Sl9 8140 120 Street, Surrey
Secure a high-profile investment at the iconic Scott Plaza with this 2,596 sq. ft. prime retail unit. Currently leased to a global powerhouse brand, Dairy Queen, this is a "set-and-forget" asset for the savvy investor seeking long-term security. The property features a stable, hands-off tenancy until 2029, with the true value-add potential lying in the future renewal options at prevailing market rates. This is a rare "Time-Capsule" investment: buy today at a strategic price adjustment and capture significant rental upside as the area continues to densify. Positioned on the high-traffic 120th Street corridor, you are steps from Superstore, Best Buy, TD, and RBC, benefiting from hundreds of shared parking spots and elite transit via Scottsdale Exchange. Acquire a national-tenant-occupied unit in Surrey's most active commercial hub at an attractive entry point. Perfect for legacy wealth building and hedging against inflation on Scott Road. (id:1945)
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Property details for Sl9 8140 120 Street, Surrey
- Type
- Commercial
Nearby Listings Stat
Estimated price and comparable properties near Sl9 8140 120 Street
Active Listings
206
Min Price
$60,000
Max Price
$13,900,000
Avg Price
$1,325,140
Days on Market
99
days
Sold Listings
44
Min Sold Price
$389,000
Max Sold Price
$3,450,000
Avg Sold Price
$1,102,617
Days until Sold
123
days
Neighbourhood Census Data
Surrey, British Columbia / Colombie-Britannique
Population
1,313
Median Age
38.8
Median Income
$34,816
Dwelling Value
$209,617
Housing Tenure
Owners 74%
Renters 27%
Age Distribution
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 12,214.0/km²
Avg Shelter Cost: $1,051/mo
Owners with Mortgage: 77.8%
Owners Spending 30%+: 25.5%
Tenants Spending 30%+: 22.2%
English only: 93.1%
English and French: 3.4%
Neither: 3.8%
Median Household Income: $56,832
Median Employment Income: $38,400
Price History
Listed
March 20, 2026
by eXp Realty of Canada, Inc.
Current Price
$2,499,999
Type
Commercial
For Sale