Surrey Newton warehouse sold for $9M

The 77,719-square-foot, single-tenant building is zoned for light industrial use

By
for Western Investor
June 14, 2018





newton
 
A single-tenant industrial building in Surrey has sold for $9.5 million, Avison Young tells Western Investor. 
 
The 77,719-square-foot warehouse is zoned for light impact industrial use, situated on a nearly 2-acre lot. The property is located in the Newton industrial area of Surrey, listed for $10 million with an assessed value of $10.7 million.
 
The property is located at 8238 129 St., Surrey. 
 

Breakdown: 

 
Price: $9,500,000 
Lot Size: 1.88 acres
Property Type: Industrial
Zoning: IL
2017 B.C. Assessment Value: $10,761,000
Date of Sale: 06/12/2018
City: Surrey
Province: B.C.
Name of Brokerage: Avison Young Commercial Real Estate Inc.
 

Do you have a Done Deal you'd like to promote? Submit here for a free posting!


Michael is a principal at Avison Young, joining the brokerage in 2009 to help build their AY Industrial Team in Vancouver.

Avison Young Commercial Real Estate
2900 - 1055 West Georgia Street
Vancouver, BC V6E 3P3
Office: 604-687-7331

Copyright © Western Investor

Email to a Friend

Close
Most Popular
Get the WesternInvestor.com Newsletter