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10388 120th St
Surrey, BC V3V 4G2
Land For Sale · 0.68 AC

Property Facts

Property Type Land
Property Subtype Commercial
Total Lot Size 0.68 AC
Zoning CHI

Description

Opportunity to acquire a high exposure 29,816 SF parcel improved with a 2,769 SF freestanding building with drive-thru occupied by Tim Hortons on a long-term lease. - Freestanding Single Tenant Building 100% occupied by Tim Hortons (circa 2011) on a long term 15 YR lease with two (2) five (5) year options to renew - Contractual rent increases every five (5) years (Rent Escalations in 2016 & 2021) - High exposure location seeing nearly 40,000 VPD traveling along Scott Road and 104 Avenue - Excellent connectivity in close proximity to the South Fraser Perimeter Road, Pattullo Bridge, and Highway 1 - Over 84,000 people within 3 km with a household incomes averaging over $75,000 per annum - Excellent access/egress to the site via Scott Road and 104 Avenue

  • Listing ID: 10890023

  • Date on Market: 2017-12-07

  • Last Updated:

  • Address: 10388 120th St, Surrey, BC V3V 4G2

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