20528 & 20580 Lougheed Highway

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Address: Washington, DC 20528, USA
Created date: November 21, 2024
Date last updated: November 21, 2024
  • 100% fully leased, well-maintained property
  • New full-term leases in place
  • Rental growth with triple net leases
  • Secure long-term income from strong covenant tenants
  • Long-term redevelopment potential
  • Identified by TransLink’s Transport 2050 as a location for future transit investment
  • Prime location within the Lougheed Transit Corridor Plan in the City of Maple Ridge
  • Municipal laneway access

Property Description

Avison Young is pleased to present the opportunity to acquire a fully leased medical service-oriented strip center with prominent exposure along Lougheed Highway. The subject property is well-maintained and consists of 13,817 net rentable square footage. The site is currently zoned C-2 & CD-1-92 and is designated as Flexible Employment in the Lougheed Transit Corridor Plan. This is a great opportunity for rental income appreciation with rezoning and long-term redevelopment potential.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1
Lot Size: 13,817.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 20528 & 20580 Lougheed Highway, Maple Ridge, BC V2X 2P8, Canada
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