FOR SALE
20528 & 20580 Lougheed Highway
Maple Ridge, British Columbia
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
