For Lease · Specialty

810 Clement Avenue Unit# 102, Kelowna

810 Clement Avenue Unit# 102, Kelowna, BC V1Y7C9

$26 per sq ft / yr

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

83%

About this property

I2-zoned industrial flex space located in the Powerhouse development in downtown Kelowna. Unit 102 features 22-foot clear ceiling heights, an open mezzanine, a 10' x 12' grade-level loading door, and a two-piece washroom. The unit offers excellent signage exposure along Clement Avenue and is conveniently located near a variety of entertainment, services, and recreational amenities. Two assigned parking stalls are included. Available immediately. (id:66811)

Financial sandbox

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Estimate
Purchase price$26
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.31%

DSCR

1.02

Going-in cap

5.63%

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

139,570

Households

59,491

Median income

$104,000

Median age

45.2

Daytime population

206,235

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 810 Clement Avenue Unit# 102, 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.