111 - 6385 168th street

Report 13 Downloads 39 Views
FOR LEASE NORTHVIEW PLAZA

#111 - 6385 168TH STREET SURREY, BC

Join Fruiticana 1,200 sf Retail Plaza Available Immediately

SITE

Philip Cheng Senior Associate, Retail 604 640 5827 [email protected]

Suite 700 - 700 West Georgia Street / PO Box 10023, Pacific Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefield.com

FOR LEASE NORTHVIEW PLAZA

#111 - 6385 168TH STREET SURREY, BC OPPORTUNITY

PROJECT

To lease a 1,200 sf retail premises in a new retail shopping plaza located on the southwest corner of 64th Avenue and 168th Avenue.

The subject property is comprised of 25,500 square foot retail premises in six separate buildings on a site of 2.30 acres. Access and egress to the property will be on both 64th Avenue and 168th Street. There will be 116 parking stalls for a parking ratio of 4.55 stalls per 1,000 square feet.

LOCATION The property is located in the affluent and rapidly expanding Cloverdale community of Surrey. This area in particular, has undergone rapid residential development recently and the neighbourhoods consist primarily of new single family units and townhomes. The average household income for 2018 within a one kilometer radius of the property is estimated to be $135,151 per annum. 64th Avenue is an extremely busy arterial route connecting Surrey to Delta, New Westminster and Richmond via Highway 91 (Annacis Highway and the Alex Fraser Bridge) to the west and to Langley to the east. 168th Street is also a major arterial route running north/south through Surrey. The average daily traffic count on this controlled intersection is approximately 45,600 per day (City of Surrey 2009).

1 KM

3 KM

5 KM

2015 Population

7,356

25,615

106,671

2018 Population (est.)

7,371

27,001

112,533

$135,151

$120,578

$117,897

DEMOGRAPHICS

2018 Household Income (est.)

ASKING RATES

ZONING

Basic Rent Additional Rent

C-5

$38.00 psf $13.30 psf (2017)

Philip Cheng Senior Associate, Retail 604 640 5827 [email protected]

E.&O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield Ltd. 02/17 bg