For Lease · Industrial

1110 Stevens Road Unit# 201, West Kelowna

1110 Stevens Road Unit# 201, West Kelowna, BC V1Z1E9

$16 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

82%

Clear height

36 ft

Loading docks

8

About this property

Unit #201 – 1110 Stevens Road, West Kelowna Newly improved second-floor commercial space featuring an open-concept layout and large windows providing plenty of natural light. A unique rear roll-up door opens the back of the unit, offering added flexibility and fresh air. The property includes a common-area washroom, ample onsite parking and excellent signage exposure from Highway 97. Conveniently located approximately five minutes from downtown Kelowna. Open-concept second-floor space Large windows with abundant natural light Rear roll-up door Newly improved Common-area washroom Onsite parking Excellent Highway 97 signage exposure Low additional rent Available immediately (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.39%

DSCR

0.92

Going-in cap

5.13%

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

112,117

Households

50,247

Median income

$114,000

Median age

34.7

Daytime population

182,413

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 1110 Stevens Road Unit# 201, West 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.