About Unit 106

GREAT EXPOSURE Unit 106 Prime Retail storefront consisting of 1,026 SqFt in a high traffic parking in front on the border of Coquitlam and Port Coquitlam. Close to all transportation and Coquitlam Centre. Additional rent $8.80.  Lease incentive: 4 months free rent on a 5 year lease.
  • Est. Monthly Rent: $2,334
  • Size 1,026 SF
  • Type Retail (Strip mall)
  • Gross Rent $27.30/SF
  • Base Rent $18.50/SF
  • Additional Rent $8.80/SF
  • Lease Direct
  • Availability Now
  • Clear Height 10.0 ft
  • Last Updated Mar 01, 2015
  • Verified On Jun 17, 2015
  • Source Royal LePage

About Hidden Hills

RETAIL STRIP MALL (Commercial component of the building)

•	Fully occupied with thirteen strong, quality individual and escalating tenancies.
•	This 14,043 sq. ft. property fronts Westwood Street, Port Coquitlam.  Built in 1991 and rain screened in 2005.  
•	The subject property is the street retail component of a commercial/residential mix. The Commercial component is 100%concrete structure.  
•	Fourteen individual demisable units, all separately metered (hydro) HVAC, hot water, all front & rear secure access. 
•	Thirty four parking stalls along the front of the building and seven at rear (secured).  
•	The subject property is a 4.09% cap rate. 
•	Borders Coquitlam, located 2 blocks from Coquitlam Centre Mall, the new Evergreen Line sky train station and nearby West Coast Express.  
•	Please do not disturb the Tenants. 
•	Call listing agent for additional information.
•	It will be a term for the sale that the Buyer is to assume an existing mortgage on the subject property.  
The following are the terms of the mortgage: 
$1,349,205.70 (principal outstanding as of 10/01/17)
3.14% interest
$10,115.42 P&I monthly payment
5 year term maturing June 1, 2022

CONTACT LISTING AGENT FOR ADDITIONAL INFORMATION

JOHN DI TOSTO  604-961-1847 Cell
  • Dedicated parking
  • Highway access
  • Transit friendly
  • Outdoor signage
  • Property Type Retail
  • Zoning CC
  • Status Existing
  • Building Class A
  • Sale Price $6,500,000
  • Net Operating Income $256,357
  • Total Available Space 14,043 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 14,043 SF
  • Max Contiguous 14,043 SF
  • Building Size 14,043 SF
  • Number Of Floors 1
  • Year Built 1991
  • Managed By Hugh & McKinnonRealty Ltd.
  • Flyer Download
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