3,168 ft²Industrial$29.63/sf/yrSublease
3,168 ft²
Industrial
$29.63/sf/yr
Sublease
Praveen Bajaj
Century21 Coastal Realty Ltd
Sub-lease opportunity in the highly sought-after Newton Industrial market of Surrey. Uses permitted are light impact industry, recycling depots, driving schools, industrial equipment rental, taxi dispatch office, industrial first aid training, trade school, warehouse use, distribution center, Office uses limited to engineering & surveying, general contractor, government offices and utility company offices. Possession available January 1, 2024. Sub-lease expiry February 28, 2027. 3 to 5 years renewal option thereafter directly with the head landlord. Basic Rent increases by $1.00 PSF on March 1 every year. No flooring product, automotive repair, oil change, or auto-washing business is allowed.
The Space
Base Rent$22.00/sf/yr
Additional Rent$7.63/sf/yr
Available Space3,168 ft²
AvailableImmediately
Suite Number206
Floor1
Lease TypeSublease
Service TypeNet
Lease ExpiryFeb 28, 2027
MLS® IDC8052065
ZoningCD
Bay Doors1
Year Built1993
Ceiling Height22'0"
Operating Cost ($/sf/yr)$7.63/sf/yr
SourceDirect
The Building
Sub-lease expiry February 28, 2027. 3 to 5 years renewal option thereafter directly with the head landlord. Basic Rent increases by $1.00 PSF on March 1 every year [Lease anniversary date].
Property TypeIndustrial
Floors1
Lot Size3,168 ft²
Additional Listings at7728 128 Street, Surrey, BC
Up to $500K for British Columbia businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
