Skip to main content

Mixed-Use

22332 Lougheed Highway, Maple Ridge

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

Listing Price: $2,150,000

Cap Rate
4.15%
Number of Suites
3
Gross SF
6,550
Rentable SF
6,550
Price/Gross SF
$328.24
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 rare opportunity for owner-users or investors looking to acquire a value-add property in the rapidly evolving and densifying Town Centre area of Maple Ridge. The retail portion of the Subject Property is fully leased to long-term tenants: Money Mart, Pho Song, and Wolf Bar, which provides a secure income stream for prospective purchasers while they relocate their business or lease up the second floor premises.

Investment Highlights

  • Second floor office availability provides for both owner-user or value-add opportunities
  • Retail portion fully leased to three long-term tenants
  • Extensive capital expenditures, including a roof replacement in July 2021

Exclusively Listed By

Mixed-Use

22332 Lougheed Highway, Maple Ridge

Listing Price: $2,150,000

Cap Rate
4.15%
Number of Suites
3
Gross SF
6,550
Rentable SF
6,550
Price/Gross SF
$328.24
Lot Size
0.10 acres
Year Built
1960

Investment Highlights

  • Second floor office availability provides for both owner-user or value-add opportunities
  • Retail portion fully leased to three long-term tenants
  • Extensive capital expenditures, including a roof replacement in July 2021

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 rare opportunity for owner-users or investors looking to acquire a value-add property in the rapidly evolving and densifying Town Centre area of Maple Ridge. The retail portion of the Subject Property is fully leased to long-term tenants: Money Mart, Pho Song, and Wolf Bar, which provides a secure income stream for prospective purchasers while they relocate their business or lease up the second floor premises.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower