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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
MLS® Listing ID C8062069
Originating Board Fraser Valley Real Estate Board
Property Description
Opportunity in highly sought-after Newton Industrial market of Surrey. Huge exposure on 128th street. Uses permitted are light impact industrial , industrial equipment rental, industrial first aid training, trade school, warehouse use, distribution center, office uses limited to- engineering & surveying, general contractor, government offices and utility company offices. Smoke shop, vape shop, hookah shop, tattoo parlor, cannabis shop or any other businesses like this are NOT permitted. Competing business- billiards/sign shop, mailbox rental/courier service, south Asian restaurant or catering, coffee shop- will NOT be permitted. Basic rent increases by $1.00 per square foot on lease anniversary date. The existing lease term expires February 28, 2027. Two renewal options of 5 years each to be negotiated directly with the Landlord. Sub landlord will not exercise renewal option. Gross monthly rent $4,708.33 + $1,224.17= $5,932.50 + GST (id:24570)
Location
Province BC
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by Century 21 Coastal Realty Ltd.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "