KING BUSINESS PARK LARGE-BAY INDUSTRIAL STRATA UNITS FOR SALE - 31779 & 31789 King Road, Abbotsford, B.C - Fastly
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KING BUSINESS PARK LARGE-BAY INDUSTRIAL STRATA UNITS FOR SALE 31779 & 31789 King Road, Abbotsford, B.C.
FOR SALE INTRODUCING KING BUSINESS PARK Abbotsford’s newest large-bay industrial strata development King Business Park is a brand new 112,372 square foot large-bay industrial strata complex offering Two buildings First-class Units sizes ranging Occupancy stateof-the-art spaces for businesses looking to own industrial real estate in the Fraser Valley. totaling 112,372 SF construction 11,667 SF – 14,537 SF Q3-2021 Comprised of two first-class buildings of 52,880 SF and 59,492 SF, King Business Park offers unit sizes and modern ranging from 11,667 SF to 14,537 SF. Strategically located south-west of the Highway 1 Clearbrook Road specifications interchange, King Business Park features high accessibility and proximity to key logistics routes, as well as the Abbotsford International Airport, the US border, and downtown Abbotsford. KING BUSINESS PARK | 2
STRATEGICALLY LOCATED Abbotsford Downtown 10 minutes Convenient access in all directions to the Trans-Canada Highway Downtown Vancouver King Business Park is located on the north side of King Road, 55 minutes just west of Clearbrook Road in Abbotsford. Situated within a two-minute drive of the Clearbrook interchange, King Business Park offers convenient access in all directions to the Trans- Canada Highway (Highway 1). The Clearbrook interchange was recently upgraded in 2010 Surrey Fraser Docks with a six-lane overpass, complete with multi-lane access/ 35 minutes egress ramps, specifically designed to ensure efficient connectivity with Highway 1 and to minimize traffic congestion. The Huntington-Sumas border crossing is 10 minutes away, Clearbrook Interchange providing timely access to and from the United States. 2 minutes Variety of shopping malls, banks, restaurants and convenient labour pool connectivity King Business Park, located near the Abbotsford Airport, is within a 10-minute drive to downtown Abbotsford. This excellent location provides numerous benefits including convenient proximity to a variety of shopping malls, banks restaurants and other useful amenities, and advantageous connectivity for the labour pool. Abbotsford International Airport Canada – US Border 5 minutes 10 minutes KING BUSINESS PARK | 3
STATE-OF-THE-ART FEATURES CONSTRUCTION LOADING CEILING HEIGHT LIGHTING SPRINKLERS ZONING Insulated concrete 2 dock & 1 grade 26’ clear High efficiency LED ESFR I-2 Industrial tilt-up panels loading door per unit lighting fixtures POWER OFFICE FLOOR LOAD WARRANTY SKYLIGHTS OCCUPANCY 3-Phase, 200 amp Build-To-Suit Ground floor: 500 lbs per SF 12 month warranty on all material 3 warehouse skylights standard Q3- 2021 @ 600 volt electrical Mezzanine: 100 lbs per SF and workmanship defects from in each unit service in each unit the date of substantial completion Building 1 Building 2
KING BUSINESS PARK - Abbotsford July 09 2020 ACCESS/EGRESS RIGHT OF WAY DRIVE DRIVE M/E WAY M/E WAY UNDER UNIT 101 UNIT 201 Mezz. 57.20' Mezz. Main: 9,85 5 sf. 68.00' 1,812 sf. CONTRACT Main: 1 2,017 sf. Total: 1 1,66 7 sf. 2,240 sf. Total: 1 4,257 sf. UNIT 202 Mezz. 57.00' Main: 10,186 sf. SOLD UNIT 102 1,831 sf. Mezz. Total: 12,017 sf. 57.00' Main: 10,204 sf. K IN G R O A D 1,946 sf. K IN G R O A D Total: 12,150 sf. BUILDING 2 BUILDING 1 UNDER UNIT 203 Mezz. 57.00' CONTRACT Main: 10,085 sf. SOLD UNIT 103 1,762 sf. Mezz. Total: 11,847 sf. 57.00' Main: 10,096 sf. 1,840 sf. Total: 11,936 sf. 184.50' SOLD UNIT 204 Mezz. 1,822 sf. 57.00' Mezz. Main: 10,186 sf. 2,240 sf. SOLD UNIT 104 35.00' Total: 12,008 sf. 30.00' 68.00' Main: 12,297 sf. 197.50' 30.00' Total: 14,537 sf. 35.00' 197.50' SOLD UNIT 205 Mezz. 57.00' DRIVE Main: 10,136 sf. WAY ONE WAY 1,817 sf. Total: 11,953 sf.
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Developer | Cedar Coast Cedar Coast is a Vancouver, BC based real estate development and investment firm with an 18 year track record of successful outcomes throughout the Pacific Northwest. It currently has 21 active real estate projects in Canada and the PROJECT TEAM United States. With their vast experience in the real estate and development industry, principals Ender Ilkay and Willie Fisher have approached each investment decision with a long-term view of creating winning outcomes for their investment partners, team and the communities in which they invest. This approach has contributed to the substantial growth of the company, while staying true to the principals that built it. In aggregate, Cedar Coast’s current active investment portfolio is expected to result in the development of over 9 million square feet of residential and light industrial density, with an estimated completion value of over $2 billion. cedarcoast.com Construction | Orion Construction Orion Construction is one of the largest and most innovative design build contractors in the Lower Mainland specializing in light industrial and commercial projects. Experts in the pre-construction process, engaging with stakeholders through conceptual drawings, driving detailed design, municipal entitlements, and a completed product that is consistent with client’s expectations, budget, and schedule. The construction management team has significant experience delivering over 5 million square feet of light industrial and commercial projects throughout Western Canada. Currently, Orion Construction has 2.5 million square feet of projects under construction. orionconstruction.ca Sales | Colliers International Colliers is a leading global real estate services and investment management company. With operations in 68 countries, its 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. The foundation of its service is the strength and depth of its specialists. As industrial market leaders, Colliers’ project team understands strata investments and ownership inside and out. You can depend on Colliers’ ability to draw on years of direct experience in the local market, long-term relationships and comprehensive market insight. Whether you are a local firm or a global organization, Colliers provides creative solutions for all your real estate needs. collierscanada.com KING BUSINESS PARK | 7
KING BUSINESS PARK Chris Brewster Personal Real Estate Corporation 604 662 2694 chris.brewster@colliers.com Colliers International 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 +1 604 681 4111 collierscanada.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2020. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers International Inc. PO12448
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