TENANTED, TROPHY INDUSTRIAL PROPERTY WITH FURTHER DEVELOPMENT POTENTIAL INDUSTRIAL DEVELOPERS AND INVESTORS

2401 United Boulvard Coquitlam , BC

Coquitlam
FOR SALE Off Market Listing
Property Type:
Industrial
Amount:
$27,000,000
Cap Rate:
0.00%
Last Verified:
Dec 21, 2023

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A trophy industrial property in Greater Vancouver. Fully tenanted and income generating, this is an outstanding industrial investment property. Located just west of the Port Mann Bridge in Coquitlam’s Pacific Reach Industrial Park. Property is +/-2.76 acres with a +/-30,257 SF commercial building. Potential to add density through development of the excess yard space of +/-37,500 SF.

Map of 2401 United Boulvard , Coquitlam , BC, CA

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.