FOR SALE 1.5 Acre Site

Cottonwood 4 Cinemas & Development Land

LUCKAKUCK WAY

AMBER DR

45380 Luckakuck Way Chilliwack, BC

Highlights Opportunity to purchase an income producing and high exposure development site in the heart of the commercial hub of Chilliwack, BC offering easy access from two (2) separate offramps from Highway 1. A compelling area draw.

Peter Seed, BA. DIPL. TECH NAI Commercial Vice President 1075 W Georgia St, Suite 1300 604 691 6608 Vancouver, BC V6E 3C9 [email protected] +1 604 683 7535 naicommercial.ca 45380 Luckakuck Way Chilliwack, BC Property Highlights Opportunity Civic Address NAI Commercial is extremely proud to exclusively offer this 45380 Luckakuck Way, Chilliwack, BC V2R 3S9 unique investment and development opportunity to acquire Legal Description a prime 1.5-acre property with over 400 feet of frontage Lot B, Plan LMP19827, District Lot 78/259, along Luckakuck Way. The site is the home to the existing Group 2, New Westminster Land District Cottonwood 4 Cinemas which is a well-run and maintained PID 019-043-201 income-producing movie theatre with ample parking. Site Area 65,645 SF (1.5 acres) Location Total Buildable Area Strategically situated near numerous essential and non- TBD essential amenities (restaurants, shopping options, hotels, Current Zoning banks, gas stations etc.) with bus routes within steps. This C-6 (Theatre Commercial) - Hybrid Rezone property is well-positioned to benefit from the high growth of Gross Taxes (2019) this commercial and retail area of Chilliwack, BC. And now $40,788.84 with a population of over 91,000, this community driven city Current NOI $185,000 is one of the fastest growing regions in the province. Remaining Lease Term Current VPD (approximate traffic counts): 8 Years Luckakuck Way – 20,000 Price $7,000,000 Highway 1 – 60,000 Vedder Road – 40,000 Financing Treat As Clear Title Value Existing income at 3.5% is $5,300,000 Demographic Information Land residual: $100 per buildable (Option A) $1,700,000 2019 Total 2019 Median 2024 Total 2024 Median Households Income Households Income

$34,895 $78,864 $37,406 $90,278

NAI Commercial Peter Seed, BA. DIPL. TECH 1075 W Georgia St, Suite 1300 Vice President Vancouver, BC V6E 3C9 604 691 6608 +1 604 683 7535 [email protected] naicommercial.ca Proposed Development Plan Option A The original approved site layout Proposed Development Plan Option B The secondary site layout approval 45380 LUCKAKUCK WAY, CHILLIWACK, BC COMMERCIAL DEVELOPMENT For CAMARO DEVELOPMENT LTD. 45380 LUCKAKUCK WAY, CHILLIWACK, BC COMMERCIAL DEVELOPMENT For CAMARO DEVELOPMENT LTD.

STREETSCAPE LUCKAKUCK WAY IMAGES

STREETSCAPE IMAGES

SITE

TOTAL PARKING 101 SPACES

EXISTING BUILDING A CRU 3 10,875 SF 1,846 SF (1,010.3 SM) (171.5 SM)

THEATRE

CRU 2 2,361 SF (219.3 SM)

PROPOSED BUILDING B 6,463 SF CRU 1 (600.4 SM)

2,081 SF 45380 LUCKAKUCK WAY, CHILLIWACK, BC (193.3 SM) COMMERCIAL DEVELOPMENT For CAMARO DEVELOPMENT LTD.

EXISTING PARKING CALCULATIONS

EXISTING BUILDING A (THEATRES) = 10,875 SF (1,010.3 SM) PARKING REQUIRED : THEATRES ( 1,010.3 SM ) = 1 / 8 SM G.F.A. = 126 SPACES (G.F.A. EXCLUDES, E & M ROOMS, STAIRS & SHAFT SPACES) G E N E R A L N O T E : EXISTING PARKING PROVIDED : 119 SPACES BASED ON A LEGAL SURVEY PLAN OF EXISTING SITE CONDITION

SITE INFORMATION BUILDING AREAS PARKING REQUIREMENTS

CIVIC ADDRESSES : 45380 LUCKAKUCK WAY, CHILLIWACK, BC V2R 3S9 BUILDING A ( EXISTING ): 10,875 SF BUILDING A LEGAL DESCRIPTION : LOT B DISTRICT LOT 78/259 GROUP 2 BUILDING B ( PROPOSED ): 6,463 SF THEATRE ( 1,010.3 SM ) = 1 SPC / 8 SM = 126 NEW WESTMINSTER DISTRICT PLAN LMP 19827 BUILDING B EXISTING ZONING : C6 ( THEATRE COMMERCIAL ZONE ) PARKING SUMMARY RESTAURANT ( 193.3 SM )= 1 SPC / 8 SM = 24 SALES/CRU ( 390.8 SM ) = 1 SPC / 30 SM = 13 SITE AREA : 65,650 SF ( 6,098.6 SM ) TOTAL PARKING REQUIRED : 164 SPACES TOTAL REQ'D = 164 BUILDING AREA : 10,875 SF ( 1,010.3 SM EXIST. ) TOTAL PARKING PROVIDED : 101 SPACES LOADING SPACES REQUIRED: + 6,463 SF ( 600.4 SM PROPOSED ) PARKING VARIANCE REQ'D : 63 SPACES (1594.4 SM) = 1 / 2500 SM G.F.A. = 1 SPACE AMBER DRIVE = 17,338 SF ( 1,610.7 SM TOTAL ) DISABLED PERSONS PARKING LOADING SPACES PROVIDED: SITE PLAN LOT COVERAGE : 17,338 SF/ 65,650 SF X 100% = 26.4% PROVIDED: 2 SPACES EXISTING = 1 SPACE MAX. ALLOWABLE = 50% SMALL CAR PARKING NEW = 1 SPACE PROVIDED: 23 SPACES TOTAL = 2 SPACES PARKING RATIO: 5.8 SPACES / 1000 SF

HIGHWAY 1

LUCKAKUCK WAY Cottonwood Mall TOPAZDR

SUBJECT PROPERTY

SHAPPHIRE DR

KING RD

Peter Seed, BA. DIPL. TECH Vice President 604 691 6608 [email protected]

NAI Commercial 1075 W Georgia St, Suite 1300 Vancouver, BC V6E 3C9 No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any special listing +1 604 683 7535 conditions imposed by our principals no warranties or representations are made as to the condition of the property or any hazards contained therein are any to be implied. naicommercial.ca