March 18, 2022
We are pleased to provide you with a review of our construction progress as of December 31, 2021, for NationWide IV Self Storage & Auto Wash located at 2337 King George Boulevard (the “South Surrey Property”).
The South Surrey Property is a high-profile, highly visible, 51,345 sq. ft. property that will feature a combination self-storage and car wash facility.
The state-of-the-art, 80,000 sq.ft. self-storage building will have 3 above-ground levels and 2 levels of a basement below. It will feature modern architecture and design, enterprise-level built-in security, and a keyless smart access system controlled via an app on your phone.
Located on the same Property, the car wash will be an environment-friendly, 4,000 sq.ft., 140’ EDT (Exterior Detail Tunnel) system called Express Auto Wash.
As we know, supply and demand are important when building a business. Surrey’s population growth rate is currently surpassing Vancouver’s growth, creating dense traffic, lack of housing and services such as car washes and self-storage in the catchment area surrounding our South Surrey Property.
Offering easy access off King George Blvd and 24th Ave intersection, this South Surrey/White Rock property is near upcoming neighborhood developments occurring in the region and is only minutes away from one of the largest retail corridors in the Lower Mainland.
To download the full construction review, click here.
Please note, going forward all investor updates will be provided as of June 30th and December 31st each year. The next June 30th update will be provided on or before July 31, 2022.
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THE ABOVE INFORMATION IS SPECIFIC TO NATIONWIDE IV SELF STORAGE & AUTO WASH TRUST AND ITS PROPERTY AT 2337 KING GEORGE BOULEVARD, SOUTH SURREY, BC.
This information is general in nature and does not constitute an offer to sell or an advertisement, solicitation, or recommendation to buy securities. Nothing on these pages constitutes investment, legal or tax advice, nor was it prepared in consideration of the investment objectives, financial situation, particular needs of any specific recipient. There can be no assurance that investments will perform as or be of the quality anticipated. There are risks associated with any investment.