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Surrey industrial property sold for $4.65M

The 2.25-acre lot is zoned for light industrial use
enterprise way
 
An industrial property in Surrey has sold for $4.65 million, Avison Young tells Western Investor.
 
The off-market transaction includes 2.25 acres of land, zoned for light industrial use. The property includes a warehouse, built in 2004. A purchaser looking to relate their business approached Avison Young to source an unlisted property. The sale completed on January 17, 2018 and had an assessed value of $3.6 million. 
 
The property is located at 19260 Enterprise Way, Surrey. 
 

Breakdown: 

 
Price: $4,650,000
Lot Size: 2.25 acres 
Property Type: Industrial 
Zoning: IL 
2017 B.C. Assessment Value: $3,602,600
Date of Sale: 01/17/2018
City: Surrey    
Province: B.C. 
Name of Brokerage: Avison Young Commercial Real Estate 
 

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