King Edward Centre

FOR LEASE
FOR LEASE
15 KING EDWARD STREET
COQUITLAM,BC
28,000 SF ANCHOR OPPORTUNITY
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SUBJECT SITE
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FRASER MILLS APPROX. 3,700 UNITS
UPON COMPLETION
DERICK FLUKER*
604 638 2125
dfluker@formretail.ca
FORM RETAIL ADVISORS
*Personal Real Estate Corporation
JACK ALLPRESS*
604 638 1975
jallpress@formretail.ca
FOR LEASE
15 KING EDWARD STREET
COQUITLAM,BC
King Edward Street
THE OPPORTUNITY
The Subject Site is located on a prominent corner bordered by the Trans
Canada Highway, King Edward Street, and United Boulevard, and has exposure
to a combined 162,000 vehicles per day. The site is well positioned to service
the entire Metro Vancouver market in an area that is anchored by several big
box retailers including Ikea, Real Canadian Superstore, Bed Bath & Beyond,
and Home Outfitters. Over 590,000 people reside within a 15 minute drive
and the site’s proximity to significant residential development (including The
Village at Fraser Mills) will boost the residential and commercial activity in the
immediate vicinity.
CAC TUS CLU B CAFE
Loug
h
eed
High
way
LOCATION
Conveniently located in South Coquitlam in the heart of the Lougheed Hwy/
United Blvd. commercial corridor and centrally located to service all of Metro
Vancouver.
vard
RAPIDLY EVOLVING COMMUNITY
Recent changes to the City of Coquitlam OCP will lead to significant population
growth in the immediate area. The property is well positioned to service the
expanding market of Coquitlam with population growth of 10.9% from 20082013 within a 5 km radius and further projected growth of 12.3% by 2018.
IMPROVED TRANSPORTATION NETWORK
Significant improvements to the area’s transportation network, most notably
the new King Edward overpass and Port Mann bridge, greatly enhance the
site’s accessibility and trade area.
CIVIC ADDRESS
15 King Edward Street, Coquitlam, BC
TRAFFIC COUNTS
Trans Canada Highway: 130,756 VPD
King Edward Street: 21,101 VPD
United Boulevard: 10,826 VPD
FORM RETAIL ADVISORS
United Boule
SUBJECT SITE
ACCESS
All directional via United Boulevard
LOADING
1 dock level loading bay
PARKING
Approx. 350 surface stalls
PROPERTY TAXES (2016 ESTIMATE)
$3.43 PSF
COMMON AREA & MAINTENANCE
(2016 ESTIMATE)
Retail: $3.56 PSF
Office: $7.11 PSF
ASKING RATES
Please contact listing agent.
FOR LEASE
15 KING EDWARD STREET
COQUITLAM,BC
SITE PLAN
Trans C
an
ada Hig
hway
UNIT
SIZE (SF)
STATUS
A
Retail: 27,939 SF
Mezzanine: 1,500 SF*
April 1st, 2016
101
1,812 SF
Immediately
15 KING EDWARD STR
EE T
* Potential to expand mezzanine space to 50% of the floor area
Unit 101
1,812 SF
West Coast
Furniture
Liquidators
3,600 SF
1,812 SF A VAILABL E
3,571 SF
Trans Cana
da Highway
9,603 SF
18,586 SF
UNIT 101
15 KING EDWARD STR
Unit A
Unit B
Unit C *
Unit D
Total
27,939 SF
11,475 SF A VAILABL E
4,443 SF A VAILABL E
UNIT A
19,204
SF
63,061 SF
West Coast
Furniture Liquidators
SITE SIZE
6.545 Acres
CENTRE SIZE
81,647 SF
FORM RETAIL ADVISORS
EE T
King Edward Street
Unit A
27,929 SF
Unit 100
Unit 101
Unit 102
Unit 200
Total
United Boulevard
LEASE
FORFOR
LEASE
15 KING EDWARD STREET
COQUITLAM,BC
15 KING EDWARD STREET
Location Summary Report
COQUITLAM,
BC
Study Area
Coquitlam (CY), BC
N ove m be r 10, 2015
Household Income
15 Minute Drive
Primary Trade Area
Study Area
$94,206
$74,828
Average HH Income
Median HH Income
Province
Households by Income
> $250K
$ 200/250K
$ 175-200K
$ 150-175K
$ 125-150K
$ 100-125K
$ 90-100K
Population & Household Summary
Age Cohorts
Total Population
Population Growth 2010-2015
Population Growth 2015-2020
138,305
8.3%
8.7%
Population Projections
2010 Population
2015 Population
2020 Population
2025 Population
127,739
138,305
150,307
162,307
30,397
89,401
18,507
40.2
22.0%
64.6%
13.4%
Age Distribution
85+
80-84
Total Households
Household Growth 2010-2015
Household Growth 2015-2020
% of Households with Children
% of Households - Married w/ Kids
% of Households - Single Parent
50,187
9.3%
12.2%
46.8%
36.5%
10.3%
75-79
Total Number of Children at Home
42,361
50-54
$ 80-90K
$ 70-80K
Population: 19 yrs and under
Population: 20-64 yrs
Population: Over 65 yrs
Median Age
70-74
65-69
60-64
55-59
45-49
Marital Status - Population 15 Years+
Single (never married)
33,966
Married/Common-Law
68,435
Widowed
5,216
Divorced
6,326
Separated (legally married)
2,832
$ 60-70K
$ 50-60K
$ 40-50K
$ 30-40K
29.1%
58.6%
4.5%
5.4%
2.4%
$ 20-30K
40-44
35-39
30-34
25-29
20-24
15-19
< $20K
6,000
5,000
4,000
3,000
2,000
1,000
0
10-14
5-9
0-4
0
Workplace
2015 Transportation to Work
Car as driver
Car as passenger
Public transit
Walked
Bicycle
Other Method
2015 ESTIMATES
Primary Trade
Area
Population
Average Household Income
89,997
$85,620
FORM RETAIL ADVISORS INC.
1280-333 SEYMOUR STREET
VANCOUVER, BC V6B 5A6
T 604 638 2121 F 604 638 2122
FORMRETAIL.CA
The information contained herein was obtained from sources
which we deem reliable and while thought to be correct, are
not guaranteed by Form Retail Advisors inc.
FORM RETAIL ADVISORS
15 Min Drive
597,815
$84,629
Coquitlam
138,305
$94,204
Visible Minorities
46,916
3,244
11,055
2,263
305
849
40.7%
2.8%
9.6%
2.0%
0.3%
0.7%
Daytime Population
Total Daytime Population
113,727
Daytime Pop. at Work
45,331
Daytime Pop. at Home
68,396
39.9%
60.1%
Occupations
All occupations
74,449
Management
7,127
Business, Finance & Admin
14,394
Sciences
6,728
Health occupations
4,714
Education, Gov't and Religion
8,161
Art, Culture & Sport
2,592
Sales And Service
17,717
Trades
9,966
Primary Industry
572
Manufacturing
2,478
98.1%
9.4%
19.0%
8.9%
6.2%
10.8%
3.4%
23.3%
13.1%
0.8%
3.3%
Education
No certificate or diploma
High school or equiv
Apprenticeship or trade cert.
College, CEGEP or other
University below bachelor
University degree
11.7%
26.1%
8.6%
16.5%
6.9%
30.1%
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5,000
Population by Visible Minority
Chinese
S. Asian (Inc. East Indian)
Black
Filipino
Latin American
Southeast Asian
Arab
West Asian
Korean
Japanese
Visible minority, n.i.e.
Multiple vis. minorities
0.0%
Chinese
Black
Filipino
21,385
4,959
1,215
4,240
1,724
1,570
820
6,150
7,683
1,347
204
1,582
16.9%
3.9%
1.0%
3.4%
1.4%
1.2%
0.6%
4.9%
6.1%
1.1%
0.2%
1.3%
10.0%
15.0%
20.0%
2015 Private Dwellings by Tenure
Owned
Rented
54.6%
44.8%
13.1%
0.6%
10,817
14,796
9,528
12,943
2,103
21.6%
29.5%
19.0%
25.8%
4.2%
35%
30%
20%
15%
Korean
10%
Japanese
5%
Multiple vis. minorities
74.3%
25.7%
2015 Households by Size of Households
25%
Visible minority, n.i.e.
27,378
22,493
6,562
292
1
2
3
4-5
6+
Southeast Asian
West Asian
37,271
12,916
2015 Private Dwellings by Structure
Houses
Apartments
Detached duplex
Movable dwelling
Latin American
Arab
13,544
30,160
9,943
19,077
7,959
34,664
5.0%
15,000
Home Ownership
Visible Minorities by Percentage
S. Asian (Inc. East Indian)
10,000
0%
1
2
3
4-5
6+
Data Source: 2015 Environics Analytics