8900 202nd Street.indd - Cushman & Wakefield Ltd

VILLAGE SQUARE
8900 202ND STREET
LANGLEY, BC
FOR LEASE
NEW WALNUT GROVE
PROFESSIONAL CENTRE
Artist’s Rendering of Proposed Development
MIKE HARDY
JUSTIN DE GENOVA
COMMERCIAL SALES & LEASING
604.608.5912
michael.hardy@ca.cushwake.com
COMMERCIAL SALES & LEASING
604.640.5869
Justin.DeGenova@ca.cushwake.com
CUSHMAN & WAKEFIELD LTD.
Suite 700 - 700 W Georgia St PO Box 10023, Pacific Centre Vancouver, BC V7Y 1A1 604.683.3111 1.877.788.3111 www.cushmanwakefield.com
8900 202ND STREET, LANGLEY, BC
Village Square – New Walnut Grove Professional Centre
FOR
LEASE
OPPORTUNITY
ZONING
Village Square is a well anchored commercial retail centre located on 202nd Street in the
heart of the Walnut Grove community. The ownership group is proposing to create a
freestanding commercial building on the southwest corner of the existing site with direct
exposure to 202nd Street. The new development will be comprised of 6,297 square feet
of ground floor space and 6,073 square feet of second floor space. Ground floor units can
be made available from 1,379 square feet.
CD-25 (Comprehensive Development Zone): Allowing for a wide variety of commercial
and professional uses.
Ground floor plans also include a drive-thru on the north side of the building which will
be able to accommodate approximately 6 vehicles.
LOCATION
Village Square is located on 202nd Street, directly north of 88th Avenue in the heart of
Walnut Grove. The subject site benefits from the new 202nd Street diversion which
travels south under Highway #1 providing access to the Translink Park & Ride bus loop
and to the rest of the Carvolth development area in North Langley. 202nd Street is a
primary traffic artery on Walnut Grove. Overall, Walnut Grove and the surrounding area
have been amongst the fastest growing areas in the Lower Mainland benefiting from a
multitude of new residential and commercial developments in the past 5-years.
Immediate access to several additional traffic arteries including the Golden Ears Bridge,
the 200th Street Corridor, the #1 Highway and the Port Mann Bridge is possible with only
a short drive.
ASKING LEASE RATES
Ground Floor
Second Floor
Prices from $35.00 per square foot (net)
Prices from $25.00 per square foot (net)
PROPERTY FEATURES
• Excellent location with direct exposure to 202nd Street – access to a multitude of
high profile traffic arteries is possible from the subject property making this a very
accessible and central site.
• Drive-thru capability for ground floor users
• Superb building finishing making this a first class commercial building suitable for high
end professional users
• Multitude of space and size configurations possible – a roof top patio is possible
making the 2nd floor ideal for daycare users
• Excellent demographic data for the surrounding area, Langley has been one of the
fastest growing residential communities in the Lower Mainland making this a prime
site for business expansion
DEMOGRAPHICS
2014
1 KM
3 KM
5 KM
Population
6,541
30,851
69,145
Average Age
40.8
39.6
36.3
Average Household Income
$107,096
$107,396
$108,479
Occupied Dwellings
2,549
11,398
24,157
8900 202ND STREET, LANGLEY, BC
FOR
LEASE
Village Square – New Walnut Grove Professional Centre
SUBJECT
PROPERTY
MIKE HARDY
JUSTIN DE GENOVA
COMMERCIAL SALES & LEASING
604.608.5912
michael.hardy@ca.cushwake.com
COMMERCIAL SALES & LEASING
604.640.5869
Justin.DeGenova@ca.cushwake.com
E.&O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield Ltd. The depiction in the included photographs of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W)
client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. 04/15 bg