32490 Simon Av
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32490 Simon Av
15,600 SF 100% Leased Industrial Building Abbotsford, BC V2T 4J2 $7,500,000 CAD ($481 CAD/SF) 2.25% Cap Rate
Executive Summary
The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate
the sale of 32490 Simon Avenue, Abbotsford, B.C. (the “Subject Site”). The Subject Site
presents a rare opportunity to acquire a 1.35 acre site that lends itself to both multifamily
development, and/or an owner/user opportunity with the existing improvements.
the sale of 32490 Simon Avenue, Abbotsford, B.C. (the “Subject Site”). The Subject Site
presents a rare opportunity to acquire a 1.35 acre site that lends itself to both multifamily
development, and/or an owner/user opportunity with the existing improvements.
Property Facts
| Price | $7,500,000 CAD | Lot Size | 1.35 AC |
| Price Per SF | $481 CAD | Rentable Building Area | 15,600 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 2.25% | Year Built | 1970 |
| Property Type | Industrial |
| Price | $7,500,000 CAD |
| Price Per SF | $481 CAD |
| Sale Type | Investment |
| Cap Rate | 2.25% |
| Property Type | Industrial |
| Lot Size | 1.35 AC |
| Rentable Building Area | 15,600 SF |
| No. Stories | 1 |
| Year Built | 1970 |
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Walk Score ®
Walker's Paradise (91)
zoning
| Zoning Code | C4 (Commercial) |
| C4 (Commercial) |
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32490 Simon Av
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