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Two East Vancouver industrial buildings sold for $5.87M

The buildings are situated on a high-exposure, 22,538-square-foot lot
east vancouver
 
Two industrial buildings in East Vancouver on a high-exposure corner lot have sold for $5.87 million, Avison Young tells Western Investor. 
 
The two buildings are situated across an 11,538-square-foot lot. The buildings total 12,280 square feet, with lease opportunities coming soon. Avison Young represented the purchaser of the site. 
 
The properties are located at 475 Clark Dr. and 1277 E Pender Ave., Vancouver. 
 

Breakdown: 

 
Price: $5,870,000 
Lot Size: 11,538 SF
Property Type: Industrial 
Zoning: I-2 
2016 B.C. Assessment Value: $4,322,300
City: Vancouver  
Province: B.C. 
Name of Brokerage: Avison Young Commercial Real Estate 
 

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