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.