3014 Westwood St - Auto Repair FOR SALE
Port Coquitlam, BC V3C 3L7 |
$3,600,000 CAD
604-647-5097
3014 Westwood St
Port Coquitlam, BC V3C 3L7
HIGHLIGHTS
- 20 year tenancy with a new 10-Year lease term in place with the privately owned, Craftsman Collision, providing a true ‘hands off’ investment.
- Solid concrete block construction, functional building design, providing an efficient and functional layout.
- Functional drive-through loading capability with five (5) grade loading bays at the rear, and two (2) at the front.
- Approximately 180 feet of frontage onto Westwood Street and a 17,377 sf (.40 Acre) site
- Clean Phase I and Phase II Environmental Reports available.
- Attractive in place income with four (4) rental escalations over the new 10 year term, expiring in 2036.
OVERVIEW
Avison Young is pleased to present 3014 Westwood Street in Port Coquitlam, B.C. An exceptional opportunity to acquire an extremely well maintained and operated service industrial facility, that has been 100% tenanted by Craftsman Collision for over 20 years, who just committed to a brand new 10-year term until 2036 ,with rental escalations in place.
FOR SALE DETAILS
PRICE
$3,600,000 CAD
PRICE/SF
$529 CAD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.39 AC
LAND SF
17,095 SF
ZONING
M1
APN/PARCEL ID
026034166
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604-647-5097
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604-647-5097
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