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8585 160th St
Surrey, BC V4N 0Y3
 Retail Property For Sale

Drug Stores British Columbia Surrey 8585 160th St, Surrey, BC V4N 0Y3

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EXECUTIVE SUMMARY

To acquire a 100% freehold interest in a fully leased, freestanding multi-tenant commercial/retail property. The building is leased to complementary medical and wellness tenants. The property has long term redevelopment potential based on its Fleetwood Centre designation. Moreover, the property is within 200 metres of the future Fleetwood SkyTrain Station permitting a minimum 5.0 floor space ratio and 20 storey height under the Province of BC's Transit Oriented Areas legislation (Bill 47)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
4,156 SF
Building Class
B
Year Built
2010
Price
$5,985,000 CAD
Price Per SF
$1,440.09 CAD
Cap Rate
2.34%
NOI
$140,000 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.20
Lot Size
0.49 AC
Zoning
CD-16805B
Parking
15 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
57’ on 160th Street

AMENITIES

  • Signage
 

  • Listing ID: 35493968

  • Date on Market: 2025-04-15

  • Last Updated:

  • Address: 8585 160th St, Surrey, BC V4N 0Y3

The Retail Property at 8585 160th St, Surrey, BC V4N 0Y3 is currently available for Sale. Contact NAI Commercial Vancouver for more information.

NEARBY LISTINGS

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