33850 Industrial Avenue
Abbotsford, British Columbia
FOR SALE
- Building area Warehouse/office building: 66,650 sf | Storage building: 14,400 sf | Total: 81,050 sf
- Site size Total site area: 6.31 acres | Hydro & SRY ROW: 2.59 acres | *Majority of the ROW can be utilized for storage and yard area
- Tenancy Northwest Rubber has operated out of the facility since 1996, and have recently extended their lease for an additional seven-year term, which expires on December 31, 2032.
- PID 006-158-684
- Legal description Lot 19 Except: Part Dedicated Road on Plan BCP22216; District Lot 207 Group 2 New Westminster District Plan 39615
- Property taxes (2025) $217,994.07
- Zoning I2 (General Industrial Zone) permits a wide range of industrial uses including, but not limited to warehouse, distribution, manufacturing, building supply and automotive.
- Net income & lease details Please contact the listing team
- Asking price $21,500,000
OPPORTUNITY
33850 Industrial Avenue features an extremely rare opportunity to acquire a low-site coverage freestanding industrial property with a strong covenant tenant in-place and mid-term development potential.
The property is comprised of 81,050 sf of building area on 6.31 acres and features outstanding exposure to Highway 11.
KEY HIGHLIGHTS
Industrial investment opportunity, with long-term re-development upside
Long-term lease in-place with a strong covenant tenant
Market rents in place with growth over term
Manufacturing style facility with high-end office finishings
Multiple grade level loading doors and dock level platform
Yard area allows for outside storage and truck parking
Location
The property is situated on the south side of Industrial Avenue and features premium exposure to Highway 11 in one of Abbotsford’s primary industrial nodes. This strategic location is just six-minutes from Highway 1, offering convenient access to major transportation routes and nearby amenities.
