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3014 Westwood St 6,808 SF Retail Building Port Coquitlam, BC V3C 3L7 $2,533,730 USD ($372.17 USD/SF)
Investment 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.
- Functional drive-through loading capability with five (5) grade loading bays at the rear, and two (2) at the front.
- Clean Phase I and Phase II Environmental Reports available.
- Solid concrete block construction, functional building design, providing an efficient and functional layout.
- Approximately 180 feet of frontage onto Westwood Street and a 17,377 sf (.40 Acre) site
- Attractive in place income with four (4) rental escalations over the new 10 year term, expiring in 2036.
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,808 SF
Building Class
B
Year Built
1975
Price
$2,533,730 USD
Price Per SF
$372.17 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.39 AC
Zoning
M1 - General Industrial
Frontage
144’ on Westwood Street
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 6
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3014 Westwood St
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