Vacant-User
660 Gardena Drive
660 Gardena Drive, Coquitlam, BC V3J 3W4
Listing Price: $1,635,000
Investment Overview
Botanica is a new mixed-use master-planned development in Coquitlam, at the heart of one of Metro Vancouver's fastest-growing transit-oriented corridors. Comprising four buildings and 240 strata lots, including 239 residential homes and one ground-floor commercial retail unit, the development is estimated to complete in Fall 2026. The Subject Property is a 1,113 SF retail strata unit leased to Prado Café Ltd. under a 10-year triple net lease with built-in rental escalations, offering investors a well-located asset with a secure long-term income stream.
660 Gardena Drive
Investment Highlights
- New-build commercial retail unit tenanted by Prado Café Ltd., one of Vancouver's most recognized specialty coffee brands.
- Long-term triple net (NNN) lease with scheduled rental escalations, underpinned by a strong covenant tenant.
- Building completion estimated Fall 2026.
- Prado Café, an established award-winning specialty coffee brand with multiple locations across Metro Vancouver.
- Situated within the Burquitlam-Lougheed Neighbourhood Plan area, one of Metro Vancouver's fastest-growing corridors, projecting 15,000+ new dwelling units and 28,000+ new residents in the surrounding area.
- The CRU is well-positioned to benefit from strong traffic given its proximity to Burquitlam Station, the surrounding amenities, and the growing residential population in the immediate area.
- Corner unit featuring a dedicated outdoor patio and one street-facing entrance.
- Developed by Qualex-Landmark, a well-established developer recognized for quality construction and design.
Exclusively Listed By
Listing Price: $1,635,000
Investment Highlights
- New-build commercial retail unit tenanted by Prado Café Ltd., one of Vancouver's most recognized specialty coffee brands.
- Long-term triple net (NNN) lease with scheduled rental escalations, underpinned by a strong covenant tenant.
- Building completion estimated Fall 2026.
- Prado Café, an established award-winning specialty coffee brand with multiple locations across Metro Vancouver.
- Situated within the Burquitlam-Lougheed Neighbourhood Plan area, one of Metro Vancouver's fastest-growing corridors, projecting 15,000+ new dwelling units and 28,000+ new residents in the surrounding area.
- The CRU is well-positioned to benefit from strong traffic given its proximity to Burquitlam Station, the surrounding amenities, and the growing residential population in the immediate area.
- Corner unit featuring a dedicated outdoor patio and one street-facing entrance.
- Developed by Qualex-Landmark, a well-established developer recognized for quality construction and design.
Investment Overview
Botanica is a new mixed-use master-planned development in Coquitlam, at the heart of one of Metro Vancouver's fastest-growing transit-oriented corridors. Comprising four buildings and 240 strata lots, including 239 residential homes and one ground-floor commercial retail unit, the development is estimated to complete in Fall 2026. The Subject Property is a 1,113 SF retail strata unit leased to Prado Café Ltd. under a 10-year triple net lease with built-in rental escalations, offering investors a well-located asset with a secure long-term income stream.
Exclusively Listed By
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