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10225-10229 King George Blvd 30,403 SF 100% Leased Retail Building Surrey, BC V3T 2W6 $55,700,000 CAD ($1,832.06 CAD/SF)
Investment Highlights
- Corner-oriented retail plaza with frontage along King George Boulevard.
- RBC banking centre provides an institutional tenant presence.
- On-site parking supports customer and tenant convenience.
- Established mix of nine retail, restaurant, and service tenants.
- Accessible by both public transit and major road networks.
- Located near Surrey City Hall, Surrey Memorial Hospital, and City Centre Library.
Executive Summary
Plaza 102, located directly off King George Boulevard, is a corner oriented retail plaza in the center of Surrey, British Columbia. The property currently combines 9 retail stores, restaurants, services, including a RBC banking centre. Tenants and guests enjoy its convenient location accessible by cars and by transit, as well as ample parking on site. Nearby you find the City Centre Library, Surrey City Hall, the expansion of Surrey Memorial Hospital, and the new RCMP Divisional Headquarters. Source of Measurements are from previous leases, and the City GIS map
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
30,403 SF
Building Class
C
Year Built
1977
Price
$55,700,000 CAD
Price Per SF
$1,832.06 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
1.56 AC
Zoning
C-8 - Community Commercial
Parking
20 Spaces (0.66 Spaces per 1,000 SF Leased)
Frontage
151’ on King George Blvd
Amenities
- Bus Line
- Signage
Moderately walkable
70/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 8
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10225-10229 King George Blvd
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