SOLD: Colliers is pleased to present Peninsula Crossing, a retail strip centre located at 2370-2390 152nd Street in South Surrey. The asking price is $3,300,000, representing a 5.0% cap rate.
- Prime South Surrey retail investment opportunity
- 6,455 SF corner retail centre anchored by 7-Eleven
- Significant holding income with rental rate upside
- Popular, high-traffic, high exposure, corner location
- Secure long-term retail asset in rapidly growing residential area
- The lot size is 22,508 sq ft
- 2012 Net Operating Income: $166,168
Please contact Simon Lim or David Taylor for further information.