for lease | retail 13811 central avenue surrey, bc

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FOR LEASE | RETAIL 13811 CENTRAL AVENUE SURREY, BC

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ff 4,875 SF Strategically Located Retail Space in Surrey City Centre Location

The Premises are located on the northwest corner of Central Avenue (formerly 103 Avenue) and 138A Street, just two blocks east of the major north/south arterial King George Boulevard, and half a block south of the major east/west arterial 104 Avenue (11,420 VPD). These are two of busiest streets in all of Surrey, which border Surrey’s primary commercial business district. Surrey City Centre, has had the highest annual population growth rate of all Surrey municipalities, averaging 5.1% over the last 10 years, and is predicted to become second only in size to Vancouver with over 1 million residents. This Surrey City Centre area has seen significant public and private investment translating into Central City Shopping Centre as well as the new Civic Centre development made up of: Surrey City Hall, Simon Fraser University, Performing Arts Centre, Library, thousands of new condo units built and in the development permit process, as well as the new civic events plaza. The City of Surrey, connected to major regional destinations by SkyTrain and future light rail transit, supports continued densification all around this immediate area. It is now home to major retailers, office users, and universities. The City‘s vision is to develop it into a walkable, transit-oriented downtown core for business, cultural, and entertainment activity. This commuter-friendly location will not only attract repeat customers due to ease of accessing an abundance of on-site, surface parking, as well as convenient skytrain access, but it will also help the our future tenant attract employees who want an easy commute to affordable housing near their workplace.

Andrea Fletcher

D 604.630.3398 C 604.763.2188 andrea.fletcher@lee–associates.com

Sebastian LP Espinosa

Personal Real Estate Corporation

D 604.630.3396 C 604.783.8139 sebastian.espinosa@lee–associates.com

475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | leevancouver.com

In partnership with

FOR LEASE | RETAIL 13811 CENTRAL AVENUE SURREY, BC Highlights

Features

ff Close to 100 lineal feet of corner bulkhead to install signage

ff One 12’ x 12’ overhead dock loading door

ff 3 blocks east of Central City Skytrain station (Wal-mart, SFU, City Hall)

ff 3 phase power

ff 13 exclusive parking stalls, plus 2 barrier free parking stalls and 2 loading dock parking stalls

ff Two loading bays, one with leveler

ff C–35 zoning allows for a wide range of retail, wholesale and office tenancies

Availability

Available Space

January 2018

4,875 SF

Demographics (Within 5 km)

Basic Lease Rate

2016

2021 Estimate

Population

209,000

223,048

$12.50 PSF

Average Household Income

$85,134

$99,298

Average Number of Household

69,875

74,225

Additional Rent (2017 Estimate)

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Central Ave/103 Ave

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Simon Fraser University

SUBJECT

104 Ave

Surrey Central Station

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11,420 VPD

$4.75 PSF

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102 Ave Central City Shopping Centre

In partnership with

Andrea Fletcher

D 604.630.3398 C 604.763.2188 andrea.fletcher@lee–associates.com

Sebastian LP Espinosa

Personal Real Estate Corporation

D 604.630.3396 C 604.783.8139 sebastian.espinosa@lee–associates.com

Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 10/19/17.

475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | leevancouver.com