Coquitlam Square
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Coquitlam Square
2 Retail Properties Offered at $48,000,000 CAD in Coquitlam, BC
Investment Highlights
- Directly across the street from Coquitlam Centre and close to Lincoln Station on the new Evergreen SkyTrain (LRT) Line.
- Close proximity to Lougheed Highway, Barnett Highway and the Trans-Canada Highway.
- Driven by the development of the Evergreen SkyTrain Line, Coquitlam Town Centre will see many new high density developments in the near future.
- Easy rapid transit connections throughout Metro Vancouver .
- The Town Centre area is poised to become Metro Vancouver’s new high-density commercial hub.
Executive Summary
The subject property, Coqutilam Square comprises of one(1) legal lot, Lot 148. The property is square in shape and has 2 civic addresses 2918 & 2922 Glen Drive Coquitlam. The property is a total of 1.82 acres and is improved with two commercial buildings consisting of 37,500 square feet of leasable area with 28 retail/office tenancies. The property is well-located within the Coquitlam City Centre Area which is the most established and densified area in Coquitlam.
Property Facts
| Price | $48,000,000 CAD | Status | Active |
| Price / SF | $1,358 CAD / SF | Number of Properties | 2 |
| Sale Conditions | Redevelopment Project | Individually For Sale | 0 |
| Cap Rate | 1.77% | Total Building Size | 35,344 SF |
| Sale Type | Investment | Total Land Area | 3.64 AC |
| Price | $48,000,000 CAD |
| Price / SF | $1,358 CAD / SF |
| Sale Conditions | Redevelopment Project |
| Cap Rate | 1.77% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 35,344 SF |
| Total Land Area | 3.64 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2922 Glen Dr, Coquitlam, BC V3B 5R0 | Retail | 20,000 SF | 1979 | - |
|
1
2918 Glen Dr, Coquitlam, BC V3B 2P5 |
Retail | 15,344 SF | 1979 | - |
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Coquitlam Square
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