Industrial Building with Excess Yard; Leased to National Equipment Rentals Tenant. OCP Designates Property as City Centre Core.
Colliers is pleased to present an opportunity to acquire a highly sought after industrial investment property, leased to Cooper Equipment Rentals; a national equipment rental company with 55 locations across Canada. The property includes secured, fenced, yard space. Abbotsford’s Official Community Plan (OCP) designates the subject property as City Centre Core, permitting the development of both a multi-unit residential and commercial building, with a base density up to 2.5 FSR (and up to an additional 2.5 FSR may be permitted, subject to a density bonus program). The property is located in downtown Abbotsford; between South Fraser Way & George Ferguson Way, and one block from Sevenoaks Shopping Centre and convenient transit options.