2786 Barnet Highway COQUITLAM Coquitlam, B.C
Total Page:16
File Type:pdf, Size:1020Kb
FOR SALE CS-1 Zoned Service Commercial Investment Property 2786 Barnet Highway COQUITLAM Coquitlam, B.C. CENTRE Johnson Street Barnet Highway MILLENIUM LINE WESTCOAST EXPRESS MATT SMITH SEAN BAGAN Personal Real Estate Corporation Senior Associate Vice President TEL: 604 661 0821 TEL: 604 661 0835 [email protected] [email protected] THETHE OPPORTUNITY OPPORTUNITY ToTo acquire acquire a transit-oriented, an increasingly 12,574 rare square commodity foot multi-tenant – a site servicedesignated commercial for re- propertydevelopment on a 0.68 in the acre heart site of in‘LOLO’ the heart– the popularof Coquitlam Lower Centre Lonsdale (one community block from in Coquitlamthe waterfront Centre areaMall) of with the growingCity of North holding Vancouver. income and tenancy upside. INVESTMENT HIGHLIGHTS ZONING • CS-1 zoned site with a fairly rectangular configuration and multiple points of CS-1 (Service Commercial): access This zone provides for a wide range of service commercial and related uses • Well exposed along Barnet Highway located along major transportation routes, and for storage and handling of • Strong mix of restaurant, service and recreation tenants with significant rental materials, goods, and equipment. rate upside • Excellent proximity to Millennium Sky-Train Line, West Coast Express, new residential developments, new retail developments, and one block from NEIGHBOURING BUSINESSES Coquitlam Centre • Updated Phase 1 Environmental report completed in 2019 BUILDING SPECIFICATIONS Address: 2786 Barnet Highway, Coquitlam Legal Address: PID: 009-013-067; Lot 43 Except: Part On Statutory Right Of Way Plan 57445; District Lot 383 Group 1 New Westminster District Plan 29028 Site Area: 0.68 Acres (29,677 SF) TENANCY & INCOME 12,574 SF (+ 5,250 SF Leased Lot) Building Area: Please contact listing agents for income details. Approximate Frontage: 235 feet along Barnet Highway Loading: 2 grade loading doors ASKING PRICE Proximity to Millenium 600 meters Skytrain Line: $3,950,000 Proximity to Westcoast 800 meters Express: LOCATION The Property is located on Barnet Highway in Coquitlam, just east of Burnaby and north of the Fraser River. Coquitlam enjoys a central location within the Metro Vancouver region and is the fifth largest city in British Columbia. Barnet Highway is a main thoroughfare linking Coquitlam to the rest of the Tri-Cities as Barnet Highway 102’ well as connecting it to Downtown Vancouver. Furthermore, the location provides excellent access to the Millenium Line station and West Coast Express which 235’ transports commuters to the rest of the Lower Mainland. The Property is also situated very close to Lougheed Highway connecting south to Port Coquitlam and New Westminster. 285’ COQUITLAM CENTRE AND SURROUNDING DEVELOPMENTS 160’ 2786 Barnet Highway benefits from its proximity to Coquitlam Centre, one of the largest rapid transit oriented retail developments in British Columbia. This project features several major retail outlets such as Walmart, Hudson’s Bay, Best Buy, T&T Aberdeen Avenue Supermarket, London Drugs, Save-on-Foods, Sportcheck, and more. The Coquitlam Centre neighbourhood is also connected to major transportation infrastructure, attracting major retail outlets and commercial developments. *All measurements are approximate 8 minute walk (600 meters) from the Coquitlam Central Station 10 minute walk (800 meters) from the Westcoast Express Station Coquitlam Central Station 31 minutes to Commercial 40 minutes to Waterfront COQUITLAM Drive Times CENTRE 30 minutes to Downtown Vancouver 42 minutes to YVR Johnson Street 2786 Barnet Highway MILLENIUM LINE B arnet Highway WESTCOAST EXPRESS MATT SMITH SEAN BAGAN Personal Real Estate Corporation Senior Associate Vice President TEL: 604 661 0821 TEL: 604 661 0835 [email protected] [email protected] COLLIERS INTERNATIONAL | 200 Granville Street, 19th Floor | Vancouver, BC V6C 2R6 | 604 681 4111 | www.collierscanada.com 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). © 2019. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc..