The Malcom Centre Listing Details & Market Data

1505-1517 56 Street, Delta, BC V4L 2

  • For Sale $4,500,000
  • Property Type Retail - Strip
  • Property Size 6,229 SF
  • Units 7
  • Lot Size 16,502 Acre
  • Date Updated Feb 21, 2024
Lee & Associates is pleased to present the opportunity to acquire a fully leased retail strip mall with prominent exposure along 56th Street. The property offers a great opportunity for rental income appreciation with rezoning and long-term redevelopment potential.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • Long-term redevelopment potential
  • Below market retail rental rates, upside on potential lease renewals
  • All short-term leases in place
  • 100% leased well-maintained property
  • High exposure location provides potential for increased density
  • Favorable C1 Core Commercial zoning in the City of Tsawwassen’s retail neighbourhood
  • Highly sought-after surrounding amenities
  • Ample on-site parking

Contacts

broker

Mitch Ellis

Lee & Associates - Vancouver

(604) 630-3383

Location

Getting Around

  • Walk Score ®

    Very Walkable (82)
  • Transit Score ®

    Some Transit (42)
  • Bike Score ®

    Bikeable (54)
Powered by Walk Score ®
  • City Delta, BC
  • Neighborhood Tsawwassen
  • Postal Code V4L 2

Points of Interest

  • Richmond–Brighouse

    9.98 miles

  • Shell

    0.09 miles

  • Chevron

    0.38 miles

  • FLO

    0.40 miles

  • Petro-Canada

    0.42 miles

  • FLO

    0.78 miles

  • Tesla Supercharger

    0.81 miles

  • FLO

    0.96 miles

  • ChargePoint

    1.06 miles

  • Shell

    1.10 miles

  • Petro Canada

    1.27 miles

  • 12th Avenue Entrance Parking Lot

    0.64 miles

  • RV & Boat Storage

    1.16 miles

  • 64th Street Trail Access

    1.71 miles

  • Employee Parking

    2.88 miles

  • 72nd Street Trail Access

    2.89 miles

  • Employee Parking

    2.94 miles

  • Long Term Parking

    2.95 miles

  • Short Term Parking

    3.13 miles

  • Student Parking Lot

    3.97 miles

  • Ladner Park and Ride

    3.98 miles

  • Dairy Queen

    0.03 miles

  • Pizza Hut

    0.05 miles

  • Pho Fresh

    0.12 miles

  • Browns Socialhouse

    0.18 miles

  • Eko-ya Sushi

    0.22 miles

  • Pizza Factory

    0.24 miles

  • Subway

    0.25 miles

  • Domino's

    0.27 miles

  • Peek A Boo Japanese Bistro

    0.29 miles

  • Best Garden Restaurant

    0.30 miles

  • Thrifty Foods

    0.36 miles

  • Meridian Farm Market

    0.38 miles

  • Save-On-Foods

    0.50 miles

  • Newman's Fine Foods

    0.53 miles

  • Tsawwassen Mills

    0.89 miles

  • Saks Fifth Avenue

    0.89 miles

  • Walmart

    0.99 miles

  • Marshalls

    0.99 miles

  • Canadian Tire

    1.19 miles

  • Tsawwassen Quay Market

    3.16 miles

Contact Listing Broker

broker

Mitch Ellis

Lee & Associates - Vancouver

(604) 630-3383