Investment Property
Available
12005 238B Street
12005 238B Street, Maple Ridge, BC V4R 1W1 Canada
Building Size
6,523 SF
Built
2007
Building Size
6,523 SF
Built
2007
OVERVIEW
Cushman & Wakefield ULC is pleased to present the opportunity to acquire a well-located, medical-oriented community commercial asset at 12005 238B Street, Maple Ridge, British Columbia.
Constructed in 2007, the property comprises 6,523 square feet of leasable area and is currently 83% occupied by a roster of medical and healthcare professionals. The tenancy benefits from steady demand driven by the surrounding, rapidly growing residential neighbourhood and its close proximity to Ridge Meadows Hospital.
The property is zoned C-2 (Community Commercial), permitting broad range of commercial, professional, and community-oriented uses, supporting long-term tenant demand and asset flexibility. It also provides stable in-place income with defensive characteristics, complemented by longer term redevelopment potential. This combination presents investors with an attractive opportunity to acquire a resilient income producing asset with future value enhancement potential within the expanding Fraser Valley market.
Constructed in 2007, the property comprises 6,523 square feet of leasable area and is currently 83% occupied by a roster of medical and healthcare professionals. The tenancy benefits from steady demand driven by the surrounding, rapidly growing residential neighbourhood and its close proximity to Ridge Meadows Hospital.
The property is zoned C-2 (Community Commercial), permitting broad range of commercial, professional, and community-oriented uses, supporting long-term tenant demand and asset flexibility. It also provides stable in-place income with defensive characteristics, complemented by longer term redevelopment potential. This combination presents investors with an attractive opportunity to acquire a resilient income producing asset with future value enhancement potential within the expanding Fraser Valley market.
Details
- Building Size:
- 6,523 SF
- Sale Price:
- Contact us for pricing
- Year Built:
- 2007