FOR SALE - INVESTMENT OPPORTUNITY 101 - 8855 LAUREL STREET, VANCOUVER 5,636 SQ. FT. OFFICE / SHOWROOM CORNER UNIT
INVESTMENT HIGHLIGHTS + Rare opportunity to acquire a street facing end unit in a 2 year old industrial strata development.
+ Superior location with proximity to transit, downtown Vancouver and Vancouver International Airport.
+ Upward pressure on industrial lease rates provides an opportunity for higher return in the near future.
CONTACT US INVESTMENT OPPORTUNITY ED FERREIRA DARREN STAREK JORDAN COULTER PERSONAL REAL ESTATE CORPORATION Industrial Properties Group Industrial Properties Group Industrial Properties Group 604 662 5175 604 662 5574 604 662 5122 [email protected] [email protected] [email protected] FOR SALE - INVESTMENT OPPORTUNITY 101 - 8855 LAUREL STREET | VANCOUVER, BRITISH COLUMBIA
LOCATION DESCRIPTION The Subject Property is conveniently located in SW Marine Drive commercial / industrial district, situated just west of Marine Gateway / Cambie Line Station. The property benefi ts from excellent access to all areas of Metro Vancouver via Marine Drive, Cambie Street, Boundary Road, as well as, Arthur Laing, Oak Street and Knight Street bridges. Public transit is excellent with the Canada Line Station located nearby at Marine Drive and Cambie Street.
LEGEND
Subject Property
NEARBY AMENITIES 1. Coast Hotel 2. White Spot 3. Starbucks LANGARA-49TH 4. Tim Horton’s 5. Dublin Crossing 6. Shoppers Drug Mart 7. Cineplex CAMBIE STREET 8. T&T Supermarket 9. Sportschek
GRANVILLE STREET 10. Best Buy 11. Canadian Tire 12. Real Canadian Superstore
MARINE DRIVE 9 W 70TH AVENUE 6 10 3 5 11 4 7 SW MARINE DRIVE 8 12 1 2
OAK STREET BRIDGE
ARTHUR LAING BRIDGE
TENANCY SCHEDULE Tenant Area Term Rate PSF Annual Rent Parking
ATB International YR 1: $20.00 YR 1: $112,720.00 Trading Ltd. 4 Years and 2 months YR 2-3:$21.00 YR 2-3: $118,356.00 7 parking stalls at 5,636 SF Motor Vehicle from Dec 1st, 2017 YR 4: $22.00 YR 4: $123,992.00 no charge Dealership Triple Net Triple Net EXECUTIVE SUMMARY
MUNICIPAL ADDRESS 101 - 8855 Laurel Street UNIT FEATURES Vancouver, BC LEGAL DESCRIPTION + Constructed in 2018 Strata Lot 30, Plan EPS4483, District Lot 319, Group 1, New Westminster + Corner unit with prominent exposure to Laurel Street Land District, together with an interest in the common property in + Ample natural lighting and three sides proportion to the unit entitlement of the strata lot as shown on form V + ESFR sprinklers + 12’ - 24’ clear height PID 030-262-267 + High efficiency lighting TOTAL AREA + Contemporary storefronts and generous glazing on three Main Floor | Showroom: 4,175 sq. ft. + Handicapped accessible washrooms on main floor Mezzanine | Office: 1,461 sq. ft. Total: 5,636 sq. ft. + 7 parking stalls and loading bay ZONING + Fully air-conditioned and improved mezzanine area including I-2 4 private offices, meeting room and one 2-piece washroom LOADING INTERIOR PHOTOS 1 grade door
PROPERTY TAXES (2019) $22,035.83
MONTHLY STRATA FEES $513.37 Tenant Area Term Rate PSF Annual Rent Parking ANNUAL TRIPLE NET INCOME $123,992.00 as of Dec 2020 ATB International YR 1: $20.00 YR 1: $112,720.00 Trading Ltd. 4 Years and 2 months YR 2-3:$21.00 YR 2-3: $118,356.00 7 parking stalls at 5,636 SF PRICE Motor Vehicle from Dec 1st, 2017 YR 4: $22.00 YR 4: $123,992.00 no charge $3,950,000.00 Dealership Triple Net Triple Net FOR MORE INFORMATION PLEASE CONTACT:
JORDAN COULTER ED FERREIRA DARREN STAREK Industrial Properties Group Personal Real Estate Corporation Industrial Properties Group 604 662 5574 Industrial Properties Group 604 662 5175 [email protected] 604 662 5122 [email protected] [email protected]
FLOOR PLAN
GROUND FLOOR MEZZANINE
LOADING DOOR
LEGEND
2' x 2' WASHABLE CEILING TILE IN SUSPENDED T-BAR GRID
2' x 2' RECESSED FLUORESCENT
EX. FLUORESCENT LIGHT TO BE REMOVED
EX. FLUORESCENT LIGHT TO BE RETAINED
EFINITY Engineering Consulting
▲ ▲ PROPOSED PROPOSED LAMINATE FLOOR RECEPTION DESK THROUGHOUT
*NOT TO SCALE
FOR SALE INVESTMENT OPPORTUNITY
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.
Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
THE CBRE LIMITED ADVANTAGE: LOCAL KNOWLEDGE. NATIONAL PRESENCE. GLOBAL REACH. Vancouver Edmonton Calgary Winnipeg London Kitchener Toronto Ottawa Montreal Saint John Halifax