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Port Kells industrial building sold to its single tenant

Long-term tenant in Surrey’s Port Kells industrial property bought the building for $311 per square foot.
9344 19 Street, Surrey

Property type: Industrial property

Location:9344  19 Street, Surrey

Number of units:1

Property size: 23,304 square feet

Land size: 33,450 square feet

Land size in acres: 0.67 acres

Zoning: IL (Light industrial)

BC Assessment value (2020): $5.45million

Sale price: $7.25 million

Brokerage: NAI Commercial, Vancouver

Brokers: Brian MacKenzie