7,920 ft²Office / Retail / Medical$3,750,000Sale
5,400 SF retail building on a 7,900 SF lot.
A unique opportunity to purchase a 5,400 square foot retail building on a 7,900 square foot lot, divided into three independent retail units, including a full-service kitchen with a canteen-style setup in one unit. The building is currently rented to The City of Surrey under a short-term lease that may be extended. The Official Community Plan (OCP) designation of “Downtown” currently allows up to 3.5 FSR, supporting mid to high-rise mixed-use construction. Current lease rates support market rates of up to $40 per square foot per year or more. The property is fully improved with office space, new roofing, HVAC systems, a new commercial kitchen, and much more. Contact me or my team members for more details: Jas Chhina - jas.chhina@macdonaldcommercial.com Razi Mohamed razi.mohamed@macdonaldcommercial.com Tel: 604-736-5611