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Parallel Marketplace 1888 N Parallel Rd 1,574 - 4,785 SF of Retail Space Available in Abbotsford, BC V3G 2C6
Highlights
- Freestanding building and CRU unit located in a well-tenanted retail hub.
- Anchored by Co-op Grocery, Anytime Fitness, and other established retailers.
- Scenic setting at the base of Sumas Mountain in a growing, high-income area.
- Direct access to the Trans-Canada Highway and Old Yale Road for strong connectivity.
- Drive-thru capability and existing office improvements for versatile tenant use.
- Ample parking with a ratio of 3.8 stalls per 1,000 SF leased.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,574-4,785 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1920 N Parallel Rd - 1st Floor
This retail opportunity features a high-profile freestanding building and a CRU unit within the vibrant Parallel Marketplace in East Abbotsford. Positioned at the base of Sumas Mountain, the property benefits from a growing high-income demographic and strong community presence. The location offers excellent visibility and accessibility, with direct connections to the Trans-Canada Highway and proximity to Old Yale Road, ensuring consistent local and highway traffic. The freestanding building includes existing office improvements and a drive-thru area, making it suitable for medical, professional services, daycare, or restaurant use. The CRU unit complements the offering within a well-tenanted center anchored by Co-op Grocery, Anytime Fitness, and other essential retailers. Tenants will enjoy a suburban setting with modern amenities, scenic Fraser Valley views, and a mix of surrounding restaurants, shops, and services. Immediate availability and C3 Community Commercial zoning provide flexibility for a range of uses.
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,785 SF | Center Properties | 4 |
| Min. Divisible | 1,574 SF | Gross Leasable Area | 72,659 SF |
| Center Type | Neighborhood Center | Total Land Area | 5.83 AC |
| Parking | 1108 Spaces | Year Built | 2010 |
| Stores | 17 |
| Total Space Available | 4,785 SF |
| Min. Divisible | 1,574 SF |
| Center Type | Neighborhood Center |
| Parking | 1108 Spaces |
| Stores | 17 |
| Center Properties | 4 |
| Gross Leasable Area | 72,659 SF |
| Total Land Area | 5.83 AC |
| Year Built | 2010 |
About the Property
The property is located in East Abbotsford within Parallel Marketplace, a retail center anchored by grocery and fitness tenants. It is positioned near the base of Sumas Mountain and offers access to the Trans-Canada Highway and Old Yale Road. The site is zoned C3 Community Commercial and includes a freestanding building and a CRU unit. Parking is provided at a ratio of 3.8 stalls per 1,000 SF leased.
- Air Conditioning
Nearby Major Retailers
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Parallel Marketplace | 1888 N Parallel Rd
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