7,205 ft²Office / Retail / Other$2,600,000Sale
7,205 ft²
Office / Retail / Other
$2,600,000
Sale
Data Room Access
The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 22332 Lougheed Highway, Maple Ridge, B.C. (the "Subject Property"). The Subject Property presents a unique opportunity to acquire a fully leased, mixed-use asset in the rapidly evolving and densifying Town Centre area of Maple Ridge. Anchored by the corporate covenant of Money Mart, which has over 500 locations across Canada, the Subject Property offers prospective purchasers a secure income stream with a diverse tenant mix that minimizes risk.
The Space
Asking Price$2,600,000
Available Space7,205 ft²
Property UseMixed use
SourceDirect
The Building
Fully leased to a diverse tenant mix of restaurant, financial services, bar, and education centre. Anchored by the corporate covenant of Money Mart Canada Inc., which has over 500 locations across Canada. Located in a strong growth market, Maple Ridge is experiencing a surge in extensive residential and commercial developments. Within 500 metres of SwissReal Group's 6-phase, 7-acre urban development, Era, featuring a mix of residential, office, and retail, including 4 residential towers. Located across from the City’s main retail centre, Haney Place Mall, which was acquired by a developer in 2021. Recent capital expenditures, including a roof replacement in July 2021. Designated as Town Centre Commercial under the OCP, the Subject Property possesses significant development potential with building heights under this designation varying from 3 to 25 storeys.
Property TypeOffice / Retail / Other
Up to $500K for British Columbia businesses
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