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Strata-titled office space in Surrey commands $479 psf

Prime location, strong tenant mix key to investor interest
14888-104-avenue-surrey
Commercial strata units totalling 17,760 square feet at 14888 104 Ave., Surrey, sold May 1 for $8.5 million.

DEAL | Multiple strata units at 14888 104 Ave., Surrey, sold May 1 for a total of $8.5 million, or $479 per square foot. The property features a strong mix of tenants, making it an attractive investment opportunity with a stable stream of rental income across 17,760 square feet. Units 101, 102 and 103 offer 5,514 square feet of leased ground floor retail space. Unit 200 is a multi-tenant office unit spanning the entire second floor, with great exposure on 104th Avenue and a total of 12,156 square feet of leased space. C-35 zoning allows for a variety of commercial uses in a prime location.

PRICE | $8,500,000

FROM | Chris van Vliet and Stephen Gammer, William Wright Commercial