Exclusive
Address
18398 Fraser Highway Surrey, BC
Price
$ 2,000,000
Property Attributes
  • TypeCommercial
  • CitySurrey
  • Postal CodeV3S 8H6
  • StyleGas Station Portfolio
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9269
Data Source:
Property Description

Property Highlights High exposure corner property. • Locate in the growing and very popular neighborhood of Clayton Heights, Cloverdale. • 4 min drive from Clayton Heights shopping center featuring national retailers such as Shoppers Drug Mart, Tim Hortons, Starbucks, Save on Foods and more. Tenancy Details • Fully leased to gas station operator (Husky) • 5-year lease with options to renew. • NNN lease ( all expenses paid by tenant) • Escalating NNN rents every 5 years. • Phase 1 environmental. • Tenant has first right of refusal on offer to purchase. GROSS TAXES (2019) $8,484.25  ZONING Gasoline Service Station NOI $72,000 Cap rate 3.6%

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • 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 V3S 8H6