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Tsawwassen Corner Shopping Centre 1215 56th St 28,010 SF 100% Leased Retail Building Delta, BC V4L 2A6 For Sale
Investment Highlights
- Significant income growth potential from upcoming lease escalations and rollover.
- 28,010 square feet open-air shopping centre with daily-needs tenants, providing stable, resilient cash flow.
- Fully leased to a strong blend of national and local tenants— including Shoppers Drug Mart, Tim Hortons, VanCity, Bosley’s, Liquor Quicker, and more.
- Rare, high-exposure corner site in affluent Tsawwassen with strong NOI upside and substantial long-term redevelopment potential.
Executive Summary
Marcus & Millichap’s Western Canada NNN Group is pleased to present the exclusive opportunity to acquire Tsawwassen Corner Shopping Centre, a 28,010 SF open-air retail centre anchored by Shoppers Drug Mart.
*Contact Listing Agent for Price and Cap Rate*
*Contact Listing Agent for Price and Cap Rate*
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
28,010 SF
Building Class
B
Year Built/Renovated
1967/2002
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
1.96 AC
Zoning
C1 - Core Commercial
Parking
50 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
203’ on 56th St
Amenities
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Very Walkable (87)
Nearby Major Retailers
Contacts
-
Andrew Gormley -
Jon Buckley -
Curtis Leonhardt -
Joe Genest -
Armaan Sohi -
Marcus & Millichap
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Tsawwassen Corner Shopping Centre | 1215 56th St
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