WALMART SUPERCENTRE ANCHOREDWESTGATE SQUARE12499 88TH AVENUE, SURREY, BC

FOR LEASE

Cody BuchamerAssociate, Retail Services604 608 5999cody.buchamer@cushwake.com

Suite 700 - 700 West Georgia Street / PO Box 10023, Pacifi c Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefi eld.com

DEMISING OPTIONS AVAILABLE ON LAST REMAINING UNIT

NEW RETAIL DEVELOPMENTJOIN LIQUOR DEPOT & BARCELOS FLAME GRILLED CHICKEN

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1,538SQ.FT.

30'-8" 46'-8" 30'-8" 46'-8" 30'-8" 15'-4"

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FOR LEASEWALMART SUPERCENTRE ANCHOREDWESTGATE SQUARE - 12499 88TH AVENUE, SURREY, BC

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OPPORTUNITY To lease retail space in a new 15,000 sf development at the entrance to a Walmart Supercentre. The last remaining unit of 1,538 sf can be demised into units as small as 714 sf.

LOCATIONLocated adjacent to SmartCentre’s Surrey West Shopping Centre on 88th Avenue, in Surrey BC, this property sits on 1.45 acres. The site off ers ample parking to the south, and is bordered by the Walmart parking lot to the north, and retail units to the west. Directly to the east is the main mall access road which provides access to the site and SmartCentre’s Walmart Development.

The City of Surrey is home to over 508,000 residents, and is expected to reach 535,340 by 2016. 88th Avenue is one of the City’s major thoroughfares, linking it east to Langley, and west to Highway 91 which travels into Richmond and Vancouver. This building off ers unparalleled exposure to 88th Avenue.

This area has seen revitalization with recent retail developments along 88th Avenue. Area tenants include Walmart, Shoppers Drug Mart, Save On Foods, Tim Hortons, Dollar Tree, Boston Pizza, ScotiaBank and CIBC, just to name a few.

PARKINGThis development has direct access to 81 parking stalls (5.4 stalls per 1,000 sf) and a parking agreement with SmartCentre’s allows access to over 540 more stalls throughout the whole development.

SIGNAGEThe building off ers extensive fascia signage and 2 large pylon signs(Entrance to the centre and along 88th Avenue)

ACCESS/EGRESSThe development has a fully controlled intersection at the main Mall Access road and 88th Avenue and two other entry and exit points throughout the development.

ZONINGCD Comprehensive DevelopmentBylaw NO. 17865

UNIT SIZES1,538 sf

LEASE RATES$35.00 psf net

ESTIMATED TAXES & OPERATING COSTS$12.50 psf (2018)

TRAFFIC COUNTS (2017)Average weekday count, 24 hours

88th Avenue: 38,600 vehicles per day

Over 17,000 vehicles enter/exit the shopping centre per day

AREA DEMOGRAPHICS

Cody BuchamerAssociate, Retail Services604 608 5999cody.buchamer@cushwake.com

DEMOGRAPHIC INFORMATION 1 KM 3 KM 5 KM

TOTAL POPULATION 2017 7,474 112,781 247,791

PROJECTED POPULATION 2018 7,627 116,218 258,780

PROJECTED POPULATION 2020 7,700 118,245 265,219

AVERAGE HOUSEHOLD INCOME (2015) $88,573 $82,692 $83,373

% OF HOUSEHOLDS WITHCHILDREN AT HOME 2015 63.40% 58.40% 55.50%

WALMART SUPERCENTRE ANCHOREDWESTGATE SQUARE12499 88TH AVENUE, SURREY, BC

FOR LEASE

E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefi eld Ltd. 11/17 gh

Cody BuchamerAssociate, Retail Services604 608 5999cody.buchamer@cushwake.com

90% LEASED - ONE UNIT REMAINING