Guildford Office Park
15225 104th Avenue, Surrey, BC
For Sale
Property details
- Site area 1.51 acres
- Net rentable area 51,717 sf
- Parking 49 underground stalls and 81 surface stalls
- Zoning C-35 (Downtown Commercial Zone)
- OCP designation High Rise Mixed-Use (Guildford Plan)
- Property taxes (2023) $140,034.56
- Vacancy rate 16.4%
- Stabilized NOI $1,085,555
Opportunity
Avison Young is pleased to present the opportunity to acquire Guildford Office Park at the corner of 104th Avenue and 152nd Street in Surrey. This high-profile, 1.5-acre property is directly across from Guildford Town Centre, a 1.2-million sf super-regional mall with long-term intensification potential. Guildford Office Park is designated for high-rise, mixed-use redevelopment and features strong interim holding income.
Redevelopment Potential
Approved by Surrey City Council in October 2023, the Guildford Plan outlines a comprehensive strategy for the area’s sustainable growth. Within this framework, Guildford Office Park is designated as High Rise Mixed-Use, which supports transit-oriented density through a blend of residential, office and retail spaces.
Development highlights
- Designated up to 3.50 FAR, with opportunity for bonus density given the property’s prominent corner location and surrounding approved developments
- 4 - 6 storey podium with market residential condos above (bonus density may require Affordable Housing components)
- Highly efficient 1.5-acre site with prime frontage
