2nd Floor Strata Units

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For Sale INVESTMENT OPPORTUNITY

2nd Floor Strata Units

18525 53 Avenue, Units 233 & 234 Surrey, British Columbia Property Highlights • Newer, 7-year-old complex • Units are nicely-finished, open-plan concept, situated at the front of the building • Located in the Cloverdale Industrial Park • Excellent tenant mix • 12 parking spaces • Asking price: $985,000

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. dzb/18525-53-Ave-SALE/14Jan2015/dm

For more information: Don MacDonald, CCIM

+1 604 514 6824 [email protected]

Gary Niesner

+1 604 514 6832 [email protected]

5718 Glover Road Langley BC V3A 4H8 +1 604 534 7974 naicommercial.ca

For Sale INVESTMENT OPPORTUNITY

2nd Floor Strata Office Units

General Description & Location

The building is part of a complex, constructed in 2008 as a concrete tilt-up, in Cloverdale’s south industrial area, located near 184 Street with easy access to Highway 10 & 192 Street.

Unit Description

Two nicely-finished, 2nd floor strata units with multiple offices, boardrooms, reception, open work areas, fitness room, kitchen and storage. Both units are designed with an open-ceiling concept and plenty of windows, allowing natrual light throughout. Both units are located at the front of the building, next to the elevator and stairs.

Combined Unit Area

4,693 sf

Unit 233

Unit 234

Zoning

Legal

PL BCS2492 LT 30 LD 36 SEC 4 TWP 8

PID

027-175-898

Area

3,310 sf

Assessed Value

$492,000

2014 Taxes

$7,350.58

Legal

PL BCS2492 LT 31 LD 36 SEC 4 TWP 8

PID

027-175-901

Area

1,383 sf

Assessed Value

$205,400

2014 Taxes

$3,113.07

IL Light Industrial

Permitted uses: light impact industry, recycling depots, transportation industry, automotive services, driving and trade schools, warehouseing, distribution, office use limited to architectural, engineering, surveying, general contractors, government and utility.

Strata Fees

$476.99

Electrical

3-phase 200 amps

HVAC

Central AC with heat pumps

Parking

12 surface spaces

NOI

$59,364.00

2014 Gross Taxes Combined units

$10,463.65 Unit 233

Unit 234

2014 Assessment Breakdown

$307,000 $185,000 $492,000

Comments

Ideal, small investment office strata units fully leased to engineering tenants - fully net leases

Asking Price

$985,000

Land Improvements Total

$128,000 $ 77,400 $205,400

Land Improvements Total

5718 Glover Road Langley BC V3A 4H8 +1 604 534 7974 naicommercial.ca

For Sale INVESTMENT OPPORTUNITY

2nd Floor Strata Office Units

5718 Glover Road Langley BC V3A 4H8 +1 604 534 7974 naicommercial.ca