12380 Horseshoe Way - Warehouse FOR SALE


Richmond, BC V7A 4Z1
$33,990,000 CAD
604-662-3000
12380 Horseshoe Way, Richmond, BC for Sale
$33,990,000 CAD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

12380 Horseshoe Way
Richmond, BC V7A 4Z1


HIGHLIGHTS

  • Freestanding industrial building on 3.75 acres with extra land for storage or expansion.
  • 20-foot clear ceiling height and fully sprinklered warehouse for operational efficiency.
  • 4 dock doors with levelers and 4 grade-level loading doors for flexible logistics.
  • Secure truck loading court and full drive-around capability for streamlined access.
  • Robust power supply with 347/600 volt, 800 amp, 3-phase, 4-wire electrical service.
  • Strategic location near Highway 99 and Steveston Highway with access to YVR and major routes.

OVERVIEW

This freestanding industrial facility offers a rare opportunity to acquire a substantial 61,573 SF building on 3.75 acres in Richmond’s Riverside Industrial Park. The property features a tilt-up concrete structure with a 20-foot clear ceiling height, fully sprinklered interiors, and robust electrical capacity (347/600 volt, 800 amp, 3-phase, 4-wire service). The site includes a secure truck loading court, full drive-around capability, and additional land for outdoor storage or future expansion. Located near Highway 99 and Steveston Highway, the property provides excellent connectivity to major transportation routes, Vancouver International Airport, and the Greater Vancouver area. Currently leased to Elk Valley Mining Ltd. until February 28, 2027, this asset offers stable income with no renewal rights, making it an attractive investment for owner-users or investors seeking long-term upside in a high-demand industrial market. The property is located in Riverside Industrial Park in South Richmond, near Highway 99 and Steveston Highway. It consists of a tilt-up concrete building constructed in 1984 and expanded in 1989. The site covers 3.75 acres with a building size of 61,573 SF and site coverage of 37.7%. Zoning is IB1 (Industrial Business Park). The property includes a secure truck loading court, additional land, and full drive-around capability. It is currently leased to Elk Valley Mining Ltd. until February 28, 2027, with no renewal rights.

FOR SALE DETAILS

PRICE

$33,990,000 CAD

PRICE/SF

$552 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building & Land 3.75 acres

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

4

DRIVE INS

4

PARKING SPACES

35

LAND DETAILS

LAND ACRES

3.75

LAND SF

163,350

ZONING

IB1

APN/PARCEL ID

008905886

ASK ABOUT THIS PROPERTY

Fraser RowlandCBRE, LimitedMore Info
604-662-3000

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Fraser RowlandCBRE, LimitedMore Info
604-662-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.