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
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