For Lease · Land

10715 KING GEORGE BOULEVARD, Surrey

10715 KING GEORGE BOULEVARD, Surrey, BC V3T2X6

$11.25 per sq ft / yr

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Asset Class

Land

Size

—

Building class

A

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

88%

Lot Size

0.1224058769513315 ac

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$11
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 10715 KING GEORGE BOULEVARD, Surrey.

NDA required
  • 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.