FOR SALE 7500 LOWLAND DRIVE BURNABY, BC - LoopNet

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FOR SALE 7500 LOWLAND DRIVE BURNABY, BC - LoopNet
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

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FOR SALE 7500 LOWLAND DRIVE BURNABY, BC - LoopNet
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 7500 LOWLAND DRIVE BURNABY, BC - LoopNet
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

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RICHMOND

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  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
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  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
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FOR SALE 7500 LOWLAND DRIVE BURNABY, BC - LoopNet FOR SALE 7500 LOWLAND DRIVE BURNABY, BC - LoopNet FOR SALE 7500 LOWLAND DRIVE BURNABY, BC - LoopNet FOR SALE 7500 LOWLAND DRIVE BURNABY, BC - LoopNet FOR SALE 7500 LOWLAND DRIVE BURNABY, BC - LoopNet
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