Welcome to an excellent investment opportunity presented by William Wright Commercial in conjunction with Re/Max Commercial Advantage. Units 101-103 are made up of 5,514 square feet of leased ground floor retail space and unit 200 is a multi-tenant office unit spanning the entire second floor, with great exposure on 104th Avenue and a total of 12,156 square feet of leased space. The property offers parking, including secured underground parking for tenants and open visitor parking for guests. With a C-35 zoning, the space offers flexibility for a variety of commercial uses. The property currently features a strong mix of tenants, making it an attractive investment opportunity for those seeking a stable stream of rental income. Priced at a 4.8% cap rate for the office and 4.5% cap rate for the retail, this investment property offers an attractive return on investment. With its prime location and high-quality finishes, these commercial strata units are an excellent option for investors looking to own in a desirable area.
Multi-Tenant Investment Opportunity
For Sale
14888 104 Avenue, Surrey,
Canada
± 5,514 - 12,156 SQFT
Office
$3,449,000–$4,650,000
$22,310.48 / $46,640.19
016-337-972 / 016-337-981
C-35
STRATA LOT 124, BLOCK 5N, PLAN NWS3308, SECTION 29, RANGE 1W, NEW WESTMINSTER LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 / STRATA LOT 125, BLOCK 5N, PLAN NWS3308, SECTION 29, RANGE 1W, NEW WESTMINSTER LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1
Personal Real Estate Corporation
Team Leader - Fraser Valley Office
This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
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