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Court Ordered Sale - 1,082 SF Retail Unit 8028 128th St 68,354 sq ft 98% Let Retail Property Surrey, BC V3W 4E9 £841,266 (£12.31/sq ft)
INVESTMENT HIGHLIGHTS
- 1,082 SF Ground Floor Retail showroom
- Reception Area
- Ample Parking
- Two Private Offices
- Kitchenette
EXECUTIVE SUMMARY
The property represents an opportunity to purchase a 1,082 SF ground floor retail strata showroom constructed in 2016, with two private offices, reception area, kitchenette, and bathroom. The strata complex, known as Little India Plaza, is improved with two, two-storey buildings and three single storey buildings containing a total of 73 strata units. The monthly strata fees are approximately $316.33. The property is zoned CD (Comprehensive Development) with general retail use and has ample parking. The City of Surrey’s Official Community Plan designates the existing use for the property as “Mixed Employment.”
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
Bankruptcy Sale
Property Type
Retail
Property Size
68,354 sq ft
Costar Property Class
B
Year Built
2016
Price
£841,266
Price per sq ft
£12.31
Occupancy Rate
98%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.41
Total Plot Size
3.87 ac
Use Class
CD - Community Commercial Zone
Parking
150 Spaces (2.19 Spaces per 1,000 sq ft Leased)
Frontage
520 ft on 80 Avenue
AMENITIES
- Security System
- Air Conditioning
Walk Score®
Easily Walkable (76)
Bike Score®
Good for cycling (76)
NEARBY MAJOR RETAILERS
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Court Ordered Sale - 1,082 SF Retail Unit | 8028 128th St
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