for lease | retail 34261 marshall road abbotsford, bc · 34261 marshall road abbotsford, bc f new...

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S o u t h Fr a s e r Wa y S u m a s Wa y Highway 1 Abbotsf o r d W ay Riverside Rd Marshall Road SUBJECT 475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com FOR LEASE | RETAIL 34261 MARSHALL ROAD ABBOTSFORD, BC f New Retail Development f Grocery Store Anchored f Corner Location with Great Exposure Sean Ogilvie D 604.630.3402 O 604.684.7117 email: [email protected] f Huge Patio and Drive-Thru Potential f 1,500–5,000 SF f Views of Mt. Baker

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Page 1: FOR LEASE | RETAIL 34261 MARSHALL ROAD ABBOTSFORD, BC · 34261 MARSHALL ROAD ABBOTSFORD, BC f New Retail Development f Grocery Store Anchored f Corner Location with Great Exposure

South Fraser Way

Sumas Way

Highway 1

Abbotsford Way

Riverside Rd

Marshall Road

SUBJECT

475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com

FOR LEASE | RETAIL34261 MARSHALL ROADABBOTSFORD, BC

f New Retail Development f Grocery Store Anchored f Corner Location with Great Exposure

Sean OgilvieD 604.630.3402 O 604.684.7117email: [email protected]

f Huge Patio and Drive-Thru Potential f 1,500–5,000 SF f Views of Mt. Baker

Page 2: FOR LEASE | RETAIL 34261 MARSHALL ROAD ABBOTSFORD, BC · 34261 MARSHALL ROAD ABBOTSFORD, BC f New Retail Development f Grocery Store Anchored f Corner Location with Great Exposure

475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com

Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 10/15/18.

GROCERY STORE

LocationAbbotsford is one of the larger cities in the Lower Mainland with a population of 141,000 people. The Abbotsford International Airport now serves over 480,000 passengers annually and the University of the Fraser Valley has a growing student population of 14,000. This is a vibrant community with a strong agricultural base.

The subject property is located in East Abbotsford which has experienced the majority of detached residential growth. Riverside Road connects Marshall Road to South Fraser Way, the two dominant east/west traffic arteries in Abbotsford, making this an accessible location for all of Abbotsford’s residents. Notable tenants in the immediate area include Walmart, Home Depot, The Brick and Costco.

ProjectNew freestanding retail building. The pad will accommodate requirements from 1,500 to 5,000 SF. The building has high ceilings and large fascia areas for front and rear signage. The building has drive-thru and/or patio potential. The centre will be anchored by a new 30,000 SF “No Frills” grocery.

TimingFall 2018

Highlights f Freestanding pad f Corner location f Drive thru potential f Patio potential f Contemporary design

FOR LEASE | RETAIL34261 MARSHALL ROADABBOTSFORD, BC

Demographics 3 km 5 km 10 mins

Total Population 44,870 95,277 105,264

Median Age 40.2 41.0 40.4

Dominant Age 25-29 50-54 50-54

Average Household Income $85,428 $89,236 $88,158

Median Household Income $66,938 $69,853 $68,695

Married Or Living With A Common-Law Partner 55.8% 58.4% 58.6%

Single 27.4% 25.2% 25.1%

Couple Family Households With Children At Home 41.7 43.4 44.2

Environics 2017ZoningC-4, accomodates retail, office, micro brewerys and a wide variety of commercial uses.

Asking Basic RentCall listing agent

Additional Rent (2019 Estimate)$10.00 PSF

Large Patio Area