PROPERTY FOR SALE 4691 VANGUARD ROAD, …images1.loopnet.com/d2/Gxa_S5E-0n8... · PROPERTY FOR SALE...

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SUBJECT CAMBIE ROAD HIGHWAY 99 TO RICHMOND CITY CENTER & YVR INTERNATIONAL AIRPORT HIGHWAY 91 SHELL ROAD TO VANCOUVER CITY CENTER CBRE Limited is pleased to present an opportunity to purchase a 42,831 sq.ft free standing industrial investment property with special retail zoning. The property is fully leased with the potential for redevelopment in the future This property is conveniently located in North Richmond, adjacent to key transportation roads such as Highway 99, Highway 91 and Shell Road. Time to YVR International Airport: 9 Minutes* Time to Richmond city center: 9 Minutes* Time to Downtown Vancouver: 21 Minutes* *Source: Google Maps Joel Barnett Personal Real Estate Corporation [email protected] 604 662 5570 Steve Brooke Personal Real Estate Corporation [email protected] 604 662 5147 CBRE Limited | 1021 West Hastings Street | Suite 2500 | Vancouver, BC V6E 0C3 | www.cbre.ca PROPERTY FOR SALE 4691 VANGUARD ROAD, RICHMOND, BC This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.

Transcript of PROPERTY FOR SALE 4691 VANGUARD ROAD, …images1.loopnet.com/d2/Gxa_S5E-0n8... · PROPERTY FOR SALE...

SUBJECT

CAMBIE ROADHIGHWAY 99

TO RICHMOND CITY CENTER & YVR INTERNATIONAL AIRPORT

HIGHWAY 91

SHELL RO

AD

TO VANCOUVER CITY CENTER

CBRE Limited is pleased to present an opportunity to purchase a 42,831 sq.ft free standing industrial investment property with special retail zoning. The property is fully leased with the potential for redevelopment in the future

This property is conveniently located in North Richmond, adjacent to key transportation roads such as Highway 99, Highway 91 and Shell Road. Time to YVR International Airport: 9 Minutes*Time to Richmond city center: 9 Minutes*Time to Downtown Vancouver: 21 Minutes*

*Source: Google Maps

Joel BarnettPersonal Real Estate [email protected] 662 5570

Steve BrookePersonal Real Estate [email protected] 662 5147

CBRE Limited | 1021 West Hastings Street | Suite 2500 | Vancouver, BC V6E 0C3 | www.cbre.ca

PROPERTY FOR SALE4691 VANGUARD ROAD, RICHMOND, BC

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.

BUILDING SIZE: 42,831 sq.ft.

SITE SIZE: 1.43 acres or 62,239 sq.ft.

ZONING: IR1 (Industrial Retail)

CURRENT REVENUE: $267,259 per annum (with increases)

AVERAGE RENT: $5.77 per sq.ft.

DEMOLITION DATE: Contact agents

PROPERTY TAX: $64,052.67 (2016)

PRICE: $7,600,000

HIGHWAY 99SHELL ROAD

PROPERTY FOR SALE4691 VANGUARD ROAD, RICHMOND, BC

PROPERTY SUMMARY

4691 VANGUARD ROAD

ADDITIONAL BUILDING DETAILS:• Oversized grade loading doors• 16’ - 17’ ceiling height• Access to dock platform• Outside yard area at the rear• Heavy 3 phase power• Potential for direct cross rail access from Shell Road• Unique retail zoning with excellent highway exposure• Fully leased, multi-tenant building with 6 unit sizes ranging from

5,100 sq.ft. - 8,508 sq.ft.• Potential to construct a brand new 62,633 sq.ft. building with

37,580 sq.ft. on the ground floor