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North Delta 18-unit retail centre sells for $2.9M over assessment

Nordel Centre, a 42,294- square feet shopping centre set on 3.22 acres with development potential in the heart of North Delta, sold for $21.35 million.
The Firm Real Estate Services Ltd., Delta, B.C., for Western Investor

Property type: Retail centre

Location: 11146 84th Avenue, Delta, B.C.

Number of units: 18

Size of property: 42,294 square feet

Size of land: 140,263 square feet

Land size in acres: 3.22 acres

Zoning: C1

BC Assessment value (2021) $18.44 million

Sale price: $21.35 million

Date of sale: May 12, 2021

Brokerage: The Firm Real Estate Services Ltd., Delta, B.C.

Broker: Fraser Elliott