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Investment Highlights
- Located within one of the Lower Mainland’s busiest retail corridors, surrounded by national brands and established big-box retailers.
- Immediate access to Lougheed Highway and major routes connecting Port Coquitlam to Metro Vancouver markets.
- In-place income with NOI of approximately $1 million enhances investment security.
- Includes 4.2 acres of serviced, shovel-ready land with a historical development permit in place for future growth.
- Strong existing tenant lineup includes H-Mart, Value Village, and BC Cannabis Store.
- Positioned in one of the fastest growing neighborhoods in the Tri-Cities, supported by significant new residential development.
Executive Summary
The Property consists of one legal lot of which the back portion is fully serviced and unimproved representing a premier shovel ready development opportunity. The front portion of the Property is improved with a 53,096 square foot multi-tenant retail building currently leased to BC Cannabis, Value Village and H-Mart representing a diversified tenant roster with underlying land potential. The total property comprises 7.013 acres with the back portion totaling 4.2 acres. The rectangular shaped lot boasts ample on-site parking with easy access via easements through the neighbouring Home Depot property’s parking lot. The rear portion will facilitate further auto-oriented commercial development that will add to the existing character of the area and benefit from an established and rapidly growing residential base. Please bring your offers. Motivated Seller.
Property Facts
| Sale Type | Investment or Owner User | Individually For Sale | 2 |
| Status | Active | Total Building Size | 53,096 SF |
| Number of Properties | 2 | Total Land Area | 11.40 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 53,096 SF |
| Total Land Area | 11.40 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
up to 70,000 SF, build-to-suit
970 Dominion Av, Port Coquitlam, BC V3B 8B2 |
Land | 7.20 AC | - | - |
|
Freemont Village PoCo
985 Nicola Ave, Port Coquitlam, BC V3B 8B2 |
Retail | 53,096 SF | 1953 | - |
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970 Dominion & 985 Nicola Avenue
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