20528 Lougheed Hwy - Auto Repair FOR SALE


Maple Ridge, BC V2X 2P8
$11,750,000 CAD
604-647-1331
20528 Lougheed Hwy, Maple Ridge, BC for Sale
$11,750,000 CAD
Auto Repair - FOR SALE
1/4
null | Request Cap Rate

20528 Lougheed Hwy
Maple Ridge, BC V2X 2P8


OVERVIEW

Avison Young is pleased to present the opportunity to acquire a fully leased medical service-oriented strip center with prominent exposure along Lougheed Highway. The subject property is well-maintained and consists of 13,817 net rentable square footage. The site is currently zoned C-2 & CD-1-92 and is designated as Flexible Employment in the Lougheed Transit Corridor Plan. This is a great opportunity for rental income appreciation with rezoning and long-term redevelopment potential.

FOR SALE DETAILS

PRICE

$11,750,000 CAD

PRICE/SF

$850 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,293 SF

ZONING

-

APN/PARCEL ID

009-253-858

ASK ABOUT THIS PROPERTY

Gord RobsonAvison Young Commercial Real EstateMore Info
604-647-1331

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Gord RobsonAvison Young Commercial Real EstateMore Info
604-647-1331

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