE
(4,500 SF)
19812 ( 65' - 0" )
PROP. RETAIL D
EXISTING PYLON SIG SC SC SC SC SC SC SC SC SC SC SC
EXISTING RETAIL B (11,948 SF)
) 4"
IL RA
AD RO
PARKING STATISTICS: TOTAL BUILDING AREA: 54,061 S.F. / 5,022 S.M. REQUIRED PARKING RATIO: 3 CARS / 93 S.M. CARS REQUIRED: 162 CARS CARS PROVIDED: 171 CARS PROVIDED PARKING RATIO: 3.16/1000 S.F. 3.41/100 S.M. CARS REMOVED: 25 CARS
Available Leased Under negotiation
( 56 1 4' -
'-1 (4 96
")
14 1
RY A IN M I EL R P FORM RETAIL ADVISORS
NOW LEASING
20670 Langley Byp, Langley BC, 20670 Langley Byp, Langley BC
20670 LANGLEY BYPASS LANGLEY, BC
2011 ESTIMATES & PROJECTIONS
1 KM
3 KM
5 KM
10 MINUTE DRIVE
POPULATION
2,065
43,603
94,529
115,038
HOUSEHOLDS
950
19,318
37,676
45,530
AVERAGE HOUSEHOLD INCOME
$60,361
$71,283
$86,242
$90,424
FORM RETAIL ADVISORS INC. 1280 - 333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORMRETAIL.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors inc.
DERICK FLUKER 604 638 2125 [email protected]
JACK ALLPRESS 604 638 1975 [email protected]
NOW LEASING 20670 LANGLEY BYPASS, LANGLEY, BC
RETAIL LEASING OPPORTUNITY Join LaZBoy and Visions Electronics in a brand new retail development directly on Langley Bypass. Excellent opportunity to enter Langley’s expanding retail market at a high profile location. PROJECT DESCRIPTION A brand new large format retail development located on the Langley Bypass, this project presents the opportunity to enter Langley’s destination retail corridor adjacent to strong national tenancies. ACCESS/EGRESS Right-in/Right-out – Langley Bypass Left-in/Left-out – Langley Bypass (via centre lane) TRAFFIC COUNTS Langley Bypass: 33,592 vehicles per day, 2,355 per hour 8AM-5PM (Ministry of Transportation 2007)
LOCATION 20670 Langley Bypass is located in Langley, BC on the south side of the Langley Bypass, a rapidly expanding trade area boasting the majority of large format retail space in the area. Immediately to the west is the Willowbrook Commercial Core, which boasts tenants such as Golf Town, Winners, Home Sense, Michaels, Chapters, Milestone’s and Wholesale Sports. The property is located only five minutes from Costco, Wal-Mart, London Drugs, and a host of other medium to large scale tenants. The area is rapidly expanding with recent residential developments along 208th Avenue and the recent overpass constructed connecting Walnut Grove to the City of Langley. Large format tenants looking to enter the Langley market have limited options and the subject property is well positioned within Langley as the Willowbrook Town Center is now fully built out and is now expanding to the east. The City and Township of Langley have a combined trading population of 128,793 and are centrally located in the Lower Mainland servicing the Fraser Valley population, which is in excess of 750,000. Langley’s central location and large consumer base make it an ideal location for a company expanding in Metro Vancouver.
New BMW Dealer & Automall
Willowbrook Shopping Centre The Bay • Sears • Zellers Safeway • Sports Mart (831,000 square feet)
Wholesale Sports RioCon Langley Centre
Future Shop • Chapters • Golf Town HomeSense • Michael's • Mark's • Winners (380,638 square feet)
LANGLEY CITY FORM RETAIL ADVISORS
Subject Site
AREA (SF)
2012 OPERATING
BASIC RENT (PER SF)
COSTS & TA XES (PER SF)
0 - 5,000
$20.00
5,001 - 10,000
$18.00
10,001 - 12,000
$16.00
Freestanding Pad
$35.00
$6.50 est.
9706 ( 31' - 10" )
EXISTING ENTRANCE
EXISTING 103 CARS (MODIFIED)
")
LOADING
SETBACK R.O.W.
LOADING
( 82' - 9" )
2 1' -
25210
6(
M 1. 5
9' (5
34
5
1
72 80
) 10"
( 19' - 11" )
") '-4 LK 83 WA (1 IDE TS L A PH AS
(17,800 SF) 67 58
) 11"
6059
RETAIL C
'62
2.0M ASPHALT SIDEWALK
7' (6
7( 16
( 78' - 10" )
1 69
) 1" 0' 15
19
24021
4
37 ( 57
20
E UT RO IR E T L F A ED PH OS AS OP TY R U P YD AV HE
ING AD LO ING AD LO DING A LO
EXISTING EDGE OF ASPHALT
HEAVY DUTY ASPHALT EXISTING EDGE OF ASPHALT
LOADING
FIRE ANNUNCIATOR PANEL
TE OU ER FIR G IN IST EX
PROPOSED FIRE ROUTE
61 CARS
12
4343( 14' - 3" )
SIAMESE CONNECTION
FIRE HYDRANT
SC
(19,813 SF)
FIRE ALARM PANEL ING AD LO
SETBACK R.O.W.
9756 ( 32' - 0" )
EXISTING RETAIL A
LOADING
EXISTING 7 CARS
(3.73 ACRES)
21101 ( 69' - 3" )
EXISTING TRANSFORMER
EXISTING FIRE ROUTE
EXISTING FIRE ROUTE
(4,500 SF)
19812 ( 65' - 0" )
PROP. RETAIL D
EXISTING PYLON SIG SC SC SC SC SC SC SC SC SC SC SC
EXISTING RETAIL B (11,948 SF)
) 4"
IL RA
AD RO
PARKING STATISTICS: TOTAL BUILDING AREA: 54,061 S.F. / 5,022 S.M. REQUIRED PARKING RATIO: 3 CARS / 93 S.M. CARS REQUIRED: 162 CARS CARS PROVIDED: 171 CARS PROVIDED PARKING RATIO: 3.16/1000 S.F. 3.41/100 S.M. CARS REMOVED: 25 CARS
Available Leased Under negotiation
( 56 1 4' -
'-1 (4 96
")
14 1
RY A IN M I EL R P FORM RETAIL ADVISORS
NOW LEASING
20670 Langley Byp, Langley BC, 20670 Langley Byp, Langley BC
20670 LANGLEY BYPASS LANGLEY, BC
2011 ESTIMATES & PROJECTIONS
1 KM
3 KM
5 KM
10 MINUTE DRIVE
POPULATION
2,065
43,603
94,529
115,038
HOUSEHOLDS
950
19,318
37,676
45,530
AVERAGE HOUSEHOLD INCOME
$60,361
$71,283
$86,242
$90,424
FORM RETAIL ADVISORS INC. 1280 - 333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORMRETAIL.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors inc.
