Additional content

$1,549,999

130 - 18811 72 Avenue, Surrey, BC V4N 6W7

MLS® C8082210

Description

Excellent opportunity to acquire a 1,646 SF tenanted commercial strata unit at "The Corners" in Surrey’s rapidly growing Clayton community. Secured by a 5-year triple-net lease through June 2030, with two additional 5-year renewal options and contractual rental increases. Close to a 4% cap rate! An attractive long-term, secure investment in a newer mixed-use development

Property

Property type

Commercial Sale

Style

Retail

Structure

Mixed Use

Year built

2,022

Ownership

Strata

Strata and restrictions

Strata fee

$586 per month

Costs

Annual property tax

$11,737

Tax year

2,026

Location

Area

Cloverdale

Neighbourhood

Cloverdale BC

Waterfront

No