Industrial Investment Opportunity in Burnaby’s Royal Oak Area | $1.8M Transaction

Property Overview

Situated south of Kingsway along Russell Avenue, this industrial property is located in Burnaby’s Royal Oak Industrial Area, one of the city’s most accessible and well-connected business hubs. The site benefits from proximity to the Royal Oak SkyTrain Station, offering excellent transit options for employees and businesses. Additionally, its M4 zoning allows for a variety of industrial uses, making it a highly flexible investment. With holding income from a long-term tenant, the property presented an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation.

Neighborhood Benefits

Burnaby’s Royal Oak Industrial Area is a key business hub offering convenient access to major transportation routes. The property’s location, just south of Kingsway, allowed for seamless connectivity to Vancouver, New Westminster, and Surrey. With the Royal Oak SkyTrain Station within walking distance, employees and businesses benefited from strong transit accessibility. The surrounding area features a mix of industrial, commercial, and residential developments, further supporting long-term growth and investment potential.

Client Relationship and Market Strategy

The seller, Indra Thind, sought to divest this industrial property while ensuring a smooth and timely transaction. Understanding the seller’s objectives, Sam and his team developed a tailored strategy that included a detailed valuation analysis, an extensive marketing campaign, and direct outreach to qualified buyers. By highlighting the property’s strategic location, zoning flexibility, and income potential, they were able to position it effectively in the market.

Market Insights

The Royal Oak Industrial Area continues to be a highly desirable location for industrial investors, given its proximity to key business districts and major transit corridors. With industrial vacancy rates remaining low in Metro Vancouver, properties in well-connected areas like Royal Oak have maintained strong demand. The combination of stable rental income and redevelopment potential made 7016 Russell Avenue a compelling investment, aligning with broader market trends favoring centrally located industrial assets.

Conclusion

The sale of this industrial property reflects the effectiveness of Sam Emam and his team’s strategic marketing and negotiation expertise. Their ability to secure a strong offer in a shifting market underscores their deep knowledge of the industrial real estate sector in Burnaby. Through targeted outreach, detailed property positioning, and seamless execution, they ensured a successful transaction that met the client’s expectations.

Testimonial