Industrial Car Service Property in Burnaby | $3.875M Transaction

Property Overview

Situated in Burnaby’s Royal Oak Industrial Area, this freestanding industrial building offered high visibility along Kingsway, a major arterial route connecting Burnaby, Vancouver, and New Westminster. The property featured C4 zoning, allowing for a variety of industrial and commercial uses. With a 15,214 SF lot size, the site provided excellent future redevelopment potential, making it a prime investment opportunity.

Neighborhood Benefits

The property’s high-exposure location on Kingsway ensured strong accessibility and visibility, making it highly desirable for businesses looking to capitalize on passing traffic. The Royal Oak SkyTrain Station was just minutes away, offering convenient transit access. Nearby commercial hubs, including Metropolis at Metrotown, provided additional economic activity in the area. The site’s strategic position within Burnaby’s industrial corridor further reinforced its long-term investment value.

Client Relationship and Market Strategy

The sellers, Trevor and Catherine Hull, sought to divest their industrial property while addressing environmental challenges that could impact buyer confidence. Understanding the complexities of the sale, Sam and his team took a proactive approach to prepare the property for market. They collaborated with environmental consultants to conduct a thorough assessment and ensure full transparency regarding soil conditions. A comprehensive due diligence package was prepared, including environmental reports, financial documents, and property specifications, allowing potential buyers to evaluate the asset with confidence.

To maximize exposure, the team launched a targeted marketing campaign utilizing direct outreach, paid advertising, and prominent listings on commercial real estate platforms. Through a combination of strategic positioning and effective buyer engagement, multiple inquiries were generated from investors interested in high-exposure industrial properties. Sam and his team carefully qualified potential buyers, ultimately securing a cash purchaser with the financial capability to close the deal quickly. Their expertise in structuring negotiations ensured that the final offer aligned with the seller’s expectations, leading to a seamless and successful transaction.

Market Insights

Industrial properties in Burnaby’s Royal Oak corridor continue to attract significant investor interest due to their central location, flexible zoning, and future redevelopment potential. With low industrial vacancy rates across Metro Vancouver, well-positioned sites like 5788 Kingsway remain in high demand, even in shifting market conditions. Investors seeking high-exposure properties with long-term upside continue to drive competition for assets in this area.

Conclusion

The successful sale of 5788 Kingsway underscores Sam Emam and his team’s ability to navigate complex sales processes, market industrial assets effectively, and secure strong results for their clients. By overcoming environmental challenges and positioning the property for maximum exposure, they ensured a seamless transaction that met the seller’s objectives.

Testimonial