OFFICE BUILDING OFFERINGS FOR LEASE

Transcription

1 OFFICE BUILDING OFFERINGS FOR LEASE Sumir Chauhan Business Brokerage & Investment Advisory P.Eng.., MBA O ext 712 F C TF E sumir@kleingroup.com Raman Bayanzadeh Commercial Real Estate Investment & Leasing CCIM, Bsc. Industrial Eng., DIPBM O ext 707 F C TF E raman@kleingroup.com

2 PROPERTY CHARACTERISTICS Location th St Delta, BC Building Type Low Rise Professional Office Construction Concrete Amenities HVAC System, Secured Building, Secured Parking, Storefront Site Influence High Traffic Area, Retail & Office Exposure Parking Designated Paid Parking plus ample visitor parking Zoning S-3 Tenant Mix Pharmacy, variety of Dental, Medical. and Professional Office Tenants LEGAL SPECIFICATIONS PID Legal Description LT 316 SEC 25 TWP 4 NWD PL OVERVIEW Professional Office Building, strategically located at the intersection of 80th and SCOTT RD- surrounded by other high profile professional organizations. Scott Road is a major four-lane thoroughfare running north/south and forms the boundary separating Delta from Surrey. Just to the north of the Centre, 88th Avenue, an east-west thoroughfare, connects Surrey to Delta, Richmond and New Westminster through the Alex Fraser Bridge. Variety of Offcei spaces available, ideally suitable for a range of professional office uses i.e. lawyers, accountants, consultants, medical and dental practitioners etc. The Complex comprises of 3 stories of professional, medical & dental offices with an existing pharmacy on the main floor. The building features 2 elevators, common area washrooms per floor, air conditioning, and existing Unit improvements. Ample on site Parking for visitors subject to Impark parking rates, with Reserved Parking for Tenants subject to monthly parking rent estimated at $20.00 per month + 21% (est) Transit Levy.

3 LEASING OPPORTUNITIES UNIT GROSS AREA NET AREA BASE RENT $ $ ,286 1,061 $ ,468 1,211 $ ,246 1,853 $ $14 LEASING TERMS Base Rent Additional Rent Rental Term Renewal Offerred Parking $13 - $19/SF per Annum ~$14.78/SF per Annum (Estimated) 3-5 Years - Net Escalating Yes $20/Mth per stall +21% Transit Levy ZONING SUMMARY S3 Zoning Bylaw Permitted Uses: Medical clinics: Offices of Doctors, Dentists, Chiropractors and other medical professionals Offices of Professionals: Includes Accountants, Lawyers, Architects, and Engineers. Excludes a Pharmacy, Methadone Clinic or Methadone Dispensary. (unless with special approval). Subject to Tenants verification of zoning, municipal and use bylaws through the Corporation of Delta and other relavant municipal, government and other authorotes.

4 DEMOGRAPHIC SUMMARY Within 3 Minutes Within 5 Minutes Within 10 Minutes Area Population 25,519 60, ,524 Ave. Household Income $87,728 $93,352 $98,168 Ave. Household Expenditure $878,538,607 $2,182,617,496 $7,121,115,420 Average Spent $111, $118, $123, Median Age

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6 INTERIOR PHOTOS