River Road Industrial

Industrial for Lease
Catylist Listing ID: 30535823
Property Subtypes: Industrial-Business Park
Contiguous Space: 30,000 - 50,775 SF
Total Available: 47,775 SF
Building Size (RSF): 47,775 SF
Gross Building Area: 300,000 SF
Lease Rate: $11.50 PSF (Annual)
Base Monthly Rent: $45,784
Lease Types: NNN
Ceiling: 24 - 26 ft.
Docks/Doors: 6 Docks
Building Name: River Road Business Centre
Usable Size (USF): 47,775 SF
Last Updated: 1/15/2020

Overview / Comments

Excellent location close to Richmond downtown and a block from Richmond Oval, with quick access to Highway 99 to downtown Vancouver or US Border, and 10 mins from East/West Connector. Lunch and fitness amenities available within walking distance. Clear ceiling height of 24 feet. Racking in the warehouse is optionally available. The lease expires in July, 2024, however has fairly good risk of renewal.

PARKING: ample parking in business center lot, River Road, and back alley.
There are 6 dock level bay doors. NOTE: Office space shown in measurements is ADDITIONAL to the warehouse and OPTIONAL: 2-3,000 Sf of upstairs office space is available, in separate unit on 2nd floor, which is accessible from the warehouse by stairs (at $15 psf).

LOW overhead additional rents at $3.10 per SF inclusive of property taxes

Expand All Available Space

Suite: 115-120 47,775 SF $11.50 PSF (Annual) NNN
Level/Floor: Main Floor Warehouse
Space Available: 47,775 SF
Minimum Divisible: 30,000 SF
Max Contiguous: 50,775 SF
Lease Rate: $11.50 PSF (Annual)
$45,784 (Monthly)
Lease Type: NNN
Space Description: First Warehouse listing is 47,775 SF and an additional upstairs Office can be obtained at $15 per SF, up to 3,000 SF.

I have a second space available now for 30,000 Sf in unit 113-114 if you need smaller.
Space Subcategory: Warehouse/Distribution, Office Building
Date Available: 3/1/2020
Space Type: Sublet
Sublease Expiration Date: 7/1/2024
Tax Expenses $1.24 PSF (Annual)
CAM Expenses $1.86 PSF (Annual)
Rent Escalators Fixed Lease
Ceiling 26 ft. / 24 ft. Clear
Loading Docks 6

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Parcel ID: 004863968
Zoning: IB1
Property Located Between: No. 2 and No. 3 Road
Highway Access: HWY 99
Rail Access: Yes
Airports: Vancouver International Airport
Site Description: 12.3 acres Business park with center oriented parking and loading. Units 115-120 are located on the south side of quadrangle-shaped building, making for easy access for parking and loading. Access from River road on the North side of building and also from back laneway to rear of building.
Area Description: Located mid-point between Downtown Vancouver and USA border for 30 minute commute in either direction. Richmond Center location provides 5 minute access to shopping malls, high density sky train oriented development zones, and the Vancouver International Airport.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Parking Type: Surface
Parking Description: There are no designated parking stalls, however the complex has ample parking on a first come, first serve basis. There is additional parking on both sides of River Road, and in the back lane which can be accessed through the back door of the warehouse. The parking lot has ample turning radius for 53 foot trailers.
Column Spacing: SPACIOUS
Amps: 300
X-Phase: 3
Zoning Description: IB1- The zone provides for a range of general industrial uses and stand-alone offices, with a limited range of compatible uses.

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Photograph of Listing Agent

Francine Tracey

Personal Real Estate Corporation
Promerita Realty Corp. Commercial First Member
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