This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Multi-Tenant Retail Opportunity with Major Frontage on King George Boulevard
6870-6898 King George Blvd, Surrey, BC V3W 4Z9, CanadaDescription
Address
6870-6898 King George Blvd, Surrey, BC V3W 4Z9, Canada
Location Overview
The subject property is located on the east side of King George Boulevard between 72nd Avenue and 66th Avenue within Newton Town Centre in Surrey. This central location is within walking distance to transit, the Newton Wave Pool and regional shopping centres such as Newton Village, Newton Centre, Costco, King’s Cross Shopping Centre, and Newton Crossing.
This area is well-known and sought after for its proximity to major traffic arteries, with King George Boulevard providing direct access to Highway 10, Fraser Highway, 96th Avenue, and the South Fraser Perimeter Road. This convenient location offers easy accessibility to most areas in Metro Vancouver and the Fraser Valley and the Vancouver International Airport. The Canada/USA Border is less than 20 minutes away.
Highlights
- Typical units 2,085 SF
- 12 units in total
- Rear dock and grade loading
- High ceiling space in part of the building
- Ample on-site parking
- Roof replaced approximately in 2016
- HVAC units replaced in 2016
- Concrete tilt-up construction
- Each unit has minimum 1 HVAC system
- Stratified
- Near transit
- Owner user can occupy 6,167 SF
- 3 phase power throughout
- High exposure pylon signage
Details
Price: SOLDProperty Size: 30,981 SF
Lot Size: 2.67 acres
Property Type: Development, Land, Retail
Property Status: Sold
Zoning: C-8 - commercial/retail allowing a large variety of uses
Gross Taxes (2020): $95,093.40
Profoma NOI: $529,271