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LOMA 901 Lougheed Hwy

2,360 SF of 4-Star Retail Space Available in Coquitlam, BC V3K 3T3

Highlights

  • Prominent location on the corner of Lougheed Highway and Blue Mountain Road
  • New adequate power for any business. Units will be equipped with up to 400 amp 3 phase electrical service.
  • Designed by Wilson Chang Architect
  • 23 designated commercial parking stalls
  • 3 km from Royal Columbian Hospital, Hard Rock Casino and The Vancouver Golf Club
  • Anticipated occupancy October 2023

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 1
  • 2,360 SF
  • Negotiable
  • $38.10 USD/SF/YR $3.17 USD/SF/MO $89,906 USD/YR $7,492 USD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 1 2,360 SF Negotiable $38.10 USD/SF/YR $3.17 USD/SF/MO $89,906 USD/YR $7,492 USD/MO Triple Net (NNN)

1st Floor, Ste 1

Size
2,360 SF
Term
Negotiable
Rental Rate
$38.10 USD/SF/YR $3.17 USD/SF/MO $89,906 USD/YR $7,492 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 901 Lougheed Hwy , Coquitlam, BC V3K 3T3

Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 8,500 SF
Year Built 2023
Parking Ratio 0.71/1,000 SF

About the Property

An exclusive mixed-use development with 180 premium residential unitsn above five retail strata units. The tower’s design concept by Wilson Chang Architect draws inspiration from early French Canadians who established logging businesses in Maillardville. Located at the northwest corner of Blue Mountain Road and Lougheed Highway, this transit central community in Coquitlam is minutes from New Westminster, Surrey, Port Moody, Burnaby, Maple Ridge and Vancouver. Positioned to have the best exposure along Lougheed Highway, these retail units will benefit from the 63,000+ vehicles that travel along it every day.

Walk Score ®
Very Walkable (84)
Transit Score ®
Excellent Transit (71)
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.®

DEMOGRAPHICS

Demographics

1 Km. 1 Km. 3 Km. 3 Km. 5 Km. 5 Km.
1 KM
3 KM
5 KM
2023 Population
8,005
76,619
192,826
2028 Population
9,006
85,409
214,711
2023-2028 Projected Population Growth
12.5%
11.5%
11.4%
Daytime Employees
2,224
30,850
65,987
Total Businesses
208
1,984
5,119
Average Household Income
$101,785
$94,142
$97,591
Median Household Income
$76,602
$67,029
$69,282
Total Consumer Spending
$238.4M
$2.4B
$6.1B
Median Age
40.1
40.8
40.9
2023 Households
2,999
32,047
78,542
Percent College Degree or Above
27%
25%
24%
$ values in CAD

Nearby Major Retailers

T&T Supermarket
TD Canada Trust
TD Bank
Real Canadian Superstore Optical
Browns Socialhouse
JOEY Restaurants
Tim Hortons
Shoppers
Starbucks
CIBC
  • Listing ID: 28690617

  • Date on Market: 9/2/2023

  • Last Updated:

  • Address: 901 Lougheed Hwy, Coquitlam, BC V3K 3T3

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