2898 190th Street SuRREy, BC

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192 Str e et

For sale

2898

190th Street surrey, BC

Partnership. Performance.

A rare opportunity to acquire 9.14 acres of Business Park land in the Campbell Heights Business Park.

Michael Farrell, Principal 604.646.8388 [email protected] Joe Lehman, Senior Associate 604.757.4958 [email protected]

Garth White*, Principal 604.757.4960 [email protected] *Personal Real Estate Corporation

2898

190th Street surrey, BC

Property Details

The Opportunity

Municipal Addresses

A rare opportunity to acquire almost 10 acres of redevelopment land in Campbell Heights. The property is designated Industrial Business Park (IB) in the current Official Community Plan. This zone is intended to accommodate business parks consisting of light impact industrial uses, office and service uses.

2898 190th Street, Surrey, BC

Legal Description

Section 21, Township 7, Plan 15837, NWD, Parcel A, Legal Subdivision 9

The Location

Property ID

The subject property is located along 192nd Street, offering 313’ of frontage in prestigious Campbell Heights industrial area. Easy access is available to Highways 99 & 15, as well as Highway 10 to the north. In addition, the US Border Crossing is minutes away to the south.

004-536-495

Site Size

9.14 acres net of 190th Street RoW

Asking Sale Price

Aerial Photo

$9,500,000

Property Taxes

Immediate

Zoning

A-2 (Intensive Agricultural)

190th Street

Availability

192nd Street

$1,082.02 (2015)

313’

Local Area Plan Designation

Business Park

Site Features

1,284’

-- Excellent geotechnical conditions -- Low property tax base -- Limited off-site development costs

28th Avenue

-- Very few existing trees -- Two road frontages -- Potentially subdividable into two lots -- Adjacent to new 700,000 plus sf development

27th Avenue

Sample Concept 1 -- Two multi-tenant buildings

-- 6,100 sf typical unit size

-- Dock and grade loading with each bay

-- 140,000 sf of building area

-- 50’ x 125’ standard dimensions

-- Over 220 parking stalls

560.00’

594.00’ 125.00’

125.00’

46.00’

114.62’

Sample Concept 2 -- Two single-tenant buildings

-- 110,000 sf per building

-- 8 dock & 4 grade level doors per building

-- 220,000 sf total floor area

-- Building dimensions: 270’ x 421’

-- Over 200 parking stalls

421.00’

137.52’

421.00’

270.00’

270.00’

28.62’

Owner/user Developer PENDING transaction or sold subject property

The above transactions include pending sales and the information is deemed to be accurate to the best of our knowledge.

Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada

© 2016 Avison Young. All rights reserved. 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 Avison Young Commercial Real Estate (B.C.) Inc.; DBA, Avison Young.