22838 Lougheed Hwy - Freestanding FOR SALE


Maple Ridge, BC V2X 6P6
$4,999,999 CAD
778-900-3913
22838 Lougheed Hwy, Maple Ridge, BC for Sale
$4,999,999 CAD
Freestanding - FOR SALE
1/2
null | 4.65% Cap Rate

22838 Lougheed Hwy
Maple Ridge, BC V2X 6P6


HIGHLIGHTS

  • Easily accessible
  • On major arterial route
  • Close to all amenities
  • Recent upgrades include a new roof and exterior repaint in 2017, plus plumbing improvements in 2026
  • Zoned C3 Town Centre Commercial, allowing for a variety of commercial and service uses

OVERVIEW

This package includes six of nine strata lots that are currently tenant occupied on a long term lease with a local non-profit organization. Triple net lease. The subject space is approximately 9,664 square feet which includes an office area of approximately 8,300 square feet plus common area with an elevator specific to these six units. The two other owner/operators in the complex are a Subway Franchise and a Veterinary Clinic. Recent upgrades include a new roof and exterior repaint in 2017, plus plumbing improvements in 2026.

FOR SALE DETAILS

PRICE

$4,999,999 CAD

PRICE/SF

$517 CAD /SF

CAP RATE

4.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

C3 Town Centre Commercial

APN/PARCEL ID

CUSTOM-3631329

ASK ABOUT THIS PROPERTY

Lynda LawrenceLone Palm ManagementMore Info
778-900-3913

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Lynda LawrenceLone Palm ManagementMore Info
778-900-3913

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.