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High-exposure storefront, pad and strip-mall space

Surrey Retail Space for Lease

A market snapshot of Surrey’s retail sector — representative vacancy, lease-rate ranges, the key areas to focus your search, and a live listing map you can launch below.

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Market snapshot

Surrey retail at a glance.

Representative ranges for orientation only — not verified current data. Your Urban Team Inc. broker confirms live asking rates.

Current vacancy
3.9%
overall retail vacancy across Surrey
Lease rate
$24 – $45 / sq ft
NNN; street-front and mall-adjacent pads at the top
Absorption
Positive
population growth driving food, service and necessity retail

Why Surrey

Why Surrey works for retail.

From the core corridors to the emerging edges, here’s where Surrey’s retail market concentrates.

  • 1Surrey adds more residents each year than any other BC city, and that population growth translates directly into demand for grocery, quick-service and service retail.
  • 2Major regional draws — Guildford Town Centre, Surrey Central, Semiahmoo and the Cloverdale Fairgrounds — give retailers built-in traffic and co-tenancy strength.
  • 3Surrey's arterial grid (King George Boulevard, 152 Street, 104 Avenue, Fraser Highway) offers long stretches of high-visibility retail frontage at rates well below Vancouver and Burnaby.

Key areas — where Surrey’s retail market concentrates

  • Guildford Town Centre

    Regional mall trade area on 152 Street and 104 Avenue — the strongest retail node in Surrey with national anchors and dense surrounding residential.

  • Surrey City Centre / Whalley

    Fast-gentrifying retail corridor around Surrey Central SkyTrain; new street-front retail arriving with each residential tower.

  • Newton

    Established neighbourhood retail along King George Boulevard and 72 Avenue — necessity and service retail with steady traffic.

  • Cloverdale

    Historic town-centre retail plus big-box and highway exposure near Highway 10 and 176 Street; strong community draw.

  • South Surrey / Semiahmoo

    Affluent south Surrey retail around 152 Street and 16 Avenue — higher-end service, dining and boutique retail with strong demographics.

Live listings

Surrey Retail listings for lease.

Browse live Surrey retail commercial-for-lease listings below.

Other Surrey asset classes

Explore the rest of the Surrey market.