102,590 ft²Retail$30,500,000Sale
102,590 ft²
Retail
$30,500,000
Sale
Connor Eden
Tetra Realty Advisors
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Brand-New Improvements with $43M Replacement Value -Bond-Like Investment Opportunity -Secured by long-term ground leases with Fairfield by Marriott, Tim Hortons, and Canco Petroleum, and an 8-unit NNN retail strip
The Space
Asking Price$30,500,000
Available Space102,590 ft²
Property UseRetail
SourceDirect
The Building - Marriott Hotel, Canco, Tim Hortons
Located at a prominent Highway 1 interchange in the Lower Mainland, Fraser Gateway Centre is a bond-like investment opportunity on 4.46 acres, secured by long-term ground leases with Fairfield by Marriott, Tim Hortons, and Canco Petroleum, and an 8-unit NNN retail strip serving everyday needs tenants. This easily managed property offers a unique opportunity to acquire a newly constructed 102,590 SF centre well below its estimated $43M replacement cost, with the majority of capital investment funded directly by tenants.
Property TypeRetail
Building Size102,590 ft²
Lot Size4.46 AC
Up to $500K for British Columbia businesses
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