FOR SALE EAGLE RIDGE PLAZA 1194 LANSDOWNE DRIVE, , BC

100% LEASED NEIGHBOURHOOD SHOPPING CENTRE WITH RENTAL RATE UPSIDE, IN A PRIME COQUITLAM LOCATION.

PETER GIBSON Personal Real Estate Corporation Senior Vice President Capital Markets Group 604 640 5830 [email protected]

Suite 700 - 700 West / PO Box 10023, Pacifi c Centre / , BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefi eld.com EAGLE RIDGE PLAZA 1194 LANSDOWNE DRIVE, COQUITLAM, BC

THE OPPORTUNITY

Cushman & Wakefield ULC (“Cushman & Wakefield”) is pleased to present Eagle Ridge Plaza (the “Property”) to the market for sale, a well-positioned neighbourhood shopping centre on the corner of Lansdowne Drive and Guildford Way. The property off ers 34,906 square feet of leasable area.

With an abundance of public amenities such as parks, community centres, and schools, Eagle Ridge Plaza off ers a complimentary mix of neighbourhood convenience-oriented retailers, and professionals servicing the immediate residential population.

CCOQUITLAMOQUITLAM CCENTRALENTRAL SSTATIONTATION

CCOQUITLAMOQUITLAM CCENTREENTRE

PROPERTY SALIENT DETAILS

Address 1194 Lansdowne Drive, Coquitlam, BC

Legal Description Lot 2 District lot 385 Group 1 NW District Plan 67640

PID 000-570-010

Site Size 117,775 sf

Zoning C-2 General Commercial

OCP Land Use Neighbourhood Shopping Centre

Gross Taxes (2016) $216,055.30

Asking Price Contact Listing Agent SHOPPING CENTRE ABSTRACT

Leasable Area Gross leasable area 34,906 sf / 100% Leased & Occupancy

Centre Layout Retail Commercial Strip - 1 Freestanding Pad and 2 Buildings

Anchor Tenant Starbucks

Stabilized NOI $853,007.00

Income in Place NOI $881,667.00

Parking 120 Surface Stalls

Financing Treat as clear title EAGLE RIDGE PLAZA 1194 LANSDOWNE DRIVE, COQUITLAM, BC

HIGHLIGHTS

• Located directly across Gleneagle Secondary School and within walking distance to two (2) more schools: Scott Creek Middle School and Eagle Ridge Elementary School.

• Low rental rates present an opportunity for future rental rates upside.

• 100% fully leased centre that benefi ts from having both Port Moody and Coquitlam residents as part of their clientele.

• Easy access and excellent exposure on Guildford Way. Guildford Way links Suter Brook Village on the west and Coquitlam City Hall and Lafarge Lake – Douglas Skytrain Station to the east.

• Daily traffi c exposure to over 30,239 vehicles with frequent and regular buses for the commuter population.

• Within close proximity to , Coquitlam City Hall, Douglas College’s Coquitlam Campus, the Evergreen Skytrain Station and Westcoast Express linking the Property to the rest of the Tri-Cities and .

IINLETNLET CCENTREENTRE SSTATIONTATION

LLANSDOWNE DRIVE A N S D O W N GGLENEAGLELENEAGLE E D SSECONDARYECONDARY R SSCHOOLCHOOL IV E Y WA RD FO ILD GGUILDFORDU WAY

EEAGLEAGLE RRIDGEIDGE OOUTDOORUTDOOR PPOOLOOL

EAGLE RIDGE PLAZA 1194 LANSDOWNE DRIVE, COQUITLAM, BC

ZONING

The Property conforms to the City of Coquitlam’s OCP designation of a Neighbourhood Centre and functions as a gathering place off ering amenities and employment opportunities to the residential community while remaining close to public transportation.

GENERAL COMMERCIAL (C2) The intent of the C2 zone provides for a wide range of commercial uses including offi ces, entertainment, and tourist accommodation facilities at medium density, and includes both small shopping plazas and larger neighbourhood shopping facilities.

DENSITY All buildings and structures together must not exceed 1.05 FSR.

HEIGHT Building and structures maximum height is 25 feet (7.6 metres).

LOT COVERAGE The maximum lot coverage is 70% for the fi rst storey and 35% above the fi rst storey.

NNEWPORTEWPORT VVILLAGEILLAGE

SSCOTTCOTT CREEKCREEK MMIDDLEIDDLE SSCHOOLCHOOL

GGUILDFORD WAY U I EEAGLEAGLE RRIDGEIDGE LD F OOUTDOORUTDOOR PPOOLOOL O R D W A Y

E DRIV WNE SDO LLANSDOWNEAN DRIVE COQUITLAM

Recent transit improvements have boosted this culturally diverse city’s appeal as a residential and regional commercial centre. Located centrally in the Greater Vancouver Regional District, the Evergreen Line resulted in rapid growth - stimulating community development. This is evident in the 7.6% population growth within a 15 minute drive from Eagle Ridge Plaza.

Coquitlam off ers a well-diversified local economy with retail as the top employment sector followed by health care and education services. Riverview Hospital, School District 43, the City of Coquitlam and major retailers like Ikea and Real Canadian Superstore are among the municipality’s top employers.

CITY DEMOGRAPHICS within a 15 minute drive time

231,755 Population – 2018

8.1% Projected Population Growth (2018-2023)

40.7 Median Age

$113,380 Average Household Income

Average Household Spend On Retail Items $32,155 (including food) EAGLE RIDGE PLAZA 1194 LANSDOWNE DRIVE, COQUITLAM, BC

OFFERING PROCESS

Prospective purchasers are invited to submit Off ers to Purchase the Property through Cushman & Wakefi eld for consideration by the Vendor.

After signing a Confi dentiality Agreement (CA), interested parties will be provided a Confi dential Information Memorandum (“CIM”) and will be given access to the online Data Room.

COQUITLAM GGUILDFORD WAY CENTRAL U IL STATION D F O R LLAFARGEAFARGE LAKELAKE LLINCOLNINCOLN SSTATIONTATION D W DDOUGLASOUGLAS STATIONSTATION A Y CCOQUITLAMOQUITLAM CCENTREENTRE

PETER GIBSON Personal Real Estate Corporation Senior Vice President Capital Markets Group 604 640 5830 [email protected]

E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefi eld ULC 03/19 gh