13560 Mitchell Road RICHMOND | BC

2.417 ACRES OF PREMIUM FREEHOLD INDUSTRIAL LAND FOR SALE PLUS WATER LOT LEASE

Stefan Morissette Personal Real Estate Corporation Vice President 604 692 1428 [email protected] OPPORTUNITY | 13560 Mitchell Road offers purchasers a rare opportunity to acquire 2.417 acres of freehold land with the most flexible zoning in the Lower Mainland for both occupiers and users allowing outside storage as an outright use. This property has been owned and operated by the same local family for over 50 years. In addition, any owner occupying purchaser has the ability to use another 2 acres (approximately) of waterlot area for their business operations at a very reasonable lease value. Rogers Cantel also leases approximately 3,000 square feet for supplemental income on the site. All structures on site are temporary and can easily be removed.

SALIENT FACTS

Civic Address: 13560 Mitchell Road, Richmond

Parcel Identifier: 001-859-170 Legal Address: LOT 22 DISTRICT LOT 527 GROUP 1 NEW WESTMINSTER DISTRICT PLAN 2806

Site Area 2.417 acres

Approximately 2 acres of water lot land and potential waterway access cur- rently leased by the owner from Forests, Lands, Natural Resource Operations Water Lot Property and Rural Development (“FLNRO”) for approximately $35,000 per year plus property taxes.

Current tenant on majority of the 2.417 acres of freehold land expires August 31st, 2020 with no option to renew. Current Leases Rogers Cantel Cell Tower leases approximately 3,000 square feet of site area for a current annual rent of $29,000 (net) with a lease expiring October 31st, 2022 with one 5 year option to renew

Zoning I (Heavy Industrial) permitting outside storage

Property Taxes (2020): $68,321.00

Availability: Vacant Possession as of September 1, 2020

Price: Please Contact Listing Agent DOWNTOWN

YVR

SE MARINE DRIVE

MITCHELL ISLAND

RICHMOND

LOCATION |

13560 Mitchell Road offers 2.417 acres of waterfront land in the center of immediately off and with exposure to the Knight Street Bridge. This location has the advantage of being minutes away from downtown Vancouver, Richmond and Burnaby. Businesses that choose to locate in this area benefit from close proximity to several large labour pools as well as quick and easy access to the Vancouver International Airport, the Trans Canada Highway, the downtown container terminals and Deltaport. A significant amount of Mitchell Island has been improved and redeveloped over the past 10 years including the entire western tip of the island. Purchasers can plan on continued improvements and redevelopment as the island becomes a more modern hub for industrial businesses in the near future. ROGERS TOWER LEASE

WATER LOT LEASE FREEHOLD LAND

Colliers International Stefan Morissette 200 Granville Street, 19th Floor Personal Real Estate Corporation Vancouver, BC | V6C 2R6 Vice President +1 604 681 4111 604 692 1428 www.collierscanada.com [email protected]

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