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High quality improvements in place including a reception area, multiple offices, open work areas, training room, boardroom, storage areas, staff room, server room, and men’s and women’s washrooms; Large south & east facing windows allowing for plenty of natural light throughout the premises; Heat pump HVAC system allowing for multiple control zones throughout the premises; Less than one block from New Westminster SkyTrain station; 35 secure, gated parking stalls; Triple net lease with approximately 6 years remaining; Minimal management requirements
Opportunity If you or a client is looking for a solid investment property located in Metro Vancouver with minimal management required this offering represents a rare opportunity to own 15,166 square feet of fully improved office space in the low-rise of Westminster Towers, a concrete mixed use building located immediately adjacent to New Westminster SkyTrain Station in the Downtown Core of New Westminster, B.C. Features • Located immediately adjacent to the New Westminster SkyTrain Station in Downtown New Westminster; • Built in 1995 by PCI Corporation and formerly occupied by Coast Capital Savings Credit Union; • Up to 15,166 SF of strata office space available on the 2nd floor fully improved and renovated in 2010 with a reception area, multiple offices, open workstation areas, large boardroom, staff lunchroom, server room, and private washrooms; • Columbia Square Plaza is across the street with neighboring businesses including Safeway, BC Liquor Store, TD, BMO, Shoppers Drug Mart, The Old Spaghetti Factory, The Keg Steakhouse and more; • Leased to Candraft Detailing Inc., a 30+ year old engineering and computer based 3D modelling company specializing in large worldwide civil infrastructure projects; • Triple net lease to 2022 with annual income equal to $242,656.00; • Thirty-five (35) secured building underground parking stalls; • New Westminster (2014 pop. 69,860) 904 people added 1.3% growth over 2013.