3014 Westwood Street

Investment Overview

Avison Young is pleased to present 3014 Westwood Street in Port Coquitlam, B.C. An exceptional opportunity to acquire an extremely well maintained and operated service industrial facility, that has been 100% tenanted by Craftsman Collision for over 20 years, who just committed to a brand new 10-year term until 2036 ,with rental escalations in place

The property features unrivaled street exposure, an irregular corner lot, with long term redevelopment upside.

Investment Highlights

• 20 year tenancy with a new 10-Year lease term in place with the privately owned, Craftsman Collision, providing a true ‘hands off’ investment
• Attractive in place income with four (4) rental escalations over the new 10 year term, expiring in 2036
• Solid concrete block construction, functional building design, providing an efficient and functional layout
• Functional drive-through loading capability with five (5) grade loading bays at the rear, and two (2) at the front
• Approximately 180 feet of frontage onto Westwood Street and a 17,377 sf (.040 Acre) site
• Clean Phase I and Phase II Environmental Reports available