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33850 Industrial Ave 81,050 SF Industrial Building Abbotsford, BC V2S 7T9 $15,712,929 USD ($193.87 USD/SF)
Investment Highlights
- Industrial investment opportunity, with long-term redevelopment upside
- Market rents in place with growth over term
- Multiple grade-level loading doors and docklevel platform
- Long-term lease in-place with a strong covenant tenant
- Manufacturing style facility with high-end office finishings
- Yard area allows for outside storage and truck parkin
Executive Summary
33850 Industrial Avenue features an extremely rare opportunity to acquire a low-site coverage freestanding industrial property with a strong covenant tenant in-place and mid-term development potential. The property is comprised of 81,050 sf of building area on 6.31 acres and features outstanding exposure to Highway 11
Property Facts
| Price | $15,712,929 USD | Rentable Building Area | 81,050 SF |
| Price Per SF | $193.87 USD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1958 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.19/1,000 SF |
| Building Class | C | Clear Ceiling Height | 17’ |
| Lot Size | 6.31 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | I2 - General Industrial Zone | ||
| Price | $15,712,929 USD |
| Price Per SF | $193.87 USD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 6.31 AC |
| Rentable Building Area | 81,050 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Tenancy | Single |
| Parking Ratio | 0.19/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I2 - General Industrial Zone |
Utilities
- Lighting
Contacts
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Garth White -
Joe Lehman -
Ryan Kerr -
Bryn Cartwright -
Avison Young Commercial Real Estate
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33850 Industrial Ave
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