
1/210715 KING GEORGE BOULEVARD, Surrey, BC V3T2X6
$11.25 per sq ft / yr
—
Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
88%
Lot Size
0.1224058769513315 ac
Rare opportunity to lease a high-exposure corner site in the heart of Surrey City Centre at 10715 King George Blvd. The original building was damaged by fire several years ago, and the property is now available as a flexible commercial land lease. Zoned C-8 (Community Commercial), the site offers a wide range of permitted and potential interim uses, including parking facilities, retail, office, personal service, general service, eating establishments, recreational, and other compatible commercial uses, subject to municipal requirements where applicable. The owner is also open to tenants with the expertise and resources to restore or rehabilitate the existing improvements, creating additional long-term value. Ideally located just minutes from Surrey Central SkyTrain Station with outstanding visibility and convenient access, this property presents an excellent opportunity for businesses seeking a strategic location in one of Metro Vancouver's fastest-growing commercial districts. Flexible lease terms are av (id:66811)
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Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
7.60%
DSCR
1.41
Going-in cap
7.82%
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.
Trade area within 3 miles of the property.
Population
127,124
Households
44,441
Median income
$128,500
Median age
34.6
Daytime population
123,317
5-yr growth
8.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 10715 KING GEORGE BOULEVARD, 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.