Terrace Plaza (For Sale)

Property Highlights

SOLD: $10,700,000

• Fully stabilized 32,000 sq. ft. asset across from Capilano Mall, with great access to three arterial roadways.
• Sitting on 2.62 acres of land with potential to add value through rental increases and additional buildings.
• Our team was the transaction broker on both the purchase and sale, and worked closely with the Vendor and the Purchaser.
• The purchaser has successfully increased the value of the centre by 150% with increasing rents and additional development.

TENANTS:

• Fargo’s
• MediCentre
• Pharmacy
• H&R Block
• Rehab Med
• Subway
• Panago