Retail for sale
3242 Westwood Street, Central Pt Coquitlam, Port Coquitlam
                                            
                                            
                                            $7,850,000
                                            
                                            
                                             
                                        
                                    Features
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
    Description
                                                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.
                                            
                                        MLS® Number C8071793
                                    