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43971 Industrial Way
Chilliwack, BC V2R 3A4
43971 Industrial Way · Property For Sale
·
99,490 SF Total
Investment Highlights
- Newly constructed 4.46-acre landmark asset held as a 100% fee simple interest, with tenant-funded improvements that exceed the purchase price.
- The tenant mix is anchored by established national and regional brands including Marriott, Tim Hortons, Canco Petroleum, and Angry Otter Liquor.
- Anchored by three long-term ground leases that collectively contribute 66.21% of the net income and carry virtually zero landlord responsibilities.
- 9 out of the 10 tenants include rent steps during their respective terms, supporting long-term NOI growth.
Executive Summary
Located adjacent to the Trans-Canada Highway, Fraser Gateway Centre comprises three long-term ground leases, including a 150-room Fairfield by Marriott Inn & Suites (the “Marriott Hotel”), a standalone Tim Hortons with drive-thru, and a Canco Gas Bar with an integrated drive-thru QSR, together with a 14,805 SF retail building featuring eight commercial retail units (CRUs) with a diversified, complementary tenant mix including QSR, liquor, and convenience uses. Overall, Fraser Gateway Centre encompasses a 4.46-acre site, improved with 4 freestanding buildings totaling a gross floor area of over 102,590 SF.
Property Facts
| Price / SF | $337.72 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 99,490 SF |
| Status | Active | Total Land Area | 8.92 AC |
| Number of Properties | 3 |
| Price / SF | $337.72 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 99,490 SF |
| Total Land Area | 8.92 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Fairfield by Marriott Inn & Suites Chilliwack
43971 Industrial Way, Chilliwack, BC V2R 3A4 |
Hospitality | 81,655 SF | 2025 | - |
| 43971 Industrial Way, Chilliwack, BC V2R 3A4 | Retail | 14,805 SF | 2024 | - |
|
Tim Hortons
43971 Industrial Way, Chilliwack, BC V2R 3A4 |
Retail | 3,030 SF | 2010 | - |
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