13747 104th Ave - Freestanding FOR SALE


Surrey, BC V3T 1W6
$15,000,000 CAD
604-675-5257
13747 104th Ave, Surrey, BC for Sale
$15,000,000 CAD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

13747 104th Ave
Surrey, BC V3T 1W6


HIGHLIGHTS

  • Owner-Occupier Opportunity: The Subject Property is vacant, allowing immediate access for medical professionals, restaurant users and community
  • Flexible C-35 (Downtown Commercial Zone) Zoning Allows for a wide range of permitted uses including a variety of retail and child care centres
  • Prominent Growth Market The Subject Property enjoys proximity to essential daily-needs retail services and major upcoming development projects

OVERVIEW

The Subject Property represents a rare opportunity to acquire a centrally located and high-profile freestanding single-level commercial building, with underlying development potential. The Subject Property is positioned within the rapidly evolving Surrey City Centre and in close proximity to the Surrey Central Station (10-minute walk); it is comprised of a 7,225 SF retail building on a 31,950 SF corner lot. The Subject Property is well suited for a variety of users with modern, renovated improvements and multiple convenient access points from both 104 Ave and Whalley Blvd. The in-place zoning supports a wide range of high in-demand uses including medical services, restaurants, day care centres, religious, and cultural activities. Situated in a high-growth node, within 1 KM, the area has experienced population growth of 12.2% (2022-2027), and the population is expected to grow by an additional 15% by 2030. This growth will be supported by three upcoming master plan communities, three active construction sites, and eleven projects in the pre-construction stage. Positioned just north of King George Boulevard and 104 Avenue, a major thoroughfare with access to over 34,550 vehicles per day, the Subject Property is an attractive opportunity for owner-occupiers, developers, and investors.

FOR SALE DETAILS

PRICE

$15,000,000 CAD

PRICE/SF

$2,076 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,950 SF

ZONING

C-35

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew GormleyMarcus & MillichapMore Info
604-675-5257

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Andrew GormleyMarcus & MillichapMore Info
604-675-5257

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.