Menu

10.30 AC
Industrial / Land


Download Brochures

Rarely available 10.3 Acre development opportunity with 4.4% cap rate in prime Coquitlam location! Fully leased, meticulously maintained industrial complex with upside in future rents. Great Triple A tenants for 3 1/2 years. Substantial upgrades. Asking Price per request. The subject property is located in the City of Coquitlam, in the geographic centre of the Lower Mainland. Access to Rail lines. The Trans-Canada Highway, Lougheed Highway and the Barnet Highway provide excellent vehicular access to not only the City of Vancouver but to all points of the Lower Mainland and beyond. 150 Glacier is located on the southeast corner of Lougheed Highway and United Boulevard in the Mayfair Industrial Park in Coquitlam, which is a well established industrial neighborhood with close proximity to Trans-Canada Highway. Building and Site Description The subject property comprises of 10.309-acre site which has one well maintained tilt up concrete building consisting of Warehouse and 2 level office space at the front. The building is measuring approximately 34,000 sq.ft. size and has large drive-in loading doors located in the Yard. It is fully Leased with estimated cashflow of $1,869,214 yearly gross rent and $1,536,276 Net operating Income. Zoning M-1 General Industrial (industrial, manufacturing, warehousing and storage uses)


The Space
Available Space10.30 AC
Net Operating Income$1,536,276
Property UseInvestment property
Bay Doors0

The Building - 150 Glacier

The subject property is located in the City of Coquitlam, in the geographic centre of the Lower Mainland. The Trans-Canada Highway, Lougheed Highway and the Barnet Highway provide excellent vehicular access to not only the City of Vancouver but to all points of the Lower Mainland and beyond. 150 Glacier is located on the southeast corner of Lougheed Highway and United Boulevard in the Mayfair Industrial Park in Coquitlam, which is a well established industrial neighborhood with close proximity to Trans-Canada Highway. Building and Site Description The subject property comprises of 10.309-acre site which has one well maintained tilt up concrete building consisting of Warehouse and 2 level office space at the front. The building is measuring approximately 34,000 sq.ft. size and has large drive-in loading doors located in the Yard. It is fully Leased with estimated cashflow of $1,869,214 yearly gross rent and $1,536,276 Net operating Income. Zoning M-1 General Industrial (industrial, manufacturing, warehousing and storage uses)

Property TypeIndustrial
Floors2
Building Size34,000 ft²
Lot Size10.30 AC
Protect your business. Get insured now
Buy your business insurance online
Get your policy delivered to your inbox