Prospera Credit Union | 13747 104th Ave
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Prospera Credit Union 13747 104th Ave
7,225 SF Retail Building Surrey, BC V3T 1W6 For Sale
Investment Highlights
- Owner-Occupier Opportunity: The Subject Property is vacant, allowing immediate access for a wide range of uses.
- Flexible C-35 (Downtown Commercial Zone): Allows for a wide range of permitted uses including a variety of retail.
- Prominent Growth Market: Enjoys proximity to essential daily-needs retail services, major upcoming development projects, and universities.
- Central Location: High-profile corner location along 104 Avenue within a 10-minute walk of Surrey Central Station access.
- On-Site Parking & Access: Features ample surface parking and dual access points.
- Bare Trust: Property is held in a bare trust, offering opportunity to complete a share purchase.
Executive Summary
The Subject Property represents a rare opportunity to acquire a centrally located and high-profile freestanding single-level commercial building, with underlying development potential. The Subject Property is positioned within the rapidly evolving Surrey City Centre and in close proximity to the Surrey Central Station (10-minute walk); it is comprised of a 7,225 SF retail building on a 31,950 SF corner lot.
The Subject Property is well suited for a variety of users with modern, renovated improvements and multiple convenient access points from both 104 Ave and Whalley Blvd. The in-place zoning supports a wide range of high in-demand uses including medical services, restaurants, day care centres, religious, and cultural activities.
Situated in a high-growth node, within 1 KM, the area has experienced population growth of 12.2% (2022-2027), and the population is expected to grow by an additional 15% by 2030. This growth will be supported by three upcoming master plan communities, three active construction sites, and eleven projects in the pre-construction stage. Positioned just north of King George Boulevard and 104 Avenue, a major thoroughfare with access to over 34,550 vehicles per day, the Subject Property is an attractive opportunity for owner-occupiers, developers, and investors.
The Subject Property is well suited for a variety of users with modern, renovated improvements and multiple convenient access points from both 104 Ave and Whalley Blvd. The in-place zoning supports a wide range of high in-demand uses including medical services, restaurants, day care centres, religious, and cultural activities.
Situated in a high-growth node, within 1 KM, the area has experienced population growth of 12.2% (2022-2027), and the population is expected to grow by an additional 15% by 2030. This growth will be supported by three upcoming master plan communities, three active construction sites, and eleven projects in the pre-construction stage. Positioned just north of King George Boulevard and 104 Avenue, a major thoroughfare with access to over 34,550 vehicles per day, the Subject Property is an attractive opportunity for owner-occupiers, developers, and investors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,225 SF
Building Class
B
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Land Acres
0.73 AC
Zoning
C-35
Parking
31 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
123 FT on 104th Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (87)
Bike Score ®
Very Bikeable (76)
Nearby Major Retailers
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Prospera Credit Union | 13747 104th Ave
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