McDonald's property listed for $14.5 million sold

The fast-food restaurant is situated on a 36,200-square-foot lot

for Western Investor
December 23, 2016

The property sits on the border of Vancouver and Burnaby. — Form Retail Advisors Inc.
List Price: $14,500,000
Lot Size: 36,200 SFL
Property Type: Retail
Zoning: I-2
Date of Sale: 09/19/16
City: Vancouver
Province: B.C.
Name of Brokerage: Form Retail Advisors Inc. 
The site of the McDonald’s on the corner of Lougheed Highway and Boundary Road has sold, Form Retail Advisors Inc. reports. 
The 36,200-square-foot property includes the 8,914-square-foot McDonald’s, currently on long-term lease. The I-2 light industrial zoning of the property presented a desirable opportunity to acquire industrial zoned land in a market with diminishing supply. The deal was brokered by Form Retail agents Jonathan Buckley, Joe Genest and David Morris, who did not disclose the sale price. 
The property is located at 3695 Lougheed Hwy in Vancouver. 

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