FOR SALE | HEAVY INDUSTRIAL OPPORTUNITY 750 KINGSWAY AVENUE PORT , BC

Location The site is centrally located between the Mary Hill Bypass and the at the west end of the . Access to the property is off of the Mary Hill Bypass via Fremont Street. This waterfront site is a strategic link between the Mary Hill Industrial Area and the emerging Dominion Triangle/ Fremont Village area to the north.

Zoning The property is currently zoned M2 (Heavy Industrial). The property is identified as Marine Commercial in the official community plan. The Marine Commercial designation allows for a mix of marine-related and multiple-family residential uses.

Lot Sizes SUBJECT Combined site totals approximately 9.77 acres. There’s potential to assemble an RIVERS EDGE BUSINESS PARK additional 2.14 acres of adjacent sites. The site also comes with a water lot lease comprising 3.317 acres of bed and foreshore of the Pitt River fronting lot 10. See chart for reference.

Tenancy 750 Kingsway is tenanted until June 30, 2019. The tenant pays $15,584.00 per month NNN. WATERFRONT DEVELOPMENT OPPORTUNITY Water Lot Lease

Steve Caldwell Chris McIntyre Personal Real Estate Corporation Personal Real Estate Corporation D 604.895.2224 C 604.809.3122 D 604.630.3392 C 604.889.0699 [email protected] [email protected] FOR SALE | HEAVY INDUSTRIAL OPPORTUNITY 750 KINGSWAY AVENUE PORT COQUITLAM, BC

Opportunity Area Overview This unique offering may appeal to developers, users, and investors alike. This rare The Tri-cities (Port Coquitlam, Coquitlam and ) is one of the ’s waterfront site may provide an opportunity for a purchaser to utilize the site on an fastest growing regions with a combined population of 280,000 that is projected to reach industrial basis and may benefit from future redevelopment upside. 370,000 with the next three to four years.

Port Coquitlam is a community of more than 57,000 people. It is centrally located within Environmental the Lower Mainland with easy access to , transit, and commuter rail links. A full active plan is in place The city offers a wide range of housing choices, quality schools, health care facilities, with COC’s and determination shopping, recreation, and art facilities. Residents have access to more than 266 hectares expected by mid-2018. Contact of park land and an extensive system of outdoor trails for cycling, hiking, and walks. The agents for further details. area is just south of the Dominion Triangle/Fremont Village area which houses a new mix of residential, retail, commercial, and industrial uses. Price Contact brokers

Fremont Indigo

Rivers Edge Business Park

Fremont Village Lot Overview

Tenancies Fremont ConnectorLougheed Hwy The sites currently accommodate 2 tenants:

Trenton St Perkins St Log Sort Operation 7.7 acres at $15,584.00 per month NNN. 6 3 Expiry June 30, 2019 2 5 4

1 Dr Fremont 8 7 9 Trucking + Bark and Mulch Sales Mary Hill Bypass Kingsway Ave Approx. 2 acres at $2,568.00 per month. Month to month lease.

10 Water Lot Lease The owner has a water lot lease for 3.317 acres in front of the property on the Pitt River with the Vancouver Port Authority. The lease is a 5 year term expiring January 7, 2020, and the annual lease is presently 10 Water Lot Lease $17,379.74 plus GST.

# Address Lot Size Assessed Value (2019) Taxes (2017)

1 773 Kingsway (3 Parcels) 16,137 SF $1,219,000.00 $7,524.45

2 757 Kingsway (4 Parcels) 21,516 SF $1,626,000.00 $10,039.23

3 1703 Trenton (1 Parcel) 4,356 SF $359,000.00 $2,215.41

4 1715/1725 Fremont (2 Parcels) 8,184 SF $689,000.00 $4,251.20

5 1706/1716/1726/1736 Perkins (4 Parcels) 15,946 SF $1,356,000.00 $8,382.65

6 1746 Perkins (1 Parcel) 4,026 SF $341,000.00 $2,095.67

7 1681 Trenton (4 Parcels) 17,357 SF $1,426,000.00 $8,801.78

8 NW Corners Kingsway & Trenton (1 Parcel) 9,127 SF $1,221,000.00 $4,182.83

9 Kingsway & Trenton - West Lot (1 Parcel) 20,168 SF $751,000.00 $9,375.28

10 750 Kingsway (1 Parcel) 308,840 SF $11,082,000.00 $91,990.55

TOTAL 425,657 SF $19,381,000.00 $148,859.05 River view

Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 03/05/19. leevancouver.com FOR SALE | HEAVY INDUSTRIAL OPPORTUNITY 750 KINGSWAY AVENUE PORT COQUITLAM, BC

BC Hwy 7 / Lougheed Hwy

Holland Ave

Kingsway Ave

Perkins St

Fremont St

Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 03/05/19.

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