- What A 2-acre parcel in Surrey, B.C., has hit the market for $18.8m
- Why The parcel is pitched as prime industrial development land
- What Next Royal LePage Elite West has the assignment
Auto shop “99” Truck Parts & Industrial Equipment is floating a 2-acre industrial land parcel in Metro Vancouver for $18.8m, Green Street News can reveal.
The property, at 12905 and 12993 King George Boulevard in Surrey, is zoned for light industrial. Royal LePage Elite West has the marketing assignment.
The campaign notes the property’s highly sought-after location and potential for future redevelopment or as an investment. The owner is also open to a short-term lease.
The property is in an industrial area of the city, with King George Boulevard being one of Surrey’s busiest thoroughfares. It is about 20 km southeast of downtown Vancouver and 4 km west of Highway 1.
With 630,000 residents, Surrey is the second-largest city in British Columbia and makes up a large portion of the Metro Vancouver area.