Sites & Buildings - Multifamily, For Lease

#1 - 5844 Glover Road

#1 5844 Glover Rd City of Langley Lower Mainland/Southwest Greater Vancouver Multifamily -- 1,700 SF

Rare opportunity to lease prime retail space with extra wide frontage and signage, for maximum exposure and visibility. Located at a 4 way intersection , this retail space has surface parking for 14 cars with additional parking along the road for customers. This ideal location is surrounded by residents and businesses and is steps to Kwantlen Uiversity, Luxury Auto Row (and the Langley By Pass), and only 2 blocks from the proposed LRT station. It's central location serves langley City, Willowbrook area, and is only minutes from Highway #1 by Glover Road north. The space includes 2 full and seperate washrooms, storage area, oversized windows for maximum natural light, dual exits, surface parking and optional pylon signage. The space is ideal for anyone wnating extra wide space for exposure and signange. The building is also for sale, providing a unique opportunity for an owner user to have thier business on the main floor while receivng commercial and residential income to pay the mortgage.

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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

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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 (26km)
Closest Ocean Port Port Metro Vancouver (44km)
Closest Major Centre Vancouver (41km)
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