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3242 Westwood St

17,677 SF 80% Leased Retail Building Port Coquitlam, BC V3C 3L8 $6,913,727 USD ($391 USD/SF) 4.17% Cap Rate

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Investment Highlights

Excellent tenant mix with below market rents: Immediate opportunity to increase income
Amenity Rich: Located near multiple retail centres, including Coquitlam Centre, a key shopping and community hub

Transit Oriented Location: ~820 m. from Coquitlam Central Station along the Evergreen Line providing connections throughout Metro Vancouver

Executive Summary

Located near Lougheed Highway and Westwood Street in Port Coquitlam, this building offers a high-traffic location on the “going home” side of Westwood Street, featuring high-visibility signage and abundant surface parking with 40 stalls. Built in 2002 with high-quality concrete construction, it has been meticulously maintained and upgraded over the years.

westwood brochure

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

17,677 SF

Building Class

Year Built

2002

Price

$6,913,727 USD

Price Per SF

$391 USD

Cap Rate

4.17%

NOI

$288,493 USD

Percent Leased

80%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.79

Lot Size

0.51 AC

Zoning

CC - community commercial

Parking

40 Spaces (2.26 Spaces per 1,000 SF Leased)

Frontage

30 FT on Westwood Street

Space Availability

205
3,550 SF
Office
-
Now

3,550 sqft improved office space invalided an open floor plan with 2 private offices, concrete floors, shared and private entrance, and 180 degrees of windows for natural lighting.