116 9547 152 STREET, Surrey116 9547 152 STREET, Surrey — photo 2116 9547 152 STREET, Surrey — photo 3116 9547 152 STREET, Surrey — photo 4116 9547 152 STREET, Surrey — photo 5116 9547 152 STREET, Surrey — photo 6116 9547 152 STREET, Surrey — photo 7116 9547 152 STREET, Surrey — photo 8116 9547 152 STREET, Surrey — photo 9116 9547 152 STREET, Surrey — photo 10116 9547 152 STREET, Surrey — photo 11116 9547 152 STREET, Surrey — photo 12116 9547 152 STREET, Surrey — photo 13116 9547 152 STREET, Surrey — photo 14116 9547 152 STREET, Surrey — photo 15116 9547 152 STREET, Surrey — photo 16116 9547 152 STREET, Surrey — photo 17116 9547 152 STREET, Surrey — photo 18116 9547 152 STREET, Surrey — photo 19116 9547 152 STREET, Surrey — photo 20116 9547 152 STREET, Surrey — photo 21116 9547 152 STREET, Surrey — photo 22116 9547 152 STREET, Surrey — photo 23116 9547 152 STREET, Surrey — photo 24116 9547 152 STREET, Surrey — photo 25116 9547 152 STREET, Surrey — photo 26116 9547 152 STREET, Surrey — photo 27116 9547 152 STREET, Surrey — photo 28
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For Lease · Retail

116 9547 152 STREET, Surrey

116 9547 152 STREET, Surrey, BC V3R5Y5

$2.0M per sq ft / yr

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Asset Class

Retail

Size

—

Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

99%

About this property

EXCEPTIONAL VALUE AT ONLY $375/SF! An outstanding opportunity to acquire approximately 5,336 SF of commercial strata space in a highly accessible Surrey location. At just $375 per square foot, this property offers one of the lowest price-per-square-foot opportunities currently available in Surrey. Located at 116-9547 152 Street, the property benefits from a central location along the busy 152 Street corridor, surrounded by established residential neighbourhoods and commercial amenities. Convenient access to Guildford Town Centre, Highway 1, Fraser Highway and major transportation routes provides excellent connectivity throughout Surrey and the Lower Mainland. The property's flexible C-8 Community Commercial zoning provides tremendous versatility for an owner-user or investor, accommodating a broad range of potential uses including medical and health services, professional offices, education and training, fitness and wellness, retail, personal services and other commercial businesses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.00M
Down payment30% · $600K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$117K

Annual cash flow

$6K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

82,016

Households

33,683

Median income

$137,000

Median age

38.4

Daytime population

84,985

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 116 9547 152 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.