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6870 KING GEORGE BOULEVARD, Surrey, British Columbia, V4A 5A4

MLS® # C8074331
new listing
Commercial For Sale In Newton, Surrey, British Columbia
$23,800,000 QuickQuoteTM: Not Available

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6870 KING GEORGE BOULEVARD, Surrey, British Columbia, V4A 5A4
$23,800,000

Property Information:

COURT ORDERED SALE. Hyland Creek Plaza is a high-exposure commercial retail plaza fronting directly onto King George Boulevard in the heart of Newton Town Centre. This property offers 30,979 SF of fully leased retail/commercial space with a strong mix of long-standing tenants, including Surrey Supermarket, Pine Lighting, Greatway Financial, Amber Surrey Restaurant, and Greco's Specialty Foods. The property generates strong holding income with a great cap rate supported by established tenants and consistent cash flow. The site is designated Low-Rise Mixed Use in the Newton Town Centre OCP, supporting future redevelopment potential. Exceptional exposure along King George Blvd offers prime visibility, high traffic counts, and strong signage opportunities. A rare opportunity to acquire a cash-flowing retail plaza with long-term redevelopment upside in a rapidly growing Surrey corridor. ALL OFFERS SUBJECT TO COURT APPROVAL - CALL NOW FOR MORE INFORMATION. (id:27)

Building Features:

  • Style: Retail
  • Amenities: Storage - Locker

Property Features:

  • Property Type: Retail
  • Storage Type: Outside Storage, Storage

Courtesy of: RE/MAX Blueprint

REALTOR.ca  

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Market Price Trends

All Properties

0.78%

Price change (1 year)

47.07%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 6870 KING GEORGE BOULEVARD, Surrey, British Columbia, V4A 5A4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 6870 KING GEORGE BOULEVARD , experiences 7 hot days per year at around 28.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 31.6 degrees Celsius.

Projected Avg. Temperature

Past
28.3℃
2050
31.6℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

94/100

High

ClimateCheck®

Current data

This property, 6870 KING GEORGE BOULEVARD , experiences 12 significant 2-day storms per year, with about 554.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 640.2mm of precipitation per year.

Precipitation Per Storm

Past
554.7mm
2050
640.2mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 6870 KING GEORGE BOULEVARD, Surrey, British Columbia, V4A 5A4

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$88,609.77

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.0 %

High school certificate or equivalent

41.21 %

Apprenticeship trade certificate/diploma

7.05 %

College/non-university certificate

14.4 %

University certificate (below bachelor)

1.04 %

University Degree

16.31 %

Commuter

Travel To Work

By Car

73.78 %

By Public Transit

18.98 %

By Walking

3.11 %

By Bicycle

0.0 %

By Other Methods

4.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.48 %

Houses

75.52 %

Own Vs. Rent

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