for sublease - Form Retail
FOR SUBLEASE
FOR SUBLEASE
15150 56TH AVENUE SURREY, BC
Future Development Panorama Marketplace
54a Avenue
152 Street (25,237 VPD)
Pa n
or am
aD
riv
e
148 Street
UNIT 101 - 15150 56 AVENUE SURREY, BC
56 Avenue (21,780 VPD)
SUBJECT SITE
DERICK FLUKER*
604 638 2125 [email protected] FORM RETAIL ADVISORS
JORDAN CURTEANU 604 638 2124 [email protected]
*Personal Real Estate Corporation *Personal Real Estate Corporation
FOR SUBLEASE 15150 56TH AVENUE SURREY, BC
HIGHLIGHTS • Excellent exposure to 21,780 vehicles per day along 56th Avenue/Hwy 10 • Easy access/egress off 56th Avenue • Close proximity to major intersection of 56th and 152nd Street, and to major traffic generating tenants including IGA, McDonalds, Starbucks, and Shoppers Drug Mart • Ample surface parking adjacent to premises • Pylon signage on 56th Avenue THE OPPORTUNITY The subject site is located in the community of Newton in Surrey, BC. Newton accounts for over 25% of the citys’ population and is home to a variety of educational, recreational and cultural facilities including The Bell Centre for Performing Arts and the Newton Cultural Centre. The community is also home to Kwantlen Polytechnic University, which currently has an enrollment of over 19,000 students. The demographics for the subject site’s primary trade area demonstrate positive trends with residential growth of approximately 10% over the last five years, and an average household income of $115,087 (2016). The area is projected to continue to expand for the foreseeable future with growth rates predicted to be approximately 8% from 2016 - 2021. ACCESS/EGRESS Right in - Right out from 56th Avenue Signalized intersection on 56th Avenue & 152nd Street TRAFFIC COUNTS 21,780 vehicles per day along 56th Avenue TOTAL LEASEABLE AREA 5,000 square feet
RENTAL RATE $44.00 psf per annum
ZONING CD (Comprehensive Development)
ADDITIONAL RENT $13.22 psf (2016)
POSSESSION & EXPIRY DATE Possession available for December 10, 2016, headlease expires September 30, 2019.
PYLON SIGN RENTAL $200.00 per month
FORM RETAIL ADVISORS
FOR SUBLEASE 15150 56TH AVENUE SURREY, BC
SITE PLAN 56 Avenue
FORM RETAIL ADVISORS
FOR SUBLEASE FOR SUBLEASE 15150 56TH AVENUE SURREY, BC
15150 56 AVENUE SURREY, BC
3 km radius 5 km radius 10 min drive
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORMRETAIL.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors inc.
FORM RETAIL ADVISORS
2016 ESTIMATES
3 KM
5 KM
10 MIN
Population
28,895
108,951
193,520
Households
8,263
32,009
58,463
$115,087
$113,967
$109,844
Average Household Income
FOR SUBLEASE
15150 56TH AVENUE SURREY, BC
Future Development Panorama Marketplace
54a Avenue
152 Street (25,237 VPD)
Pa n
or am
aD
riv
e
148 Street
UNIT 101 - 15150 56 AVENUE SURREY, BC
56 Avenue (21,780 VPD)
SUBJECT SITE
DERICK FLUKER*
604 638 2125 [email protected] FORM RETAIL ADVISORS
JORDAN CURTEANU 604 638 2124 [email protected]
*Personal Real Estate Corporation *Personal Real Estate Corporation
FOR SUBLEASE 15150 56TH AVENUE SURREY, BC
HIGHLIGHTS • Excellent exposure to 21,780 vehicles per day along 56th Avenue/Hwy 10 • Easy access/egress off 56th Avenue • Close proximity to major intersection of 56th and 152nd Street, and to major traffic generating tenants including IGA, McDonalds, Starbucks, and Shoppers Drug Mart • Ample surface parking adjacent to premises • Pylon signage on 56th Avenue THE OPPORTUNITY The subject site is located in the community of Newton in Surrey, BC. Newton accounts for over 25% of the citys’ population and is home to a variety of educational, recreational and cultural facilities including The Bell Centre for Performing Arts and the Newton Cultural Centre. The community is also home to Kwantlen Polytechnic University, which currently has an enrollment of over 19,000 students. The demographics for the subject site’s primary trade area demonstrate positive trends with residential growth of approximately 10% over the last five years, and an average household income of $115,087 (2016). The area is projected to continue to expand for the foreseeable future with growth rates predicted to be approximately 8% from 2016 - 2021. ACCESS/EGRESS Right in - Right out from 56th Avenue Signalized intersection on 56th Avenue & 152nd Street TRAFFIC COUNTS 21,780 vehicles per day along 56th Avenue TOTAL LEASEABLE AREA 5,000 square feet
RENTAL RATE $44.00 psf per annum
ZONING CD (Comprehensive Development)
ADDITIONAL RENT $13.22 psf (2016)
POSSESSION & EXPIRY DATE Possession available for December 10, 2016, headlease expires September 30, 2019.
PYLON SIGN RENTAL $200.00 per month
FORM RETAIL ADVISORS
FOR SUBLEASE 15150 56TH AVENUE SURREY, BC
SITE PLAN 56 Avenue
FORM RETAIL ADVISORS
FOR SUBLEASE FOR SUBLEASE 15150 56TH AVENUE SURREY, BC
15150 56 AVENUE SURREY, BC
3 km radius 5 km radius 10 min drive
FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORMRETAIL.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors inc.
FORM RETAIL ADVISORS
2016 ESTIMATES
3 KM
5 KM
10 MIN
Population
28,895
108,951
193,520
Households
8,263
32,009
58,463
$115,087
$113,967
$109,844
Average Household Income
