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Multi-Tenant Retail Opportunity with Major Frontage on King George Boulevard

6898 King George Blvd, Surrey, BC V3W 4Z9, Canada

30,981 SF

$21,490,000.00
  • Description
  • Address
  • Details
  • Features
  • Video

Description

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

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Video

  • Address: 6870 - 6898 King George Boulevard
  • City: Surrey
  • Province: British Columbia
  • Postal Code: V3W 4Z9
  • Country: Canada

Details

Updated on May 27, 2021

  • Property Size: 30,981 SF
  • Land Area: 2.67 acres
  • Property Type: Retail, Development, Land
  • Property Status: For Sale

Additional Details

  • Zoning: C-8 — commercial/retail allowing a large variety of uses
  • Gross Taxes (2020): $95,093.40
  • Profoma NOI: $529,271