1-3 14885 60 AVENUE, Surrey
1-3 14885 60 AVENUE, Surrey, BC V3S1R8
$3.1M total
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Asset Class
Retail
Size
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Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
90%
About this property
INVESTOR'S ALERT! Rare opportunity to acquire 3 prime retail strata units sold together, totalling 3,078 sq. ft. in the heart of Sullivan, Surrey. Perfectly positioned in an established, high-growth commercial node surrounded by dense residential developments, thriving retail amenities, and offering quick, seamless access to Highway 10 and 152 Street. The property is currently leased to an established, long-term childcare tenant generating approximately $12,825 gross rent per month, featuring built-in annual escalation clauses for steady yield growth. This functional layout provides flexible future utility and re-leasing possibilities across three distinct strata titles. A truly turnkey, hands off commercial investment offering reliable, secure cash flow and strong long-term appreciation potential in one of Surrey's most desirable, expanding communities. Inquire today for complete lease details and financial breakdown! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$14K
Projected NOI
$156K
Annual cash flow
$-16K
Cash-on-cash
-1.74%
DSCR
0.91
Going-in cap
5.02%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
45,846
Households
16,242
Median income
$136,000
Median age
36.8
Daytime population
55,318
5-yr growth
4.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1-3 14885 60 AVENUE, Surrey.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.