FOR SALE

Fully Leased Investment Property

7645 KINGSWAY, BURNABY,BC

First Class office building,

Secure 21 Underground Parking Spaces

Additional 9 Private Outside Parking Spaces

Long Term BC Government Tenant

Well Maintained Building

Location

North-West Corner of Ethel Avenue and Kingsway midway between Edmonds Street and 10th Avenue.

This strategic Burnaby South location provides convenient and quick access to Vancouver, the Vancouver International Airport in an area that is going through redevelopment activity. The Kingsway arterial corridor

Site Description

This mostly rectangular 16,777 sq. ft. site benefits from its quieter location with parking for 30 vehicles.

Zoning

C4 - Office Building

Legal Description

PL 84330 DL 29 LD 37 Parcel 1, 4490-7383

PID 015-714-934

Building Description

Built to suit for british columbia Buildings Corporation in 1990

First Floor 6,306 sq. ft. leasable

Second Floor 4,918sq’ leasable

2 Main entrances

Elevators and Air Conditioned throughout

Leasing Information

Leased since 1990 by British Columbia Buildings Corporation

Tenant is Ministry of Children & Family Services

Current Lease expires August 31, 2010 with a 5 Year Lease Renewal Option

Monthly Lease is $20,530.57 (Gross Lease)

for more information contact Alexandra at (778)885-5513, Macdonald Realty Ltd. website: homesweethomebc.com