FOR SALE 7500 LOWLAND DRIVE BURNABY, BC - LoopNet
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FOR SALE 7500 LOWLAND DRIVE BURNABY, BC RARE FREE-STANDING WAREHOUSE FACILITY HIGH QUALITY TILT-UP CONSTRUCTION ENQUIRIES BUILT BY THE BEEDIE GROUP Located two blocks east of Byrne Road on Lowland Drive in Bruce Hynds Riverfront Business Park. Industrial Properties 21,574 sq. ft. high quality tilt-up construction office/warehouse 604 662 5119 facility on 1.05 acres. bruce.hynds@cbre.com w w w.c b r e.c a
EXECUTIVE SUMMARY NEARBY AMENITIES SOUTH BURNABY’S BIG BEND CROSSING FRASER FORESHORE PARK Big Bend Crossing is a 330,000 square foot power 7500 LOWLAND DRIVE Located one block south of 7500 Lowland Drive is centre situated on 26 acres on the north side of Marine BURNABY, BRITISH COLUMBIA Fraser Foreshore Park located on Burnaby’s south with approximately 1,600 feet of frontage along Marine shore overlooking the North Arm of the Fraser River. Way. The centre’s major tenants include Winners/ LEGAL DESCRIPTION HomeSense, Michaels, Staples and Pet Smart. Lot 1, District Lot 166A, Group 1, New Westminster District Plan LMP 40692 MARINE WAY MARKET PID 024-377-210 METROTOWN Marine Way Market is Greater Vancouver’s largest new food, drug and automotive anchored shopping The Metrotown Shopping Centre is BC’s largest retail ASKING PRICE LOCATION centre situated at the southeast corner of Byrne Road centre comprised of 500 retail shops and services, 22 $8,600,000 and Marine Way. Featuring 275,000 square feet of cinemas and the Metropolis Entertainment centre. Also The Big Bend area of South Burnaby is a comprehensive planned retail space, Marine Way Market is anchored by Save- included in this complex is the new Chrystal Mall and estate consisting of approximately 2,000 acres of mixed uses, of LEASEBACK On-Foods, London Drugs and Canadian Tire. Hilton Hotel and Holiday Inn. Metrotown Shopping which industrial applications are predominant. Other land uses The Owner will entertain proposals to leaseback Centre is anchored by Sears, Zellers, Real Canadian include agricultural, recreational, and commercial applications. the property for a lease term of between one to Superstore, The Bay, Winners, HomeSense and This area has given Burnaby an important strategic advantage five years. Silvercity. for meeting its goal of providing a diverse range of development opportunities within this designated mixed-use area. According to ZONING the City of Burnaby, the Big Bend area is one of the most important Comprehensive District under the M2 and M5 business growth areas in the City and currently employs 10,000 guidelines. people and is projected to increase to 30,000 by 2021. DESCRIPTION OF IMPROVEMENTS Specifically, 7500 Lowland Drive is located in the Riverfront Business The subject property is improved with a high Park, a 67 acre industrial park comprised of a mix of office and light quality tilt-up concrete office/warehouse facility industrial users including Alpha Technologies, Grand and Toy, Stylus built by The Beedie Group in 1999. Furniture, Old Dutch Foods, and Columbia Manufacturing. FEATURES ACCESS > 21,574 sq. ft. single tenant facility comprised of: • 7,140 sq. ft. highly finished, air-conditioned > The subject property enjoys excellent access from North BURNABY FRASER FORESHORE PARK MARINE WAY MARKET office space on two floors Fraser Way and Boundary Road dividing Burnaby and • 14,434 sq. ft. high quality tilt-up concrete Vancouver. From this location via Marine Way or Boundary warehouse Road the following areas are easily acessed. > 24’ clear ceiling height in warehouse > 3 dock doors with levellers and one grade level door DRIVE TIMES > 30 surface parking stalls > Professionally landscaped > Total site size is 1.05 acres with 126 feet of 1 USA frontage on Lowland Drive and 362 feet of METROTOWN VANCOUVER TRANS CANADA TSAWWASSEN DOWNTOWN US depth CENTRE INT’L AIRPORT HIGHWAY FERRY VANCOUVER BORDER 5 MIN 15 MIN 15 MIN 20 MIN 30 MIN 30 MIN BIG BEND CROSSING METROTOWN CENTRE
FOR SALE ENQUIRIES Bruce Hynds Industrial Properties 7500 LOWLAND DRIVE 604 662 5119 bruce.hynds@cbre.com BURNABY, BC WAREHOUSE AREA PATTERSON DEER LAKE PARK VANCOUVER METROTOWN ROYAL OAK EDMONDS BURNABY NEW WESTMINSTER RIVERWAY GOLF COURSE MARINEWAY MARKET 22ND ST N MARINE FR WAY A S E R W A Y RICHMOND 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 canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
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