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Tsawwassen Corner Shopping Centre 1215 56th St 28,010 SF 96% Leased Retail Building Delta, BC V4L 2A6 For Sale

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Investment Highlights

  • Significant income growth potential from upcoming lease escalations and rollover.
  • 28,010 square feet open-air shopping centre with daily-needs tenants, providing stable, resilient cash flow.
  • Fully leased to a strong blend of national and local tenants— including Shoppers Drug Mart, Tim Hortons, VanCity, Bosley’s, Liquor Quicker, and more.
  • Rare, high-exposure corner site in affluent Tsawwassen with strong NOI upside and substantial long-term redevelopment potential.

Executive Summary

Marcus & Millichap’s Western Canada NNN Group is pleased to present the exclusive opportunity to acquire Tsawwassen Corner Shopping Centre, a 28,010 SF open-air retail centre anchored by Shoppers Drug Mart.
*Contact Listing Agent for Price and Cap Rate*

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
28,010 SF
Building Class
B
Year Built/Renovated
1967/2002
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
1.96 AC
Zoning
C1 - Core Commercial
Parking
50 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
203’ on 56th St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,153 SF
  • Retail
  • End Cap
  • Jul 2026

An opportunity to lease 1,153 SF of well-located retail space in the heart of Tsawwassen’s urban centre (the “Subject Unit”), situated within a high-exposure, dailyneeds-oriented shopping centre anchored by Shoppers Drug Mart. The Subject Unit is ideally positioned along the prominent intersection of 56 Street and 12 Avenue, Tsawwassen’s primary commercial corridor, benefiting from strong visibility, consistent vehicular traffic, and excellent accessibility.

Space Size Space Use Position Available
1st Floor 1,153 SF Retail End Cap Jul 2026

1st Floor

Size
1,153 SF
Space Use
Retail
Position
End Cap
Available
Jul 2026

1st Floor

Size 1,153 SF
Space Use Retail
Position End Cap
Available Jul 2026

An opportunity to lease 1,153 SF of well-located retail space in the heart of Tsawwassen’s urban centre (the “Subject Unit”), situated within a high-exposure, dailyneeds-oriented shopping centre anchored by Shoppers Drug Mart. The Subject Unit is ideally positioned along the prominent intersection of 56 Street and 12 Avenue, Tsawwassen’s primary commercial corridor, benefiting from strong visibility, consistent vehicular traffic, and excellent accessibility.

Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Blenz Coffee
Starbucks
Thrifty Foods
Royal Bank of Canada
TD Canada Trust
BMO
Anytime Fitness
Tim Hortons
Save-On-Foods
Scotiabank
  • Listing ID: 37862075

  • Date on Market: 9/29/2025

  • Last Updated:

  • Address: 1215 56th St, Delta, BC V4L 2A6

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