Industrial for Sale
Sale Pending
Catylist Listing ID: 30187691
Property Subtypes: Free-Standing, Industrial-Business Park, Light Industrial, Office Showroom, Warehouse/Distribution
Status: Pending
Building Size (RSF): 32,402 SF
Gross Land Area: 1.61 Acres
Sale Price: $7,480,000
Unit Price: $230.85 PSF
Docks/Doors: 2 Docks, 4 Doors
Office SF: 4,266 SF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2018

Overview / Comments

To aquire a rarely available freestanding industrial property of 32,402 SF building with corner street profile, efficient cubic space, functional loading and well-appointed offices on 1.61 acres. Tenant is in a fixed lease until October 31, 2018. Clean Stage 1 Environmental report is available.

Current Tenants

Tenant Business Name Integro Building Systems
Contact Name Gordon McKinnon
Contact Title Operations Manager
Phone Number 604-546-2720
Website URL
Industry Type Construction
Is Renting? Yes
Annual Revenue $202,513 (Annual)

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Taxing Authority: Langley Township
Parcel ID: 025-423-924
Zoning: M-1
Property Located Between: 272nd Street / 58th Crescent / 56th Avenue
Highway Access: Good access to TransCanada Highway
Area Description: The subject property is located at the southeast corner of 58th Crescent and 272nd Street within the Gloucester Industrial Estates. The local area is home to a number of reputable companies such as EV Logistics, Klondike Cold Storage, General Motors, K-Line Trailers, Marmon/Keystone, Masonite International, BWay Packaging, Hardwoods, and more. Gloucester Industrial Estates is accessible via the Trans-Canada Highway & Highway 13/264th Street.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 15
Typical SF / Floor: 30,269 SF
Property Condition: Excellent
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Parking Type: Surface
Sprinklers: Wet
X-Phase: 3
Heat Type: Natural Gas, Space Heaters
Heat Source: Ceiling Units, Heat Pump
Air Conditioning: Engineered System
Lighting: Fluorescent, Metal Halide
Zoning Description: M-1 (General Industrial) zoning allows for a wide array of industrial uses such as warehousing, storage, manufacturing, distribution, service uses and more
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot A Section 8 Township 14 New Westminster District Plan LMP54331


Photograph of Listing Agent

Kevin J Volz

Personal Real Estate Corporation
Cushman & Wakefield Commercial First Member
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