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$2.3M total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
87%
We are thrilled to present Commercial Retail Unit 113 for sale at VIVA, a brand-new mixed-use development, ideally located at 14398 60 Avenue in Surrey's vibrant Sullivan neighborhood. This spacious 1,710 SQFT corner unit features striking glazing on three sides and excellent accessibility, offering two separate entrances via the street and the surface-level parkade. Perfectly equipped for Food Uses, CRU 113 is the only unit in the development with a built-in commercial ventilation shaft, making it the ideal for a restaurant, pizzeria, or quick-service concept. Even better, this unit includes an exclusivity covenant for food and beverage use within the entire development, providing robust operational security. The unit includes 5 dedicated parking stalls, supplemented by a 10-stall surface lot and additional visitor parking. This is a rare opportunity to secure a premium retail space in one of Surrey's fastest-growing communities. Contact us today for more details or to register your interest! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$11K
Projected NOI
$114K
Annual cash flow
$-14K
Cash-on-cash
-1.97%
DSCR
0.89
Going-in cap
4.95%
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
56,734
Households
23,171
Median income
$123,000
Median age
33.5
Daytime population
51,470
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 113 14398 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.