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13747 104th Ave 7,225 SF Retail Building Surrey, BC V3T 1W6 $15,000,000 CAD ($2,076.12 CAD/SF)
Investment Highlights
- Owner-Occupier Opportunity: The Subject Property is vacant, allowing immediate access for medical professionals, restaurant users and community
- Prominent Growth Market The Subject Property enjoys proximity to essential daily-needs retail services and major upcoming development projects
- Flexible C-35 (Downtown Commercial Zone) Zoning Allows for a wide range of permitted uses including a variety of retail and child care centres
Executive Summary
The Subject Property represents a rare opportunity to acquire a centrally located and high-profile freestanding single-level commercial building, with underlying development potential. The Subject Property is positioned within the rapidly evolving Surrey City Centre and in close proximity to the Surrey Central Station (10-minute walk); it is comprised of a 7,225 SF retail building on a 31,950 SF corner lot.
The Subject Property is well suited for a variety of users with modern, renovated improvements and multiple convenient access points from both 104 Ave and Whalley Blvd. The in-place zoning supports a wide range of high in-demand uses including medical services, restaurants, day care centres, religious, and cultural activities.
Situated in a high-growth node, within 1 KM, the area has experienced population growth of 12.2% (2022-2027), and the population is expected to grow by an additional 15% by 2030. This growth will be supported by three upcoming master plan communities, three active construction sites, and eleven projects in the pre-construction stage. Positioned just north of King George Boulevard and 104 Avenue, a major thoroughfare with access to over 34,550 vehicles per day, the Subject Property is an attractive opportunity for owner-occupiers, developers, and investors.
The Subject Property is well suited for a variety of users with modern, renovated improvements and multiple convenient access points from both 104 Ave and Whalley Blvd. The in-place zoning supports a wide range of high in-demand uses including medical services, restaurants, day care centres, religious, and cultural activities.
Situated in a high-growth node, within 1 KM, the area has experienced population growth of 12.2% (2022-2027), and the population is expected to grow by an additional 15% by 2030. This growth will be supported by three upcoming master plan communities, three active construction sites, and eleven projects in the pre-construction stage. Positioned just north of King George Boulevard and 104 Avenue, a major thoroughfare with access to over 34,550 vehicles per day, the Subject Property is an attractive opportunity for owner-occupiers, developers, and investors.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,225 SF
Building Class
B
Year Built/Renovated
1970/2004
Price
$15,000,000 CAD
Price Per SF
$2,076.12 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.73 AC
Zoning
C-35
Parking
31 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
123’ on 104th Ave
Amenities
- 24 Hour Access
- Bus Line
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Air Conditioning
- Smoke Detector
Moderately walkable
70/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Contacts
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Andrew Gormley -
Armaan Sohi -
Joe Genest -
Jon Buckley -
Curtis Leonhardt -
Marcus & Millichap
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13747 104th Ave
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