I have sold a property at 72/73 15515 24th AVE in Surrey.
Address Includes Units #72 & 73 15515 24 Ave. Great investment opportunity with potential for a 5% cap rate. This property is located in a great central location with good in/out street access. The current occupant is an automotive repair business that has been operating since 1992 with a good stable flow of clientele. Lease terms for this business may be negotiable, however they are currently discussing a 5year term. This is a well run self managed strata with no major repairs or maintenance for the foreseeable future. Subject space includes front office/reception, repair shop at back/side. 2 x rollup doors can accommodate both small and large vehicles. The business has good value as it is grandfathered in to the existing zoning and strata bylaws. Call for more information.
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