Nova Place 13511 to 13551 102nd Ave Surrey, BC

Stanley Chiu* +1.604.812.3537 [email protected] *Personal real estate corporation

Howard Mak*, mba +1.604.785.7687 [email protected] *Personal real estate corporation

Justin Chiu* +1.604.649.6761 [email protected] *Personal real estate corporation TELUS TD

104 Avenue Nova Place Surrey City 33,112 ft2 Site Area HSBC� C-8 Commercial Zone Hall Office & Retail Building Surrey City Centre London Drugs Plaza 104 City Centre NOVA PLACE Library Safeway Downtown Van - 40 mins New Westminster - 12 mins 13511 to 13551 102nd Ave Burnaby Metrotown - 23 Mins Burnaby Brentwood - 40 mins Lougheed Town Centre - 26 mins Nova Place is located in the heart of the Central Downtown North Vancouver Int’l Airport - 75 mins District of Surrey - a compact, highly walkable area of Surrey Vancity Save-On less than one square kilometer envisioned to facilitate Canadian major economic, cultural and institutional exchange. Rec Centre Surrey Central Bus Loop University Drive University Ranmore Tire Guildford - 17 mins Earmarked with the highest approved densities in Surrey Centre Fleetwood - 17 mins

King George Boulevard George King City Centre (7.5 FAR with potential for up to 9.0 total Newton - 25 mins Dollarama FAR), the Property’s immediate surroundings will offer Cloverdale - 45 mins

City Pkwy City a vibrant civic, educational, entertainment and cultural Whalley Blvd South Surrey - 49 mins focus where local offices and institutional sector White Rock - 54 mins RBC employees, students and residents can enjoy a network of pedestrian-oriented amenities. Together with the 102 Avenue Centre Block Simon Fraser University campus expansion, the area will Simon Fraser Central Downtown Whitespot enjoy a significant presence of student activity and high Unversity High Density Mixed-Use pedestrian volume. High-Rise Development CIBC 7.5 FAR & up to 9.0 Total FAR The Property’s close proximity to the Surrey Central Bus (248,350 ft2 to 298,008 ft2 of GBA) Loop and the Expo Line makes it unique. The existing Central City bus loop will be reconfigured to an on-street transit Shopping exchange complete with a ‘merchant zone’ walkway with active ground floor retail. The planned expansion of the Mall BMO Staples Skytrain down Fraser Highway to Langley makes the Property conveniently accessible throughout the GVRD T&T 84 90 84 and ideal for a future high-rise development. Old Yale Rd Supermarket Townsquare

2 13511 to 13551 102nd Avenue Holland 13511 to 13551 102nd Avenue 3 Park King George Centre City Centre Surrey-Langley Skytrain Extension Project The proposed 16 kilometre extension project will connect the Expo land area Line at to Langley Centre through Fleetwood acres Guildford and Cloverdale/Clayton. The Project will include the construction 1,354 of 8 new stations along Fraser Highway, 3 bus exchanges and 55 Skytrain vehicles, making Surrey Central the epicenter of the Fraser Valley population household income 26,945 residents $58,761 avg per yr

Clayton Surrey City Centre demographics 41% 40% 37% Fleetwood 29%

17% 13% 15% Newton 8%

Cloverdale 0-19 20-34 35-65 65+ 12,012 dwelling units amenities Lanley 140+ Shops & Services

4 13511 to 13551 102nd Avenue 13511 to 13551 102nd Avenue 5 Nova Place Site Overview Nova Place

Location Surrey City Centre Current Improvement Address 13511 to 13551 102 Ave Surrey Existing Use 2 storey mixed-use Legal Description LOT 145, SECTION 27 BLOCK 5 NORTH RANGE 2 WEST Year Built 1973 NEW WESTMINSTER DISTRICT PLAN 43129 Gross Building Area 20,500 ft2 2 Parcel Identifier 006-680-658 Net Leasable Area 17,954 ft Tenant Mix office & retail Site Area 33,112 ft2 Ground Floor Retail 4 units | 10,148 total ft2 OCP City Centre Central Business District Second Floor Office 10 units | 7,797 total ft2 Building Potential Mixed-Use High Rise - Residential / Office / Institutional Anchor Tenant scotia bank OCP Density 7.5 Base FAR | 9.0 Total FAR with 20% Density Bonus Building Inspection report complete (2020) 2 2 Buildable Area 248,340 ft | 298,008 ft with Bonus NOVA PLACE Parking at Grade 55 stalls Environmental Phase 1 complete Stabilized NOI ~$350,500 per annum Gross Taxes (2020) $191,839.21 Assessed Value 2020 Assessment Year contact sales agents Land $25,017,000 Asking Price:

Improvement This communication is not intended to cause or induce breach of an existing agency agreement and has been $70,000 prepared by Gammon International for advertising and general information only. Gammon International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. The recipient of this information should undertake Total $25,087,000 their own inquiries as to the accuracy of the information provided herein

6 13511 to 13551 102nd Avenue 13511 to 13551 102nd Avenue 7 Stanley Chiu President, Gammon International personal real estate corporation +1.604.812.3537 [email protected]

Howard Mak, mba Vice President, Investment Sales & Marketing personal real estate corporation +1.604.785.7687 [email protected]

Justin Chiu Vice President, Gammon International personal real estate corporation +1.604.649.6761 [email protected]

Nova Place

13511 to 13551 102nd Avenue