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5400 Minoru Blvd

40,475 SF 100% Leased Industrial Building Richmond, BC V6X 2A9 For Sale

Investment Highlights

  • Development Potential
  • Allowable Heights up to 35 Meters
  • Highly Desirable Location

Executive Summary

Premier opportunity to acquire a large scale, transit-oriented development site steps from Lansdowne SkyTrain Station. The property is designated in the OCP as Urban Centre T5 and allows for heights up to 35 metres. The plan calls for a new road along the south property line that will run from Minoru Boulevard to No. 3 Road – this will open up the site very well for redevelopment and provide convenient access to No. 3 Road. The eastern boundary of the site is identified in the plan as a pedestrian-oriented retail precinct, and will act to mirror the commercial uses across the street in the Atmosphere project. The City will support an additional 1.0 FAR commercial on the east side of Minoru Blvd, therefore the expectation for achievable density on this site is 2.0 FAR residential plus 1.0 FAR commercial, for a total of 3.0 FAR.

Attachments

Brochure

Property Facts

Sale Type Investment
Sale Conditions Development Sale
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.12 AC
Rentable Building Area 40,475 SF
Number of Floors 1
Year Built 1980
Parking Ratio 0.83/1,000 SF
Level Access Doors 8

Amenities

  • Fenced Lot
  • Signage
  • Yard
  • Air Conditioning

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • -
  • 28,524 SF
  • -
  • -

To create and keep a world-class organization like Hyundai at the forefront, they happily strive to include everyone. Wonderfully talented people make Hyundai what it is today. They continue to attract, recruit and hire, the most talented people in the industry and they come with different backgrounds and beliefs, interests and inspiration. They partner with like-minded suppliers to help them grow. Hyundai is all about connection. Here, individuals widely different and unique come together to offer their insights, challenge convention and unite in a way that keeps them connected and makes them stronger through conversation, compassion and understanding. They are committed to initiatives that support diversity in local communities across the nation.

  • Island City Automotive
  • -
  • 12,224 SF
  • -
  • -
  • -
  • 8,149 SF
  • -
  • -

Our mission is to protect and enhance the quality of life for domestic, farm and wild animals in BC

Tenant Industry SF OCCUPIED RENT/SF Lease End
- 28,524 SF - -
Island City Automotive - 12,224 SF - -
- 8,149 SF - -
Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code IR1 (Industrial Retail)
IR1 (Industrial Retail)
  • Listing ID: 27726713

  • Date on Market: 10/02/2023

  • Last Updated:

  • Address: 5400 Minoru Blvd, Richmond, BC V6X 2A9

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