3242 Westwood Street

$7,850,000 |   MLS® Number  C8071793

Retail for sale in Central Pt Coquitlam, Port Coquitlam, Port Coquitlam, 3242 Westwood Street, 224976862 | Realtylink.org

Retail for sale

Year Built
2002
Floor Area
17,677 sqft
Lot Size
27,272 sqft
Gross Property Tax
$53,431 /year
Building Type
Commercial Mix, Office Building, Strip Mall
Building / Complex Name
Westwood Square
# of Elevators
1
Zoning
CC
# of Parking Spaces
40
Subject Property Width
200 ft
Subject Property Depth
136 ft
Amenities
Air Conditioning, Alarm System, Elevator Passenger, Secured Building, Visitor Parking, Washrooms Female/Male

Westwood Square is a high-exposure retail and office property located on Westwood Street in Port Coquitlam, just 800 metres from Coquitlam Central Station. The building features 17,677 SF of leasable area in a professionally managed 2-storey building built in 2002 with elevator access to the 2nd floor. Solid existing tenant mix including: restaurants, childcare and medical office. Located on a sizeable 27,272 SF site with an ample 40 parking stalls. Opportunity to lease or occupy 3,550 SF of space on 2nd floor with it's own ground level access, ideally suited to a number of medical or office uses. Overall strong upside with a stabilized cap rate over 5.10% with contractual rent growth and under-market rents. Future redevelopment potential with high density projects envisioned in the area. A great opportunity for users and investors alike.