Triumph Properties

Specializing in Commercial Real Estate and Retail Expansion in Western Canada

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Exciting Retail Opportunity: 7877 Kingsway

Project Overview

Triumph Properties is looking for 1 or possibly 2 tenants to join A&W and Pizza Pizza in our new retail strip centre we’re developing. The Site is on the busy and highly visible corner of Kingsway and 11th Avenue in the rapidly growing Edmonds Town Centre, Burnaby, BC. This type of retail strip development has become a rarity in Urban areas, so our Site is great opportunity to secure corner CRU with long-term tenancy in a very convenient location with abundant surface level parking. 

Highlights of the Site: 

  • 31,000+ Vehicles per day on Kingsway (2001 traffic count)
  • 25,000+ vehicles per day on 10th Ave
  • Pylon Signage with excellent exposure to Kingsway & 10th Ave
  • The Site provides quick and easy access with an allowable left hand turn off Kingsway and turning lights in all directions at Kingsway & 10th Ave (Hwy 99a & Hwy 1a)
  • 4 surface level parking stalls per 1,000 Sqft of retail space
  • Easy and convenient access and egress to loading, garbage, and recyclables.

Other Developments in the Edmonds Area: 

  • 1 block from the Site - Leddingham McAllister's Development “Southgate City” – 60-acre development comprising approximately 8,000 residences in 22 high rises and 36 low rises to be developed over the next 15 years 
  • 7 blocks from the Site -Cressey’s Development “Kings Crossing”- 800 units in 3 residential towers 
  • 3 blocks from the Site - BC Ministry of Education’s Redevelopment “New Westminster High School” will be the largest project ever undertaken by the Ministry of Education
  • 3 blocks from the Site – 2 new NHL sized Ice Rinks 
  • Demographically comparing Edmonds Town Centre to Metro Town Centre, both markets are very similar (see attachment page 8); however, Edmonds has very limited competition plus a significantly better upside because of “Southgate City” 
  • Traffic will increase substantially over the next 10-15 years with over 1 Billion in construction projects in Edmonds Town Centre 

Traffic Generators:

  • The thousand of employees, suppliers, contractors and residents associated with these developments above 
  • The students, athletes and faculty from the many schools and their sports fields within a 5-minute drive 
  • Exposure to the 31,000 vehicles per day (2001 traffic count) on Kingsway
  • Exposure to the thousands of vehicles per day on 10th Ave
  • Edmonds Community Centre 

 

Triumph is willing to demise the end cap CRU into 2 units, see below 2 possible demising scenarios: 

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