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5723 176 St 1,975 SF of Retail Space Available in Surrey, BC V3S 4C9
Highlights
- Corner retail unit in a high-traffic commercial corridor in Cloverdale.
- Part of a four-unit building with ample surface parking for customers and staff.
- Situated in a vibrant district with strong local and destination traffic.
- Located near well-known restaurants and businesses, including The Henry and Vault Restaurant.
- Easy access to major routes connecting Surrey and the Fraser Valley.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 1,975 SF | 3-5 Years | $35.00 CAD/SF/YR $2.92 CAD/SF/MO $69,125 CAD/YR $5,760 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 2
Opportunity to lease a well located corner retail unit (1,975 sf.) in the vibrant commercial district of Cloverdale, in proximity to other well known retailers, businesses and resturants such as The Henry, Vault Restuarant, Hawthorne Beer market and Bistro. The unit is located in a commercial building with 4 units and ample surface parking. Three of the units are leased to the Storehouse, Thrive Greenery and Gifts (Artisan Gifts, plants and flower bouquets) and Ruby Siam Thai Kitchen (Thai Restaurant). The unit is currently being used by a Pet Food and Grooming business. It has excellent visibility and access with strong foot traffic along 176 St. The interior is tastefully improved and features a spacious open retail area, several grooming stations and two washrooms in the back. The unit is ideal for retail and medical businesses looking to establish or grow in this thriving community. The landlord will be open to outdoor patio use for additional rent. All measurements are approximate. The unit size is from the previous lease, provided by the Landlord. Tenant or tenant’s agent must conduct their own due diligence regarding the measurements, and the future use and viability of the space. Please contact the listing agent directly for additional information or scheduling private tours. Please do not approach the current business owner or staff members. This won't last!
- Lease rate does not include utilities, property expenses or building services
- Private Restrooms
- Corner Space
- Excellent location in proximity to Hwy 15
- Located in the Cloverdale Commercial District
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 | 1,975 SF | Gross Leasable Area | 4,813 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront | Parking Ratio | 3.32/1,000 SF |
| Total Space Available | 1,975 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,813 SF |
| Year Built | 1940 |
| Parking Ratio | 3.32/1,000 SF |
About the Property
The Property is loacted in the Heart of Cloverdale. It is a single-level property, which includes 4 retail units and ample surface parking. The units are leased to the Clova Pets, Storehouse, Thrive Greenery and Gifts (Artisan Gifts, plants and flower bouquets) and Ruby Siam Thai Kitchen (Thai Restaurant).
Nearby Major Retailers
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5723 176 St
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