Opportunity to acquire a 100% freehold interest in 3140 Gilmore Diversion, Burnaby, BC (the “Property”). The Property is located in the Canada Way Corridor of North Burnaby offering quick access to the Trans-Canada Highway and Gilmore skytrain station.
With prominent exposure to Gilmore Diversion, located just south of the Trans-Canada Highway, the Property is currently improved with a 16,800 sq. ft. industrial building fully leased to EMCO Corporation, lease expiry is September 30th 2028 ( no renewal option)
The City of Burnaby is in support of a rezoning from M1 Manufacturing District to CD Comprehensive Development based on the M5 Light
Industrial District zoning. If increased flexibility in use is desired, M2 General Industrial could also be added.