104 9686 137 STREET, Surrey104 9686 137 STREET, Surrey — photo 2104 9686 137 STREET, Surrey — photo 3104 9686 137 STREET, Surrey — photo 4104 9686 137 STREET, Surrey — photo 5104 9686 137 STREET, Surrey — photo 6104 9686 137 STREET, Surrey — photo 7104 9686 137 STREET, Surrey — photo 8104 9686 137 STREET, Surrey — photo 9104 9686 137 STREET, Surrey — photo 10104 9686 137 STREET, Surrey — photo 11104 9686 137 STREET, Surrey — photo 12104 9686 137 STREET, Surrey — photo 13
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For Sale · Retail

104 9686 137 STREET, Surrey

104 9686 137 STREET, Surrey, BC V3T4G7

$3.2M total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

85%

About this property

Prime ground-floor commercial strata unit available for sale at City Centre 4 in Surrey's rapidly growing Health & Technology District. This approximately 2,134 sq. ft. retail unit includes four designated parking stalls and offers excellent exposure and accessibility. Restaurant use is permitted, with a pre-installed ventilation connection, making it suitable for a variety of retail, food-service, professional or owner-occupied uses, subject to applicable approvals. Strategically located immediately next to Surrey Memorial Hospital and within walking distance of King George SkyTrain Station. City Centre 4 is anchored by the newly opened 189-suite Homewood Suites by Hilton and features Western Community College, Stong's Market and additional retail and café amenities. Surrounded by significant ongoing high-rise development, this property offers strong future growth potential. Available for sale or lease-an excellent opportunity for an owner-user or investor. see MLS# C8072901 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.18M
Down payment30% · $954K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$15K

Projected NOI

$165K

Annual cash flow

$-11K

Cash-on-cash

-1.17%

DSCR

0.94

Going-in cap

5.19%

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

85,175

Households

37,822

Median income

$127,500

Median age

37.3

Daytime population

91,411

5-yr growth

6.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 104 9686 137 STREET, 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.