7,800 ft²Office / Industrial$5,400,000Sale
7,800 ft²
Office / Industrial
$5,400,000
Sale
Brian Mackenzie
NAI Commercial BC
Download Brochures
FOR SALE | The Airstream Building | Office/Warehouse Opportunity to purchase a single tenant, fully leased office/warehouse building, one block south of Kingsway in the busy Royal Oak business district in Burnaby. Built in 1979, the building is a concrete-block and wood/steel office warehouse with two grade level loading doors with terrific site and street parking. Existing Lease/ Net Operating Income - The existing lease in place is with Airstream Heating and Air Conditioning Inc. at a current rent of $18.70 per SF per annum ($145,860) until December 31st 2025 and $20 per SF per annum ($156,000) until expiry at December 31st, 2028 with no right of renewal.
The Space
Asking Price$5,400,000
Available Space7,800 ft²
Property UseIndustrial / Office / Storage
Taxes$33,658/yr
Frontage110'0"
Power Amps200 A
Clear Height18'0"
Year Renovated2012
Mezzanine Portion1,247 ft²
SourceDirect
Parking
Security System
The Building - The Airstream Building
The site is improved with an approximately 7,800 SF office/ warehouse building constructed in 1979 and renovated in 2012. The building has been constructed on a reinforced concrete foundation using a combination of structural wood and structural steel frame with concrete block walls and corrugated metal panel finishes; windows are double pane in metal casements; ground floor windows have an anti-shatter glass coating. The roof is constructed of open-web steel trusses and corrugated metal roof decking with a new torch on covering. The warehouse has a clear height of 18 feet and is serviced by two drive-in doors, as well as an inground loading dock which services one of the two bay doors. The inground loading dock is currently accessed by parking on the neighbour private property. The office area is serviced by a rooftop HVAC system and the warehouse is heated by two gas-fired space heaters circulated by ceiling fans. The building is serviced by three-phase 200-amp/120-208-volt electrical service on one meter and has a security system with motion detectors. 7224 Curragh Ave is located on the east side of Curragh Avenue, just north of Beresford Street southeast of the intersection of Abroath Street and Curragh Avenue. The property rectangular-shaped with 110 feet of frontage on Curragh Avenue, a depth on the north side of ±109 feet along the side lane, 110 feet on the west side of the lot, adjacent to the rear lane and ±109 feet along the southern property line. The total site area is 11,979 SF.
Property TypeOffice / Industrial
Building Size7,800 ft²
Lot Size11,979 ft²
Up to $500K for British Columbia businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
