Investment Overview

Marcus & Millichap is pleased to present for sale 22264 Dewdney Trunk Road, Maple Ridge, B.C. (the “Subject Property”). Located in the heart of the Maple Ridge Town Centre, the Subject Property offers a rare combination of immediate income, owner-user opportunity, and long-term redevelopment potential. The property consists of 3,868 square feet of rentable area on a 10,644 square foot lot with high-exposure frontage along Dewdney Trunk Road, one of Maple Ridge’s primary commercial corridors. Designated Town Centre Commercial under the Official Community Plan, the site is positioned for high-density, mixed-use redevelopment with tower forms envisioned up to 25 storeys, offering significant future value as the Town Centre continues to densify. In the near term, the building provides strong income security, with two of the three units fully leased and recently renewed, resulting in a weighted average lease expiry (WALE) of approximately 4.5 years between the two tenants. At the same time, the upcoming vacancy of the 1,147 square foot unit (plus back shed) creates a prime owner-user opportunity beginning in 2026 or the ability to release at market rates to add value.