Shopping Malls for Sale near Surrey

Surrey Retail for Sale - Surrey/Langley

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-02-20

Surrey Retail for Sale - Surrey/Langley

Opportunity to acquire a 101,833 sf grocery anchored neighbourhood shopping centre, fully leased to a mix of 18 national and regional tenants and situated on 6.90-acres of prime redevelopment land at a prime intersection in the City of Surrey. Strong redevelopment potential - Designated within the Guildford Neighbhourhood Concept Plan (NCP) allowing flexible options for residential concrete or wood-frame construction Central location - Situated at a prime intersection in a densely populated, amenity-rich neighbourhood with convenient access to major transportation routes including Trans-Canada Highway directly from 108th Avenue, along with Guildford Town Centre, the future Surrey-Langley SkyTrain, and Surrey City Centre Site attributes - Large rectangular shape with four road frontages, offering efficiency and economies of scale, and phenomenal views overlooking the North Shore mountains and the Fraser River. Increased income potential - Significant upside as current average rents are over 50% below market and there is potential to build additional pads Multiple value add strategies - The Property offers 6.90 acres of land and allows for both a full or a phased re-development. The site bifurcates and allows the Purchaser to focus on re-developing the eastern portion of the site and repositioning the western portion of the centre

Date on Market:

2025-02-14