1/3312848 112 AVENUE, Surrey
12848 112 AVENUE, Surrey, BC V3T2S9
$18.9 per sq ft / yr
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Asset Class
Land
Size
—
Building class
A
Zoning
AG — Agricultural
$ / SF
—
Occupancy
94%
Lot Size
0.28422865013774107 ac
About this property
Rare opportunity to secure a high exposure automotive commercial sublease opportunity in a prime location. Situated at all key traffic corridors. Functional office/showroom building with extensive frontage, outdoor display area, and on-site parking/yard space accommodating 40+ vehicles. Ideal for vehicle sales, detailing, automotive services, storage, fleet operations, and related automotive uses subject to landlord approval. Excellent visibility, access, and traffic exposure along a busy commercial corridor. Flexible site layout with existing improvements provide a turnkey opportunity for automotive operators seeking immediate occupancy and strong street presence. Sublease subject to landlord approval and review of head lease terms. All measurements, site areas, uses, parking capacity, and lease terms to be verified by prospective tenant. Highway Commercial Industrial Zone which allows Sales and rental of vehicles, less than 5,000 kg G. V. W. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-1.89%
DSCR
0.90
Going-in cap
4.97%
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
76,709
Households
34,540
Median income
$129,500
Median age
38.6
Daytime population
104,113
5-yr growth
4.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 12848 112 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.