Industrial

Main Photo: 7500 LOWLAND Drive in Burnaby: Big Bend Industrial for sale (Burnaby South)  : MLS®# C8020749
Prop. Type:
Industrial
MLS® Num:
C8020749
Status:
Active
Build. Type:
Freestanding
For Investors only! 4% Net return.! Rare find! Free-standing building in Burnaby South’s Big Band area. This 1999 custom built concrete tilt-up building on 1.05 acres (45,738 sq’ or 126' x 362') lot has a 21,574 sq.ft concrete tilt-up building. (7,140 sq.ft. superbly finished air-conditioned offices on two floors at front, 14,434 sq.ft. warehouse with 24' ceiling, 3 dock loading doors with levelers, 1 grade level loading door & 30 surface parking stalls.) Easy access from North Fraser Way and Boundary Road. Long time owner will leaseback the property at an annual net return of 4% of the purchase price for a lease term of five to ten years.
Sale Type:
Asset
Property Type:
Industrial
Construction:
Concrete
Building Type:
Freestanding
# Storeys:
2.0
Year built:
1999 (Age: 19)
Total Floor Area:
21,574 sq. ft.
Office Size:
7,140 sq. ft.
Wrhse Size:
14,434 sq. ft.
Land Use/Zoning:
CD
Taxes:
$65,689.08 / 2018
# Docks:
3
# Grade Doors:
2
# Loading Doors:
5
Ceiling Height:
24'
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 7500 LOWLAND Drive in Burnaby: Big Bend Industrial for sale (Burnaby South)  : MLS®# C8020749
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  • Photo 2: 7500 LOWLAND Drive in Burnaby: Big Bend Industrial for sale (Burnaby South)  : MLS®# C8020749
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  • Photo 3: 7500 LOWLAND Drive in Burnaby: Big Bend Industrial for sale (Burnaby South)  : MLS®# C8020749
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  • Photo 4: 7500 LOWLAND Drive in Burnaby: Big Bend Industrial for sale (Burnaby South)  : MLS®# C8020749
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Listed by RE/MAX Westcoast
Listing information last updated on October 10, 2018 at 12:05 AM (UTC)
CHARLES ZHOU PERSONAL REAL ESTATE CORPORATION