Overview
Sitings Realty and Colliers Macaulay Nicolls are pleased to offer the 100% fee simple interest in The Corner, a highly coveted retail plaza located at 6070 200th Street in Langley, B.C. Strategically situated at the southeast corner of 200th Street and Langley Bypass, The Corner features a very popular Cactus Club Restaurant alongside a busy Dollarama, making it a prominent and highly frequented destination. The project comprises 20,930 square feet of retail space, situated on 1.73 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. Further, the area is poised for significant growth, with two SkyTrain stations scheduled to open less than one 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
- The Corner
The Corner is positioned at one of Langley’s most prominent intersections, surrounded by several of the country’s largest national retailers with frontage along two of the area’s busiest corridors. It stands as one of the most highly visible and recognized properties in the Fraser Valley - 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 is 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 34,900 (2024) vehicles per day - Strong Tenants
Leased to two premier national retailers – Cactus Club Restaurant and Dollarama – both leaders in their respective sectors - Potential Income Growth
The plaza is fully leased and there is a strong potential of increasing revenue over time - Future Upside
The SkyTrain extension to Langley is currently under construction, with two stations planned to be located near The Corner. 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: High exposure retail with surface parking
- Rentable Area: 20,930 SF
- Site Size: 75,320 SF (1.73 Acres)
- Site Coverage: 28%
- Zoning: C2 (Service Commercial Zone)
- OCP: Service Commercial
- Year Built: 2013
- Occupancy: Fully Leased (Cactus Club Cafe and Dollarama)
- Parking: 89 parking stalls (4.25 stalls per 1,000 SF of rentable area)
Anchor Tenants
Inquiry Form
The Corner