970 Dominion Avenue & 985 Nicola Avenue
Joint Venture
A Unique Investment Offering Comprised of 7 acres Including 4.2 acres of Serviced Development Land in One of the Most Rapidly Growing Neighbourhoods in the Tri-Cities.
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For Sale, For Lease: Land -
For Sale, For Lease: Land
49.258119, -122.741188
Main Intersection
Dominion Avenue & Hawkins Street
Location
Metro Vancouver, Coquitlam
Address
970 Dominion Avenue
985 Nicola Avenue
Port Coquitlam BC V3B 8G8
Canada
Listing Agents
Broker Flyer
Land Information
Total Size
7 acres
Developable Acreage
4.2 acres*
Land Use Designation
Highway Commercial
Zoning
DC - District Commercial
PID
008-959-756
Property Highlights
- Significant scale in one of the Lower Mainland’s most active communities with a growing residential base and diversified mixed-use amenities.
- Strong in-place income and covenant with BC Cannabis Store, Value Village and H-Mart comprising the tenant profile generating approximately $1 million in NOI.
- An established retail core with synergistic big-box retailers present including Canadian Tire, Home Depot, Walmart, Costco, and Save-On-Foods.
- The offering comprises of 7 acres with 4.2 acres of development ready serviced, and levelled excess land that will facilitate additional commercial density.
- One of the most rapidly growing neighbourhoods in the Tri-Cities with unseen levels of low and midrise wood frame development taking place making this a highly desirable location for young professionals, families, and move-up buyers.
Details
Permit: Historical Development Permit in Place
Subdivision: In Process
Access & Easements: Adjacent with Home Depot
*(up to 70,000 SF, build-to-suit, this portion of the site can be subdivided from the existing retail mall)
Suite Information
Possession
Immediate
Net Rate
Contact Listing Agent
Suite Description
NOI: $1,007,588 (approximately)
Gross Taxes: $321,403 (2022)
Details
Shovel Ready
Developable land is ready for you to build & develop your perfect retail opportunity.
Existing Retail Demand
Located within Dominion Triangle, a thriving retail centre.
Flexible Lease Options
Create flexible lease options for your tenants up to 60,000 SF.
Accepted Offer
Existing accepted offer for 24,000 SF from Willowbrae Academy, contact listing agent for more information.
