SL9 8140 120 STREET
Surrey, British Columbia
MLS® C8077214
$2,499,999
- Status
- Active
- Property type
- Retail
- MLS® number
- C8077214
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 3Listing description
Secure a high-profile investment at the iconic Scott Plaza with this 2,596 sq. ft. prime retail unit.
Currently leased to a global powerhouse brand, Dairy Queen, this is a "set-and-forget" asset for the savvy investor seeking long-term security. The property features a stable, hands-off tenancy until 2029, with the true value-add potential lying in the future renewal options at prevailing market rates. This is a rare "Time-Capsule" investment: buy today at a strategic price adjustment and capture significant rental upside as the area continues to densify.
Positioned on the high-traffic 120th Street corridor, you are steps from Superstore, Best Buy, TD, and RBC, benefiting from hundreds of shared parking spots and elite transit via Scottsdale Exchange. Acquire a national-tenant-occupied unit in Surrey's most active commercial hub at an attractive entry point. Perfect for legacy wealth building and hedging against inflation on Scott Road.
Property summary
- MLS® number
- C8077214
- Property type
- Retail
- Days on market
- 165 days
What would this home cost you?
Based on the $2,499,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty of Canada, Inc., Surrey.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.