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Mixed-Use

22332 Lougheed Highway

22332 Lougheed Hwy., Maple Ridge, BC V2X 2T4

Listing Price: $2,600,000

Cap Rate
4.80%
Gross SF
7,205
Rentable SF
7,205
Price/Gross SF
$360.86
Lot Size
0.10 acres
Year Built
1960

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 22332 Lougheed Highway, Maple Ridge, B.C. (the "Subject Property"). The Subject Property presents a unique opportunity to acquire a fully leased, mixed-use asset in the rapidly evolving and densifying Town Centre area of Maple Ridge. Anchored by the corporate covenant of Money Mart, which has over 500 locations across Canada, the Subject Property offers prospective purchasers a secure income stream with a diverse tenant mix that minimizes risk.

Investment Highlights

  • Fully leased to a diverse tenant mix of restaurant, financial services, bar, and education centre
  • Anchored by the corporate covenant of Money Mart Canada Inc., which has over 500 locations across Canada
  • Designated as Town Centre Commercial under the OCP, the Subject Property possesses significant development potential with building heights under this designation varying from 3 to 25 storeys

Exclusively Listed By

Mixed-Use

22332 Lougheed Highway

Listing Price: $2,600,000

Cap Rate
4.80%
Gross SF
7,205
Rentable SF
7,205
Price/Gross SF
$360.86
Lot Size
0.10 acres
Year Built
1960

Investment Highlights

  • Fully leased to a diverse tenant mix of restaurant, financial services, bar, and education centre
  • Anchored by the corporate covenant of Money Mart Canada Inc., which has over 500 locations across Canada
  • Designated as Town Centre Commercial under the OCP, the Subject Property possesses significant development potential with building heights under this designation varying from 3 to 25 storeys

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 22332 Lougheed Highway, Maple Ridge, B.C. (the "Subject Property"). The Subject Property presents a unique opportunity to acquire a fully leased, mixed-use asset in the rapidly evolving and densifying Town Centre area of Maple Ridge. Anchored by the corporate covenant of Money Mart, which has over 500 locations across Canada, the Subject Property offers prospective purchasers a secure income stream with a diverse tenant mix that minimizes risk.

Exclusively Listed By

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