Sites & Buildings - Multifamily, For Lease

Opportunity Information

#101 - 5844 Glover Road

#101 5844 Glover Rd City of Langley Lower Mainland/Southwest Greater Vancouver Multifamily --

Exposure - Parking - Signage - perfect combination for your business. Last remaining unit in prime location, perfect for any business that wants a lot of surface parking...produce store, coffee bar, exercise gym and more! Close proximity to many businesses including the Luxury Auto Mall which all bring a lot of daytime customers. Walking distance to Kwantlen College, next to Magnolia Garden... Read More

$3,200.00/SF -- -- --
direct Immediately -- --
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About 5844 Glover Road

OWNER-USER or INVESTOR OPPORTUNITY! High profile corner property near the Luxury Auto Mall and Kwantlan University. Next to Magnolia Gardens and 'The Meadows' a 40 acre residential development, this prime location is walking distance to the proposed LRT station. Ideal opportunity for an owner-user to occupy the last retail space, and ideal location for investors with excellent repositioning opportunties to the OCP. Newly renovated residential units are fully rented on one year leases to all new tenants. Large 20,681 sf site, 12,800 sf building is zoned C1-Dowtown Commercial with future OCP redevelopment to Mid-Density 4 story with 1.60 FSR. Great holding property for investor, or owner-user with own business. $186,548 is projected NOI and includes a management fee. Information available upon request.

12,800 SF C-1
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Community Profile: City of Langley

Lower Mainland/Southwest
Greater Vancouver

Langley City is part of Metro Vancouver and has earned the notable title of a Regional City Centre for its density of commercial, industrial, and residential growth and activity. Distinct from the Township, the markedly more urban Langley City is a hub for growth in the South Fraser region, with a planned Light Rail Transit (LRT) connecting to Downtown Vancouver.

Total Population 25,888
Median Household Income $59,452 ($CDN)
Closest Commercial Airport Abbotsford International Airport (25km)
Closest Ocean Port Port of Vancouver (44km)
Closest Major Centre Vancouver (41km)
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