Bayview Terrace 13585 16th AvEnuE, units 101 & 102 ...

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For LEASE/SALE

Bayview Terrace 13585 16th Avenue, Units 101 & 102 Surrey, BC Partnership. Performance.

Centrally Located South Surrey Retail/Office Spaces for Lease Exciting new retail opportunity in the heart of the affluent Ocean Park residential community along 16th Avenue. Premises feature excellent exposure along a main arterial surrounded by a dense residential population.

George Richmond, Associate 604.647.1337 [email protected]

Bayview Terrace 13585 16th Avenue, Units 101 & 102 Surrey, BC Property Details Area Unit 101

984 sf

$495,000

Unit 102

1,416 sf

$695,000

2,400 sf

$1,190,000

Total

Location Available

These brand-new units are located on the corner of 16th Avenue and 136th Street in the newly completed Bayview Terrace. Ten residential units above and located across from an elementary school, this neighbourhood mixed-use centre is exposed to approximately 12,000 vehicles per day.

Lease Rate

Ocean Park

Immediately

$30 psf

Operating Costs $8 psf (estimate)

Parking

27 shared parking stalls

Ocean Park is a residential community within South Surrey, British Columbia. It is located west of White Rock and south of Crescent Beach. Large trees, established homes along with several new developments, excellent schools, high household income and a separate shopping district create a distinct sense community. Ocean park has several parks, two schools and generally quiet tree-lined residential streets with single detached homes. Businesses in the community are located along 16th Avenue, which is the main thoroughfare for the area.

Building -- Brand-new mixed-use development -- Pylon signage on 16th Avenue

Zoning

CD, permitting a wide variety of retail and office uses

Traffic Count

Approximately 12,000 vehicles per day

-- Serving the prestigious communities of South Surrey and the White Rock peninsula

Area Tenants Ray Shepherd Elementary, Safeway, BC Liquor store, Cobs Bread, CIBC, BMO, RBC, Subway, Little Caesars Pizza, Tim Hortons, Mac’s, Home Hardware, Insurance, Medical/Dental Offices and many more.

Demographics Estimates and projections

1 km

3 km

5 km

Total population (2013)

5,313

31,418

71,138

Total population (2016)

5,708

34,019

76,541

Total daytime population

3,086

22,117

60,831

470

6,433

25,084

Average household income (2013)

$143,577

$122,015

$119,896

Average household income (2016)

$165,179

$138,191

$136,717

Daytime employees

101

UNDER CONTRACT

102

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20th Avenue

152

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Semiahmoo Shopping Centre

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Bayview Terrace 13585 16th Avenue

Str

16th Avenue / North Bluff Road

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Ocean Park Shopping Centre

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128 th

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148

140th Street

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32ND AVE. DIV.

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160TH STREET

Sunnyside Acres Urban Forest Park

152ND ST.

140TH STREET

Crescent Heights

144TH STREET

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ST.

N DO OY CR

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South Surrey Athletic Park

Sunnyside

Subject Property 13585 16th Avenue NORTH BLUFF ROAD

FINLAY STREET

MARINE DRIVE

16TH AVENUE JOHNSTON ROAD

BUENA VISTA AVE. City Hall

George Richmond, Associate 604.647.1337 [email protected]

STAYTE ROAD

CRESCENT BEACH

Ocean Park

20TH AVENUE

OXFORD STREET

128TH STREET

148TH STREET

24TH AVENUE

WHITE ROCK

SEMIAHMOO BAY CANADA U.S.A.

Avison Young Commercial Real Estate Inc. #2100-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada

avisonyoung.com © 2014 Avison Young (Canada) Inc. 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 (BC) Inc.