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9930 197Th Street, Langley, Bc Port Kells Industrial Area

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9930 197Th Street, Langley, Bc Port Kells Industrial Area FOR SALE 14.54 ACRE INDUSTRIAL DEVELOPMENT SITE 9930 197TH STREET, LANGLEY, BC PORT KELLS INDUSTRIAL AREA GOLDEN EARS BRIDGE GOLDEN EARS WAY CHRIS MACCAULEY JOE INKSTER PERSONAL REAL ESTATE CORPORATION PERSONAL REAL ESTATE CORPORATION 604.662.5190 604.662.5134 [email protected] [email protected] OPPORTUNITY CBRE has been engaged by Trimac Transportation to facilitate this exceedingly rare opportunity to list for sale industrial land in Metro Vancouver. THE LOCATION The subject property is located in the well established Port Kells industrial area, and is considered the Industrial Hub of the lower mainland. Port Kells (781.1 acres) is located on the border of Surrey and Langley, on the south side of the Fraser River, north of Highway 1 and east of Highway 15. The industrial lands are in high demand due to the area’s strategic location within Metro Vancouver and access to key transportation corridors including the east/west Highway 1 and the north/south Highway 15 that provides a direct link to the US commercial border crossing. The South Fraser CIVIL & LEGAL ADDRESSES Perimeter Road (SFPR) provides excellent access to the port, the gateway to Asia Pacific. Port Kells is home to a diverse range of industries with a high 9930 197TH STREET, LANGLEY, BC concentration of manufacturing, PID: 001-618-148 PARCEL A (Y68082) DISTRICT LOT 122 GROUP 2 NEW WESTMINSTERDISTRICT PLAN 54498 TENANCY Lafarge Canada currently leases 4.013 acres from Trimac Transportation. SITE SIZE Trimac Transportation will also consider a leaseback of the property. 14.54 ACRES PROPERTY TAXES (2018) SUBMISSION GUIDELINE $349,755.40 Potential purchasers that require access to additional information such as environmental documents, site plans, purchase and sale agreement, leases, and leaseback agreement, must complete the non-disclosure agreement. BID DATE JULY 15, 2019 BY 3PM DATAROOM ACCESS Dataroom access will be provided to qualified purchasers who have executed a non-disclosure agreement and return to [email protected] 9930 197TH STREET, LANGLEY, BC ZONING M-3 ZONING (HEAVY INDUSTRIAL ZONE) All uses are permitted in the General Industrial zone M-2, Service Industrial Zones M-1A and M-1B 130.5 • Includes – argo-industrial, cargo handling, ready-mix concrete plant, processing, manufacturing and outside storage of sand, gravel, soil and wood products, processing, manufacturing, and repair of heavy machinery and equipment 19.5 120.4 • M-2, M1A and M1B includes various uses such as – general industrial uses, warehousing, wholesaling and storage facilities, accessory open storage, auction marts, bakeries, building supplies, commercial recreation, service industrial, parking of commercial vehicles, production studio, restaurants, retail sales accessory to industrial uses, light manufacture, vehicle body, service and repair shops M-4 ZONING (HEAVY INDUSTRIAL ZONE) 56.2 73.7 All uses permitted in M-3 except a ready-mix concrete plant • Includes – meat processing plants, recycling depots, refund container return centre, sawmills M-13 ZONING (HEAVY INDUSTRIAL ZONE) All uses permitted in M-3 except a ready-mix concrete plant 58.2 • Includes – Asphalt batch plants 106.7 LOT COVERAGE Buildings and structures shall not cover more than 60% of the lot area Note: For full zoning descriptions refer to the Township of Langley 150.7 TOPOGRAPHY BUILDINGS Generally level Building 1 Office Area 3,275 sq. ft. 106.7 Shop Area 9,550 sq. ft. 9.5 RAIL Total 12,825 sq. ft. 319.1 Property has access to an active rail spur Building 2 M-3 Zoning Wash Bay 10,274 sq. ft. YEAR BUILT M-4 Zoning Total Building Area 1988 Total 23,099 sq. ft. M-13 Zoning *Building sizes are approximate square footages * Dimensions are in meters. OTHER SITE IMPROVEMENTS ** Site dimensions are from the Township of Langley website and are for reference and discussion purposes only. The Lafarge Area (M-13 Zoned Area) encompasses approximately 4.01 acres of land area at the north end of SERVICING the property that has been improved with light structures including 3 large concrete block quonset areas. HYDRO DRAINAGE WATER MAIN Hydro power is to lot line. Highlighted in green. Highlighted in blue. SANITARY SEWER NATURAL GAS 9930 197TH STREET, Highlighted in red. Natural gas is to lot line. LANGLEY, BC AREA OVERVIEW Q1 2019 Submarket Inventory Vacancy Absorption Absorption New New Under Average Net Rate (Q1 2019) YTD Supply Supply Construction Asking Lease (Q1 2019) YTD Rate ($/SF) Langley 14,996,092 1.2% 235,512 235,512 0 0 39,652 $10.25 Surrey 33,451,127 0.9% -86,190 -86,190 90,777 90,777 1,287,419 $9.99 Metro Vancouver 193,379,364 1.3% 1,228,418 1,228,418 565,686 565,686 4,967,295 $12.46 PORT MANN BRIDGE PORT COQUITLAM 15 17 SFPR 1 SURREY PITT MEADOWS TRANS-CANADA HIGHWAY GOLDEN EARS WAY FRASER RIVER LANGLEY GOLDEN EARS BRIDGE 96 AVENUE 200 STREET CONVENIENT ACCESS BUS ROUTES 40 MIN 50 MIN 9930 197TH STREET, VANCOUVER 40 MIN DOWNTOWN TO HIGHWAY 1 & SOUTH FRASER INTERNATIONAL TO U.S. NEAR PROPERTY VANCOUVER BORDER CROSSING LANGLEY, BC PERIMETER ROAD (SFPR) AIRPORT WEST VANCOUVER NORTH VANCOUVER ANMORE BELCARRA Vanterm/Centerm NORTH 7A PORT MOODY COQUITLAM 7 VANCOUVER PITT BURNABY MEADOWS PORT Vancouver International COQUITLAM Airport NEW 17 (YVR) WESTMINSTER 91 Fraser/Surrey Docks 1 RICHMOND 99 SURREY DELTA 10 LANGLEY 99 15 17 WHITE ROCK Deltaport CHRIS MACCAULEY JOE INKSTER PERSONAL REAL ESTATE CORPORATION PERSONAL REAL ESTATE CORPORATION 604.662.5190 604.662.5134 [email protected] [email protected] CBRE Limited | 1021 West Hastings Street | Suite 2500 | Vancouver, BC V6E 0C3 | www.cbre.ca This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. *Personal Real Estate Corporation Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth..
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