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Investment Highlights

  • Excellent exposure and accessibility from major routes with robust regional linkages
  • Fully finished and furnished office suite with reception, five offices and boardroom
  • Strategically located in Payal Business Centre within one of Surrey’s most active commercial corridors
  • Surrounded by a diverse mix of amenities and established businesses, promoting consistent traffic flow

Executive Summary

Positioned within the established Payal Business Centre, 8128 128th Street offers an opportunity to acquire commercial space in one of Surrey's most recognized business and retail destinations. The property benefits from a highly visible location along 128 Street, a major commercial corridor serving the Newton community and connecting businesses to the broader Metro Vancouver region. Its central Surrey location provides convenient access to key transportation routes, surrounding residential neighborhoods, professional services, restaurants, financial institutions, and daily-use amenities that support both customer traffic and employee convenience. The Payal Business Centre is home to a diverse mix of professional offices, retailers, and service-oriented businesses, creating a dynamic commercial environment with consistent activity throughout the day. The property's location within this established business hub supports a variety of owner-user and investment objectives while benefiting from the area's ongoing commercial presence and regional accessibility.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 305
  • 1,231 SF
  • Office/Retail
  • $2,399,000 CAD ($1,948.82 CAD/SF)
  • -
Sale Type Owner User
APN/Parcel ID 026-618-907
Description
Prime location in Payal this retail unit is curently a costume jewellery store contact for more info.
Sale Notes
Prime location in Payal this retail unit is curently a costume jewellery store contact for more info.
  • Unit 330
  • 1,298 SF
  • Office/Retail
  • $2,499,000 CAD ($1,925.27 CAD/SF)
  • -
Sale Type Owner User
APN/Parcel ID 026-618-851
Description
Beautiful fixtured retail store in prime Payal location currently a costume jewellery store. Contcat for more info
Sale Notes
Beautiful fixtured retail store in prime Payal location currently a costume jewellery store. Contcat for more info
Unit Unit Size Condo Use Price NOI
Unit 305 1,231 SF Office/Retail $2,399,000 CAD ($1,948.82 CAD/SF) -
Unit 330 1,298 SF Office/Retail $2,499,000 CAD ($1,925.27 CAD/SF) -

Unit 305

Unit Size
1,231 SF
Condo Use
Office/Retail
Price
$2,399,000 CAD ($1,948.82 CAD/SF)
NOI
-

Unit 330

Unit Size
1,298 SF
Condo Use
Office/Retail
Price
$2,499,000 CAD ($1,925.27 CAD/SF)
NOI
-

Unit 305

Unit Size 1,231 SF
Condo Use Office/Retail
Price $2,399,000 CAD ($1,948.82 CAD/SF)
NOI -
Sale Type Owner User
APN/Parcel ID 026-618-907
Description
Prime location in Payal this retail unit is curently a costume jewellery store contact for more info.</li></ul>
Sale Notes
Prime location in Payal this retail unit is curently a costume jewellery store contact for more info.</li></ul>

Unit 330

Unit Size 1,298 SF
Condo Use Office/Retail
Price $2,499,000 CAD ($1,925.27 CAD/SF)
NOI -
Sale Type Owner User
APN/Parcel ID 026-618-851
Description
Beautiful fixtured retail store in prime Payal location currently a costume jewellery store. Contcat for more info</li></ul>
Sale Notes
Beautiful fixtured retail store in prime Payal location currently a costume jewellery store. Contcat for more info</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 69,208 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Building Class B
Floors 2
Typical Floor Size 1,293 SF
Year Built 2013
Lot Size 0.03 AC
Parking Ratio 10/1,000 SF
Zoning CD - Comprehensive Development

Amenities

  • Signage
Fairly walkable
40/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

chaiiwala
GoodLife Fitness
Anytime Fitness
Quesada
Osmow's
Tim Hortons
RBC Royal Bank
Five Guys
Save-On-Foods
Starbucks
  • Listing ID: 34894085

  • Date on Market: 2025-02-20

  • Last Updated:

  • Address: 8128 128th St, Surrey, BC V3W 1R1

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