Investment 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.