8585 160th St - Drug Store FOR SALE


Surrey, BC V4N 0Y3
$5,985,000 CAD
604-691-6668
8585 160th St, Surrey, BC for Sale
$5,985,000 CAD
Drug Store - FOR SALE
1/3
null | 2.34% Cap Rate

8585 160th St
Surrey, BC V4N 0Y3


OVERVIEW

To acquire a 100% freehold interest in a fully leased, freestanding multi-tenant commercial/retail property. The building is leased to complementary medical and wellness tenants. The property has long term redevelopment potential based on its Fleetwood Centre designation. Moreover, the property is within 200 metres of the future Fleetwood SkyTrain Station permitting a minimum 5.0 floor space ratio and 20 storey height under the Province of BC's Transit Oriented Areas legislation (Bill 47)

FOR SALE DETAILS

PRICE

$5,985,000 CAD

PRICE/SF

$1,440 CAD /SF

CAP RATE

2.34%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,185 SF

ZONING

CD-16805B

APN/PARCEL ID

016-622-081

ASK ABOUT THIS PROPERTY

Sam NakhlehNAI Commercial VancouverMore Info
604-691-6668

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

Sam NakhlehNAI Commercial VancouverMore Info
604-691-6668

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