Address
Sl9 8140 120 Street, Surrey, BC
Price
$ 2,499,999
Property Attributes
  • ID#C8077214
  • TypeCommercial
  • Listing Status Active
  • MunicipalitySurrey
  • CitySurrey
  • AreaSurrey
  • Postal CodeV0V 0V0
  • Style
  • Price$ 2,499,999
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Secure a high-profile investment at the iconic Scott Plaza with this 2,596 sq. ft. prime retail unit. Currently leased to a global powerhouse brand, Dairy Queen, this is a "set-and-forget" asset for the savvy investor seeking long-term security. The property features a stable, hands-off tenancy until 2029, with the true value-add potential lying in the future renewal options at prevailing market rates. This is a rare "Time-Capsule" investment: buy today at a strategic price adjustment and capture significant rental upside as the area continues to densify. Positioned on the high-traffic 120th Street corridor, you are steps from Superstore, Best Buy, TD, and RBC, benefiting from hundreds of shared parking spots and elite transit via Scottsdale Exchange. Acquire a national-tenant-occupied unit in Surrey's most active commercial hub at an attractive entry point. Perfect for legacy wealth building and hedging against inflation on Scott Road. (id:7434)

General Features

Property Type Retail

Interior Features

Building Fireplace Present False

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V0V 0V0

Price
AVG $940K
$2.5M