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34630 & 34650 Delair Road
34630 Delair Rd, Abbotsford, BC V2S 2C9
Listing Price: $15,615,000
Investment Overview
Copilot said:
Marcus & Millichap REIS Canada Inc. is pleased to present for sale 34630 and 34650 Delair Road, Abbotsford, B.C. (the "Subject Properties"), two adjacent NNN pads in the hub of the Fraser Valley, offered collectively. The Subject Properties are anchored by Cactus Club Cafe, one of Canada's leading premium casual-dining brands, which has committed to its purpose-built pad through August 2031. The second pad is a financial institution with a rarely available drive-thru, leased to Prospera Credit Union through September 2031. The Subject Properties are held in a bare trust, providing purchasers with the option to acquire shares of the nominee corporation, potentially resulting in savings on property transfer tax.
The Subject Properties represent a rare trophy-calibre offering, fronting the Highway 11 (Sumas Way) interchange at Highway 1, now undergoing a $242 million reconstruction within a multi-billion-dollar provincial investment in the Fraser Valley Highway 1 corridor. Upon completion, upgrades to the Highway 11/Delair Road intersection fronting the site will improve capacity, access, and visibility, reinforcing the Subject Properties' irreplaceable location and exposure to Highway 1.
34630 & 34650 Delair Road
Investment Highlights
- Two adjacent triple-net investments on a premier Fraser Valley highway corner, leased to top-tier tenants and offered together for scale and stability.
- Cactus Club Cafe, one of Canada's leading premium dining brands, is committed through August 2031 following its latest renewal option exercise.
- Prospera Credit Union is secured through September 2031 and now forms part of Coast Capital Savings Federal Credit Union, serving 730,000+ members.
- Two recently renewed triple-net leases with minimal landlord responsibilities, delivering passive income from complementary tenant uses.
- Purpose-built buildings for each tenant, including one of East Abbotsford's few established drive-thru financial institution locations.
- Situated at the Highway 1 and Highway 11 interchange, benefiting from exposure to approximately 108,000 vehicles daily.
- Benefitting from the $242M Highway 11 interchange rebuild, enhancing access, connectivity, and long-term prominence upon completion.
- 47,393 SF (±1.09 acres) in a constrained Lower Mainland market, with 72% of Abbotsford's land base within the Agricultural Land Reserve.
Exclusively Listed By
Listing Price: $15,615,000
Investment Highlights
- Two adjacent triple-net investments on a premier Fraser Valley highway corner, leased to top-tier tenants and offered together for scale and stability.
- Cactus Club Cafe, one of Canada's leading premium dining brands, is committed through August 2031 following its latest renewal option exercise.
- Prospera Credit Union is secured through September 2031 and now forms part of Coast Capital Savings Federal Credit Union, serving 730,000+ members.
- Two recently renewed triple-net leases with minimal landlord responsibilities, delivering passive income from complementary tenant uses.
- Purpose-built buildings for each tenant, including one of East Abbotsford's few established drive-thru financial institution locations.
- Situated at the Highway 1 and Highway 11 interchange, benefiting from exposure to approximately 108,000 vehicles daily.
- Benefitting from the $242M Highway 11 interchange rebuild, enhancing access, connectivity, and long-term prominence upon completion.
- 47,393 SF (±1.09 acres) in a constrained Lower Mainland market, with 72% of Abbotsford's land base within the Agricultural Land Reserve.
Investment Overview
Copilot said: Marcus & Millichap REIS Canada Inc. is pleased to present for sale 34630 and 34650 Delair Road, Abbotsford, B.C. (the "Subject Properties"), two adjacent NNN pads in the hub of the Fraser Valley, offered collectively. The Subject Properties are anchored by Cactus Club Cafe, one of Canada's leading premium casual-dining brands, which has committed to its purpose-built pad through August 2031. The second pad is a financial institution with a rarely available drive-thru, leased to Prospera Credit Union through September 2031. The Subject Properties are held in a bare trust, providing purchasers with the option to acquire shares of the nominee corporation, potentially resulting in savings on property transfer tax. The Subject Properties represent a rare trophy-calibre offering, fronting the Highway 11 (Sumas Way) interchange at Highway 1, now undergoing a $242 million reconstruction within a multi-billion-dollar provincial investment in the Fraser Valley Highway 1 corridor. Upon completion, upgrades to the Highway 11/Delair Road intersection fronting the site will improve capacity, access, and visibility, reinforcing the Subject Properties' irreplaceable location and exposure to Highway 1.
Exclusively Listed By
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