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FOR LEASE MAJOR RENOVATION WITH RETAIL OPPORTUNITIES UP TO 40,000 SF NEWTON SQUARE | 7093 KING GEORGE BOULEVARD, SURREY, BC SUBJECT SITE King George Boulevard (40,500 VPD) Hall Road 72nd Avenue 68 Avenue 138 Street King George Blvd. JACK ALLPRESS* 604 638 1975 [email protected] MICHAEL HECK 604 398 4379 [email protected] *Personal Real Estate Corporation N

7093 King George Blvd

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Page 1: 7093 King George Blvd

FORM RETAIL ADVISORS INC.

FOR LEASENEWTON SQUARE

7093 KING GEORGE BOULEVARD, SURREY, BCFOR LEASEMAJOR RENOVATION WITH RETAIL OPPORTUNITIES UP TO 40,000 SF

NEWTON SQUARE | 7093 KING GEORGE BOULEVARD, SURREY, BC

SUBJECT SITE

Kin

g G

eorg

e Bo

ulevard

(40

,50

0 V

PD

)

Hall Road

72nd Avenue

68 Avenue

13

8 Street

Kin

g G

eorg

e Blvd

.

JACK ALLPRESS*604 638 [email protected]

MICHAEL HECK604 398 [email protected]

*Personal Real Estate Corporation

N

Page 2: 7093 King George Blvd

FORM RETAIL ADVISORS INC.

FOR LEASENEWTON SQUARE

7093 KING GEORGE BOULEVARD, SURREY, BC

MARKET OVERVIEW• Site is located in the commercial core of the Newton neighbourhood where the City

of Surrey is planning for higher density mixed-use and transit oriented developments along King George Boulevard

• King George Boulevard is a future rapid transit corridor and the Subject Site is located one block from a transit stop

• Newton is currently home to a variety of educational, recreational and cultural facilities including The Bell Centre for Performing Arts and the Newton Cultural Centre.

HIGHLIGHTS• Large format opportunities up to 40,000 SF• Great exposure to 40,500 vehicles per day along King George Highway• Easy all directional access/egress• Ample parking• Primary trade area consists of approximately 40,000 people with household incomes

estimated to be $80,000 per annum and an anticipated growth rate of 6.5% from 2015-2020

ZONINGC-8 (Community Commercial) - Intended to accommodate shopping centre uses. Permitted uses include but are not limited to retail stores, personal service, eating establishments, neighbourhood pubs, liquor store, office, & automotive.

TRAFFIC COUNTSKing George Boulevard: 40,500 vehicles per day

ACCESS/EGRESSAll directional off King George Blvd and Hall Road

OCCUPANCY DATEImmediate to 12 months notice

ADDITIONAL RENT (2017 ESTIMATE)$7.00 PSF

AVAILABLE UNITSUnits from 800 - 40,000 SF

ASKING RATESContact Listing Agent

SUBJECT SITEK

ing

Geo

rge B

lvd

Hall Road

40

,50

0 V

PD

Page 3: 7093 King George Blvd

FOR LEASENEWTON SQUARE

7093 KING GEORGE BOULEVARD, SURREY, BC

FORM RETAIL ADVISORS INC.

SITE PLAN

TG

G

5

ExistingSite Access

ExistingSite Access

ytreporP

eniL

135

str

eet

70a Ave. ExistingSite Access

Lane

Existing Access

Hall road

King

Geo

rge

Hw

y

Property Line

Garbage & Generator

Existing Access

Property Line

3

1

2

Building B800 - 16,437 SF

Building C20,440 - 40,000 SF

Expansion Lands

Building A1,000 -

12,500 SF

Under Negotiation

Page 4: 7093 King George Blvd

FORM RETAIL ADVISORS INC.

FOR LEASENEWTON SQUARE

7093 KING GEORGE BOULEVARD, SURREY, BC

The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors inc.

FORM RETAIL ADVISORS INC. 1280-333 SEYMOUR STREETVANCOUVER, BC V6B 5A6

T 604 638 2121 F 604 638 2122FORM.CA

2016 Estimates & ProjectionsPRIMARY

TRADEAREA

3 KM 5 KM Surrey

Population 39,586 115,217 236,214 518,420

Households 11,397 31,595 67,107 168,739

Average Household Income $79,285 $87,884 $93,705 $95,139

Growth Rate (2015 - 2020) 9.4% 8.8% 7.7% 9.8%

Population Dot DensityPrimary Trade Area

Legend Map

©Copyright 2015 - Tetrad Powered by Sitewise Pro

56 Avenue

Highway 10

Kin

g G

eorg

e Bo

ulevard

SUBJECT SITE

King’s Cross

Centre of Newton

Sullivan Square

Panorama Village

Panorama Place

FOR LEASEMAJOR RENOVATION WITH RETAIL OPPORTUNITIES UP TO 40,000 SF

NEWTON SQUARE | 7093 KING GEORGE BOULEVARD, SURREY, BC

SUBJECT SITE

PRIMARY TRADE AREA