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7413 Lowland Dr - Building 2 3,570 SF Industrial Condo Units Offered at $1,761,497 Per Unit in Burnaby, BC V5J 5A8
Investment Highlights
- 24 light industrial strata units
- Prominently located along Lowland Drive, between Byrne Road and Beedie Street
- 100 amp, 600 volt, 3 phase electrical with potential to upgrade to 200 amp
Executive Summary
High Point Park is prominently located along Lowland Drive, between Byrne Road and Beedie Street, in the Big Bend Area of South Burnaby. It is located only minutes from the Vancouver-Burnaby boarder and easily accessible via Marine Way and Boundary Road. This area provides convenient access to Burnaby, Vancouver, Richmond and Surrey, and is serviced by an abundance of amenities at the nearby Market Crossing and Big Bend Crossing retail developments and River District Town Centre
4 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.
Sale Notes
Union Allied and Avison Young are pleased to present High Point Park - a 4-building, 24-unit light industrial strata development with units starting from 3,062 square feet. This presents a unique opportunity for owner/ users and investors to acquire sought-after industrial real estate. Its central location close to vital highways and other major businesses and amenities make this an excellent opportunity to acquire a valuable industrial property in the growing Burnaby area. Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.
Sale Notes
Union Allied and Avison Young are pleased to present High Point Park - a 4-building, 24-unit light industrial strata development with units starting from 3,062 square feet. This presents a unique opportunity for owner/ users and investors to acquire sought-after industrial real estate. Its central location close to vital highways and other major businesses and amenities make this an excellent opportunity to acquire a valuable industrial property in the growing Burnaby area. Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.
Sale Notes
Union Allied and Avison Young are pleased to present High Point Park - a 4-building, 24-unit light industrial strata development with units starting from 3,062 square feet. This presents a unique opportunity for owner/ users and investors to acquire sought-after industrial real estate. Its central location close to vital highways and other major businesses and amenities make this an excellent opportunity to acquire a valuable industrial property in the growing Burnaby area. Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.
Sale Notes
Union Allied and Avison Young are pleased to present High Point Park - a 4-building, 24-unit light industrial strata development with units starting from 3,062 square feet. This presents a unique opportunity for owner/ users and investors to acquire sought-after industrial real estate. Its central location close to vital highways and other major businesses and amenities make this an excellent opportunity to acquire a valuable industrial property in the growing Burnaby area. Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 202 | 3,570 SF | Industrial | $1,761,497 USD ($493.42 USD/SF) | - |
| Unit 203 | 3,570 SF | Industrial | $1,761,497 USD ($493.42 USD/SF) | - |
| Unit 204 | 3,570 SF | Industrial | $1,761,497 USD ($493.42 USD/SF) | - |
| Unit 205 | 3,570 SF | Industrial | $1,761,497 USD ($493.42 USD/SF) | - |
Unit 202
| Unit Size |
| 3,570 SF |
| Condo Use |
| Industrial |
| Price |
| $1,761,497 USD ($493.42 USD/SF) |
| NOI |
| - |
Unit 203
| Unit Size |
| 3,570 SF |
| Condo Use |
| Industrial |
| Price |
| $1,761,497 USD ($493.42 USD/SF) |
| NOI |
| - |
Unit 204
| Unit Size |
| 3,570 SF |
| Condo Use |
| Industrial |
| Price |
| $1,761,497 USD ($493.42 USD/SF) |
| NOI |
| - |
Unit 205
| Unit Size |
| 3,570 SF |
| Condo Use |
| Industrial |
| Price |
| $1,761,497 USD ($493.42 USD/SF) |
| NOI |
| - |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 202
| Unit Size | 3,570 SF |
| Condo Use | Industrial |
| Price | $1,761,497 USD ($493.42 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Description | |
| Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.</li></ul> | |
| Sale Notes | |
| Union Allied and Avison Young are pleased to present High Point Park - a 4-building, 24-unit light industrial strata development with units starting from 3,062 square feet. This presents a unique opportunity for owner/ users and investors to acquire sought-after industrial real estate. Its central location close to vital highways and other major businesses and amenities make this an excellent opportunity to acquire a valuable industrial property in the growing Burnaby area. Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 203
| Unit Size | 3,570 SF |
| Condo Use | Industrial |
| Price | $1,761,497 USD ($493.42 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Description | |
| Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.</li></ul> | |
| Sale Notes | |
| Union Allied and Avison Young are pleased to present High Point Park - a 4-building, 24-unit light industrial strata development with units starting from 3,062 square feet. This presents a unique opportunity for owner/ users and investors to acquire sought-after industrial real estate. Its central location close to vital highways and other major businesses and amenities make this an excellent opportunity to acquire a valuable industrial property in the growing Burnaby area. Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 204
| Unit Size | 3,570 SF |
| Condo Use | Industrial |
| Price | $1,761,497 USD ($493.42 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Description | |
| Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.</li></ul> | |
| Sale Notes | |
| Union Allied and Avison Young are pleased to present High Point Park - a 4-building, 24-unit light industrial strata development with units starting from 3,062 square feet. This presents a unique opportunity for owner/ users and investors to acquire sought-after industrial real estate. Its central location close to vital highways and other major businesses and amenities make this an excellent opportunity to acquire a valuable industrial property in the growing Burnaby area. Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 205
| Unit Size | 3,570 SF |
| Condo Use | Industrial |
| Price | $1,761,497 USD ($493.42 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Description | |
| Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.</li></ul> | |
| Sale Notes | |
| Union Allied and Avison Young are pleased to present High Point Park - a 4-building, 24-unit light industrial strata development with units starting from 3,062 square feet. This presents a unique opportunity for owner/ users and investors to acquire sought-after industrial real estate. Its central location close to vital highways and other major businesses and amenities make this an excellent opportunity to acquire a valuable industrial property in the growing Burnaby area. Construction is expected to start Q1 2023 and the project will be delivered in two phases, with phase 1 (Buildings 3 & 4) delivered in Q2 2024 and phase 2 (Buildings 1 & 2) delivered in Q2 2025.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 20,430 SF | Floors | 1 |
| Property Type | Industrial | Typical Floor Size | 20,430 SF |
| Property Subtype | Service | Year Built | 2026 |
| Building Class | B | Parking Ratio | 0.93/1,000 SF |
| Total Building Size | 20,430 SF |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 20,430 SF |
| Year Built | 2026 |
| Parking Ratio | 0.93/1,000 SF |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Some public transit
40/100
Exceptionally bikeable
90/100
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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7413 Lowland Dr - Building 2
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