For Sale · Industrial

6280 Lapointe Drive Unit# 9, Kelowna

6280 Lapointe Drive Unit# 9, Kelowna, BC V1V1S1

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

94%

Clear height

31 ft

Loading docks

13

About this property

Brand NEW Building. 6280 Lapointe Drive at the Airport. Construction and Landscaping complete. Landlord to provide fit ups for offices, showrooms, lunchrooms and washrooms. #3 and #7 are all the same square feet - 4,097 including Mezzanine #9 - 5,450 Total Square Feet including Mezzanine. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

132,067

Households

50,961

Median income

$64,000

Median age

40.5

Daytime population

193,003

5-yr growth

1.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 6280 Lapointe Drive Unit# 9, Kelowna.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.