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5502 Lougheed Hwy 64,318 SF Specialty Building Offered at $77,368,328 in Burnaby, BC V5B 2Z8
EXECUTIVE SUMMARY
HIGH-RISE DEVELOPMENT OPPORTUNITY ' 3rd Reading Approved - A premier 4.29-acre, transit-oriented high-rise development site located immediately beside Holdom Station on the Millennium Line, just one stop from Brentwood Town Centre. This rare offering presents a large-scale, high-density development opportunity in the rapidly evolving and highly desirable Brentwood neighbourhood. The existing project is nearly entitled with 3rd Reading approval in place, significantly reducing development risk and timeline. The current ownership group has completed plans for a three-tower project totaling over 1.3 million sq.ft. of proposed gross floor area. Drawings and reports upon request to qualified buyers, please contact listing agents for further information.
PROPERTY FACTS
| Price | $77,368,328 USD | Lot Size | 4.28 AC |
| Price Per SF | $1,202.90 USD | Building Size | 64,318 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1962 |
| Property Subtype | Lodge/Meeting Hall | Tenancy | Single |
| Building Class | C | Parking Ratio | 3.12/1,000 SF |
| Zoning | M-2, P-2 | ||
| Price | $77,368,328 USD |
| Price Per SF | $1,202.90 USD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | C |
| Lot Size | 4.28 AC |
| Building Size | 64,318 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Tenancy | Single |
| Parking Ratio | 3.12/1,000 SF |
| Zoning | M-2, P-2 |
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5502 Lougheed Hwy
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