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19025 52 Ave 88,812 SF 100% Leased Industrial Building Surrey, BC V3A 8E5 $26,111,532 USD ($294.01 USD/SF)
Investment Highlights
- Modern industrial facility in Cloverdale Industrial Park
- Strategic access to Highway 10, Highway 15, and Fraser Highway
- Court-ordered sale offering strong income potential
- 30-foot clear ceiling height with full sprinkler coverage
- Robust steel-frame construction with 3-phase power
Executive Summary
To a acquire a 100% freehold interest in a modern multi-tenant industrial building located in the Cloverdale Industrial Park in Surrey, BC via the court ordered conduct of sale process. The 88,812 SF building is suitable for manufacturing and warehouse uses and offers 30 foot ceilings. The building appears to be fully occupied however we are awaiting receipt of existing tenancy details and corresponding income.
Property Facts
| Price | $26,111,532 USD | Lot Size | 4.54 AC |
| Price Per SF | $294.01 USD | Rentable Building Area | 88,812 SF |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Court Appointed Sale | Year Built | 2017 |
| Property Type | Industrial | Clear Ceiling Height | 26’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 8 |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Zoning | IL - IL (Light Industrial Zoning) - Allows for light industrial uses | ||
| Price | $26,111,532 USD |
| Price Per SF | $294.01 USD |
| Sale Type | Investment |
| Sale Condition | Court Appointed Sale |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 4.54 AC |
| Rentable Building Area | 88,812 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Clear Ceiling Height | 26’ |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | IL - IL (Light Industrial Zoning) - Allows for light industrial uses |
Amenities
- Courtyard
- Fitness Center
- Mezzanine
- Reception
Utilities
- Lighting
- Water
- Sewer
- Heating
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
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19025 52 Ave
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