About Shaughnessy Station

Shaughnessy Station is located in the city of Port Coquitlam which is 30 kilometres east of Vancouver. Port Coquitlam has a strong middle income residential base, home to 47,000 residents. It also has a thriving industrial base. Shaughnessy Station is ideally located in the heart of Port Coquitlam, at the busy intersections of Lougheed Highway and Shaughnessy Street. The center comprises 120,000 square feet, and was previously anchored by Canadian Tire, Bank of Nova Scotia and is shadow anchored by Safeway Foods.
At the time of the acquisition, the investment offered a good yield as the BC marketplace and economy was weak. However, Terracap anticipated a growing and stronger market and was seeking to geographically diversify its portfolio. Although the centre was fully leased, it had some weak restaurant pad tenants.
Soon after the acquisition, one of the restaurant pad operators failed. TerraCap replaced the tenant with Bank of Nova Scotia with a drive through. In addition the second

5 suites available

1,208 SF
1,347 SF
119,916 SF
1,208 SF
11,173 SF
  • Property Type Retail
  • Status Existing
  • Building Class B
  • Sale Price $59,900
  • Total Available Space 1,057 SF
  • Direct Available Space 15,939 SF
  • Sublet Available Space 0 SF
  • Min Divisible 1,003 SF
  • Max Contiguous 119,916 SF
  • Building Size 1,057 SF
  • Number Of Floors 1
  • Managed By Terracap Management Inc.

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