FOR SALE

20528 & 20580 Lougheed Highway

Maple Ridge, British Columbia

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20528 & 20580 Lougheed Highway

Fully leased medical centre with exposure along Lougheed Highway

  • Property Type Retail - Strip Center
  • Building size (SF) 13,817
  • Size (Ac) 1.19
  • Zoning C-2 (Community Commercial) & CD-1-92 (Medical Related)
  • 2025 Annual NOI $492,124
  • Price $11,750,000

Opportunity

Avison Young is pleased to present the opportunity to acquire a fully leased medical service-oriented strip center with prominent exposure along Lougheed Highway. The subject property is well-maintained and consists of 13,817 net rentable square footage. The site is currently zoned C-2 & CD-1-92 and is designated as Flexible Employment in the Lougheed Transit Corridor Plan. This is a great opportunity for rental income appreciation with rezoning and long-term redevelopment potential.

Investment Highlights

100% fully leased, well-maintained property

New full-term leases in place

Rental growth with triple net leases

Secure long-term income from strong covenant tenants
Long-term redevelopment potential

Identified by TransLink’s Transport 2050 as a location for future transit investment

Prime location within the Lougheed Transit Corridor Plan in the City of Maple Ridge

Municipal laneway access

Location Map

Brochure

20528 & 20580 Lougheed Highway - Maple Ridge

20528 & 20580 Lougheed Highway - Maple Ridge

Confidentiality Agreement

Team

Gord Robson

Principal
Avison Young
+1 604 647 1331

Ilya Tihanenoks

Principal
Avison Young
+1 604 260 1869

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