www.cbre.ca

ENQUIRIES

FOR SALE7500 LOWLAND DRIVEBURNABY, BC

Located two blocks east of Byrne Road on Lowland Drive in Riverfront Business Park.

21,574 sq. ft. high quality tilt-up construction office/warehouse facility on 1.05 acres.

RARE FREE-STANDING WAREHOUSE FACILITY

HIGH QUALITY TILT-UP CONSTRUCTION BUILT BY THE BEEDIE GROUP

Bruce HyndsIndustrial Properties

604 662 5119bruce.hynds@cbre.com

EXECUTIVE SUMMARY

7500 LOWLAND DRIVEBURNABY, BRITISH COLUMBIA

LEGAL DESCRIPTIONLot 1, District Lot 166A, Group 1, New Westminster District Plan LMP 40692PID 024-377-210

ASKING PRICE$9,000,000

LEASEBACKThe Owner will entertain proposals to leaseback the property for a lease term of between one to five years.

ZONINGComprehensive District under the M2 and M5 guidelines.

DESCRIPTION OF IMPROVEMENTSThe subject property is improved with a high quality tilt-up concrete office/warehouse facility built by The Beedie Group in 1999.

FEATURES> 21,574 sq. ft. single tenant facility comprised of: • 7,140 sq. ft. highly finished, air-conditioned

office space on two floors • 14,434 sq. ft. high quality tilt-up concrete

warehouse

> 24’ clear ceiling height in warehouse

> 3 dock doors with levellers and one grade level door

> 30 surface parking stalls

> Professionally landscaped

> Total site size is 1.05 acres with 126 feet of frontage on Lowland Drive and 362 feet of depth

LOCATION

The Big Bend area of South Burnaby is a comprehensive planned estate consisting of approximately 2,000 acres of mixed uses, of which industrial applications are predominant. Other land uses include agricultural, recreational, and commercial applications. This area has given Burnaby an important strategic advantage for meeting its goal of providing a diverse range of development opportunities within this designated mixed-use area. According to the City of Burnaby, the Big Bend area is one of the most important business growth areas in the City and currently employs 10,000 people and is projected to increase to 30,000 by 2021.

Specifically, 7500 Lowland Drive is located in the Riverfront Business Park, a 67 acre industrial park comprised of a mix of office and light industrial users including Alpha Technologies, Grand and Toy, Stylus Furniture, Old Dutch Foods, and Columbia Manufacturing.

SOUTH BURNABY’SFRASER FORESHORE PARK

Located one block south of 7500 Lowland Drive is Fraser Foreshore Park located on Burnaby’s south shore overlooking the North Arm of the Fraser River.

MARINE WAY MARKET

Marine Way Market is Greater Vancouver’s largest new food, drug and automotive anchored shopping centre situated at the southeast corner of Byrne Road and Marine Way. Featuring 275,000 square feet of retail space, Marine Way Market is anchored by Save-On-Foods, London Drugs and Canadian Tire.

BIG BEND CROSSING

Big Bend Crossing is a 330,000 square foot power centre situated on 26 acres on the north side of Marine with approximately 1,600 feet of frontage along Marine Way. The centre’s major tenants include Winners/HomeSense, Michaels, Staples and Pet Smart.

METROTOWN

The Metrotown Shopping Centre is BC’s largest retail centre comprised of 500 retail shops and services, 22 cinemas and the Metropolis Entertainment centre. Also included in this complex is the new Chrystal Mall and Hilton Hotel and Holiday Inn. Metrotown Shopping Centre is anchored by Sears, Zellers, Real Canadian Superstore, The Bay, Winners, HomeSense and Silvercity.

NEARBY AMENITIES

ACCESS

> The subject property enjoys excellent access from North Fraser Way and Boundary Road dividing Burnaby and Vancouver. From this location via Marine Way or Boundary Road the following areas are easily acessed.

BURNABY FRASER FORESHORE PARK MARINE WAY MARKET

BIG BEND CROSSING METROTOWN CENTRE

DRIVE TIMES

US BORDER

30MIN

USAVANCOUVER

INT’L AIRPORT

15MIN

TRANS CANADA HIGHWAY

15MIN

1METROTOWN

CENTRE

5MIN

TSAWWASSENFERRY

20MIN

DOWNTOWNVANCOUVER

30MIN

FOR SALE7500 LOWLAND DRIVEBURNABY, BC

ENQUIRIES

Bruce HyndsIndustrial Properties604 662 5119bruce.hynds@cbre.com

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WAREHOUSE AREA

NEWWESTMINSTER

BURNABY

RICHMOND

VANCOUVER

MARINE WAYN FRASER WAY

RIVERWAY GOLF COURSEMARINEWAY MARKET

DEER LAKE PARKPATTERSONMETROTOWN

ROYAL OAK

EDMONDS

22ND ST