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$34 per sq ft / yr
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
98%
Excellent opportunity to lease a high-profile end-cap retail space in the heart of Kelowna’s Glenmore community. Located within a busy neighbourhood shopping centre anchored by Save-On-Foods, Shoppers Drug Mart and Beem Credit Union, the property offers excellent exposure, convenient access and ample on-site parking. The premises are currently configured with two large fitness/studio rooms, a spacious reception area, three private offices and two in-suite washrooms. The existing improvements are well suited for boutique fitness, health and wellness, medical or allied health practitioners, professional services and a variety of retail/service uses. The space can also potentially be demised to accommodate other tenancy requirements. Take advantage of this opportunity to secure a prominent location in one of Kelowna’s most established and desirable residential communities. Contact the listing agent today for additional information. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$0
Cash-on-cash
0.30%
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.
Trade area within 3 miles of the property.
Population
121,023
Households
45,207
Median income
$93,500
Median age
43.1
Daytime population
163,318
5-yr growth
8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1974 Kane Road Unit# 310, Kelowna.
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.