52,000 ft²Retail$48.00/sf/yrLease
52,000 ft²
Retail
$48.00/sf/yr
Lease
Adam Frizzell
Lennard Commercial Realty
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An exceptional opportunity to acquire an existing retail centre, with further development opportunity, in the Dominion Triangle of Port Coquitlam, one of the largest regional retail hubs in the Lower Mainland. The subject property benefits from the recent significant residential development in the surrounding area, and the future developments anticipated. Nearby developments include Burke Mountain, the adjacent townhome development by Mosaic, and Fremont Village by Onni. Area tenants include Walmart, Dollarama, Canadian Tire, Mark’s Work Wearhouse, Save on Foods, Costco, Home Depot BC Liquor store and H-Mart. Phase 1 of the property is anchored by Value Village, BC Cannabis, and an H-Mart grocery store.
The Space
Base Rent$32.00/sf/yr
Additional Rent$16.00/sf/yr
Available Space52,000 ft²
AvailableImmediately
Lease TypeDirect
SourceDirect
The Building
• Significant scale in one of the Lower Mainland’s most active communities with a growing residential base and diversified mixed-use amenities. • Strong in-place income and covenant with BC Cannabis Store, Value Village and H-Mart comprising the tenant profile generating approximately $1 million in NOI. • An established retail core with synergistic big-box retailers present including Canadian Tire, Home Depot, Walmart, Costco, and Save-On-Foods. • The offering comprises of 7 acres with 4.2 acres of development ready serviced, and levelled excess land that will facilitate additional commercial density. • One of the most rapidly growing neighbourhoods in the Tri-Cities with unseen levels of low and midrise wood frame development taking place making this a highly desirable location for young professionals, families, and move-up buyers.
Property TypeRetail
Lot Size7.00 AC
Additional Listings at 970 Dominion Avenue, Port Coquitlam, BC
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Suite
Price
Size
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Contact for pricing
7.00 AC
Retail / Land
Up to $500K for British Columbia businesses
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