For Sale · Industrial

6280 Lapointe Drive Unit# 3, Kelowna

6280 Lapointe Drive Unit# 3, Kelowna, BC V1V1S1

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

99%

Clear height

36 ft

Loading docks

5

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
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

137,730

Households

61,424

Median income

$96,500

Median age

43.7

Daytime population

176,734

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 6280 Lapointe Drive Unit# 3, 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.