Overview
Sitings Realty Ltd. and Colliers Macaulay Nicolls are pleased to offer, on behalf of Rockcliffe Estates Ltd., the 100% fee simple interest in Logan Creek Plaza, a highly coveted retail plaza located at 20175 Langley Bypass in Langley, B.C. Strategically situated at the corner of the Langley Bypass and 201A Street, Logan Creek Plaza boasts a lineup of powerhouse retailers, including Club16 by Trevor Linden Fitness, Sleep Country Canada, and Jordan’s Flooring. The project comprises 47,507 square feet of retail space across three buildings, situated on 5.36 acres of land. The surrounding area is one of the most vibrant retail communities in Metro Vancouver, with the Willowbrook Commercial District offering unparalleled accessibility, situated in between Highway No. 1 and the US border. Furthermore, the area is poised for significant growth, with two SkyTrain stations scheduled to open less than 1 kilometer away, enhancing accessibility and future value. This unique investment opportunity offers a strategic location, credit tenants, potential income growth, and proximity to future developments in the heart of the Fraser Valley.
Highlights
- Prime Acquisition
Rare opportunity to acquire a prominent retail plaza in the highly coveted area of Willowbrook in Langley, B.C. - Strategic Location
High visibility and accessibility, with proximity to major highways and transportation routes - Growing in Numbers
Willoughby-Willowbrook is the largest neighbourhood by population in Langley and currently experiencing rapid residential growth - Optimal Design
Well designed layout to accommodate a variety of tenants and uses. Ample customer parking and exposure to the Langley Bypass with over 37,000 (2016) vehicles per day - Strong Tenant Mix
Strong mix of national and local tenants, including Club16 by Trevor Linden Fitness, Sleep Country Canada and Jordans Flooring - Strong Draw
High profile anchor, Club16 Trevor Linden Fitness, attracts a steady stream of customers to the plaza on a daily basis - Potential Income Growth
The shopping plaza is fully leased and there is a strong prospect of increasing revenue over time - Future Upside
The SkyTrain extension to Langley is currently under construction, with two stations planned to be located near Logan Creek Plaza. Local governments are actively planning land use changes in the surrounding area, which are expected to bring significant benefits and development opportunities to the community
Details
- Property Type: Open-Air Shopping Plaza
- Municipal Address: 20175 Langley Bypass, Langley, BC
- Rentable Area: 47,507 SF
- Site Size: 233,482 SF (5.36 Acres). A portion of the site is affected by a creek.
- Site Coverage: 20%
- Zoning: CD-1 (Comprehensive Development Zone)
- OCP: Service Commercial
- Year Built: 1999
- Tenancies: Club 16 by Trevor Linden Fitness, Sleep Country Canada, Jordans Floors
- Projected Actual NOI (June 2025 – May 2026): $1,087,656
- Occupancy: Fully Leased
- Parking: 207 parking stalls (4.35 stalls per 1000 SF of rentable area)
Anchor Tenants
Inquiry Form
Logan Creek Plaza