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For Lease · Retail

7154 7156 120 STREET, Surrey

7154 7156 120 STREET, Surrey, BC V3W3M8

$33 per sq ft / yr

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

85%

About this property

Highly sought-after corner retail unit with medical/office improvements at Scottsdale Square, 7154-7156 120th Street (Scott Road), Surrey. Approximately 2,703 SF previously operated as a physiotherapy clinic, offering an established clinical layout well suited to medical, dental, physiotherapy, wellness and allied health users, as well as professional office and retail tenants. Prominent frontage on the high-traffic Scott Road corridor with strong exposure, pylon signage opportunity, on-site plaza parking and close proximity to Scottsdale Exchange transit and surrounding residential density. A rare opportunity to secure an improved clinical space in a well-established commercial node. Contact the listing agents for details and viewing arrangements. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$33
Down payment30% · $10
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$-0

Cash-on-cash

-3.07%

DSCR

0.83

Going-in cap

4.62%

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

117,226

Households

46,660

Median income

$106,000

Median age

33

Daytime population

109,648

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 7154 7156 120 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.