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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
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