Sites & Buildings - Retail, For Sale

Opportunity Information

4 - 19040 Lougheed Hwy

4 19040 Lougheed Hwy Pitt Meadows Lower Mainland/Southwest Greater Vancouver Retail $5,000,000 --
 

The Vendor has exclusively retained Sutton Group 1st West Realty and Homelife Benchmark Realty to facilitate the sale of its 100% freehold interest in #4 19040 LOUGHEED HIGHWAY in Pit Meadows, BC (the “Subject Property”). The offering features a single-tenant strata commercial building consisting of 4 Units. The rest of the Shopping Center is occupied by a mix of local tenants along the main... Read More

 
 
 
 
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About 19040 Lougheed Hwy

INVESTMENT HIGHLIGHTS

Total unit area of 7,663 SQ. FT. Comprised of 4 Strata Units within a shopping plaza.

Building has been exceptionally managed and maintained and is undergoing substantial renovations for an upscale prominent pub/restaurant.

Long-term stable Single Tenant Joseph Richard Group (New Lease to be negotiated).

Stable cash flow –RENTAL ESCALATIONS OVER 15 YEARS.

Unlimited parking stalls.

Central to the growing Pit Meadows.

Pitt Meadows is considered the "gateway" to the Fraser Valley and is forty minutes by West Coast Express passenger train service and one hour by car from Vancouver's downtown area and Stanley Park.


7,663 SF
 
 
 
 
 
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Community Profile: Pitt Meadows

Lower Mainland/Southwest
Greater Vancouver

Pitt Meadows is conveniently located only 45 minutes from downtown Vancouver and Vancouver International Airport, 25 minutes from Abbotsford International Airport and within 30 minutes of three US border crossings. We also have the Pitt Meadows Regional Airport and the CP Rail Intermodal Yard located in our community. Whether you’re a budding entrepreneur, already an

Statistics
Total Population 18,573
Median Household Income $86,912 ($CDN)
Closest Commercial Airport Abbotsford International Airport (37km)
Closest Ocean Port Port of Vancouver (36km)
Closest Major Centre Vancouver (36km)
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