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For Sale/Lease for Sale/Leasepioneer Plaza Unique Owner-User / Repositioning19963 Opportunity96th Avenue | Langley, Bc Pioneer Plaza 19963 96Th Avenue Langley, Bc

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For Sale/Lease for Sale/Leasepioneer Plaza Unique Owner-User / Repositioning19963 Opportunity96th Avenue | Langley, Bc Pioneer Plaza 19963 96Th Avenue Langley, Bc Golden Ears Way FOR SALE/LEASE FOR SALE/LEASEPIONEER PLAZA UNIQUE OWNER-USER / REPOSITIONING19963 OPPORTUNITY96TH AVENUE | LANGLEY, BC PIONEER PLAZA 19963 96TH AVENUE LANGLEY, BC GOLDEN EARS BRIDGE 201 Street 199A Street (10,238 VPD) SUBJECT SITE 96th Avenue (18,110 VPD) 200 Street JON BUCKLEY* JACK ALLPRESS* 604 630 0215 604 638 1975 [email protected] [email protected] *Personal Real Estate Corporation FORM RETAIL ADVISORS INC. FOR SALE/LEASE PIONEER PLAZA 19963 96TH AVENUE | LANGLEY, BC Form Retail Advisors Inc. (“Listing Agent”) has exclusively been engaged to facilitate the sale and/or lease of Pioneer Plaza, municipally referred to as 19963 96th Avenue in Langley, British Columbia (“Subject Property”). OPPORTUNITY • Prominent open air shopping center with abundant parking and high visibility along 96th Avenue and 199A Street • Subject Property consists of 25,350 square feet of inline space and a 2,792 square foot drive-thru pad • The existing building allows investors and/or owner-users to secure large format space at below replacement cost, reducing barriers to market entry for many tenants • Exceptional access to the Trans-Canada Highway, Golden Ears Bridge, Port Mann Bridge and South Fraser Perimeter Road • Anchored by long-term tenants McDonald’s and Scotiabank • Exposure to 18,110 VPD along 96th Avenue and 10,238 VPD along 199A Street MARKET OVERVIEW • Strategically located between the neighbourhood of Walnut Grove and the industrial area of Port Kells • Area tenants include Tim Hortons, Wendy’s, Colossus Langley Cinemas, IGA Marketplace, Shoppers Drug Mart, and Boston Pizza, among others • Strategically located near the Golden Ears Bridge allowing neighbouring municipalities easy access to Walnut Grove The Subject Property is located adjacent to the neighbourhood of Port Kells, which benefits from the future development of the adjacent Anniedale-Tynehead neighbourhood, just south of Highway 1. The recently created plan for Anniedale-Tynehead will offer opportunities for business park, industrial, commercial and residential development and is projected to see a population increase over five fold, during the next 2 decades. The Subject Property also benefits from being in close proximity to Walnut Grove, located on the east side of Port Kells. Walnut grove is a major urban growth area within the Township of Langley, which has a population of approximately 24,920 people, boasting strong demographics with household incomes over $108,000. FORM RETAIL ADVISORS INC. FOR SALE/LEASE PIONEER PLAZA 19963 96TH AVENUE | LANGLEY, BC MUNICIPAL ADDRESS 19963 96th Avenue, Langley, British Columbia PID 005-370-639 LEGAL DESCRIPTION LOT 26 EXCEPT: FIRSTLY; PART DEDICATED ROAD ON PLAN LMP7846 SECONDLY; PART DEDICATED ROAD ON PLAN BCP25612 DISTRICT LOT 123 GROUP 2 NEW WESTMINSTER DISTRICT PLAN 55758 ANCHOR TENANTS AVAILABLE UNITS • McDonald’s (drive-thru) CRU Size (SF) • Scotiabank 19963 1,766 LOT SIZE 19965 1,960 82,215 SF 19971 1,000 NET RENTABLE AREA 19981, 28,142 SF 19983 & 5,303 19985 PARKING 19991 1,450 98 parking stalls (3.48 per 1,000 SF) ADDITIONAL RENT TRAFFIC COUNTS (2016 BUDGETED) • 18,110 VPD along 96th Ave. $8.19 PSF • 10,238 VPD along 199A St. LEASE RATES ZONING Please Contact Listing Agent C-2 Service Commercial Zone STABILIZED NOI ACCESS/EGRESS $610,569 • Left In/Left Out off of 199A Street • Right In/Right Out and Left In off FINANCING of 96th Avenue Available Clear Title OCCUPANCY SALE PRICE Available Immediately Prospective purchasers are invited to submit Offers for the Subject Property through the Listing Agent for consideration by the Vendor FORM RETAIL ADVISORS INC. FOR SALE/LEASE PIONEER PLAZA 19963 96TH AVENUE | LANGLEY, BC SITE PLAN #19963 #19965 #19971 #19981 & #19983 1,766 SF 1,960 SF 1,000 SF 4,266 SF Pioneer Pitstop Pioneer My Dog’s Hair Salon Hair Dog’s My LOADING DOCK Anjen New & Used Furniture Used & New Anjen #19985 1,037 SF #19991 1,450 SF DONAIR AFFAIR FORM RETAIL ADVISORS INC. Maple Ridge Square MAPLE RIDGE FORValley Fair SALE/LEASE Mall FOR SALE/LEASEPIONEER PLAZA UNIQUE OWNER-USER / REPOSITIONING19963 96TH OPPORTUNITY AVENUE | LANGLEY, BC PIONEER PLAZA 19963 96TH AVENUE Haney Place Mall LANGLEY, BC Golden Ears Way 199A Street SUBJECT SITE 96th Avenue FORT LANGLEY Trans-Canada Hwy 200 Street 2016 ESTIMATES 10 MIN 1 KM 3 KM 5 KM AND PROJECTIONS DRIVE Population 1,511 21,950 61,916 92,603 Households 629 8,286 22,000 32,945 Average Household $113,056 $107,101 $107,656 $105,642 Income FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORMRETAIL.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors inc. FORM RETAIL ADVISORS INC..
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