For Lease · Specialty

2330 Highway 97S Highway S, Westbank

2330 Highway 97S Highway S, Westbank, BC V4T3J6

Price on request

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

91%

About this property

Exciting pre-leasing opportunity in the heart of Westbank Shopping Centre with a brand-new commercial build scheduled for completion in 2027. Situated directly adjacent to the high-traffic Tim Hortons and Wendy’s drive-thru, this prime location offers outstanding exposure, strong foot traffic, and effortless access in one of the fastest-growing communities in British Columbia. The upcoming building offers approximately 10,000 sq. ft. of flexible commercial space (final square footage to be confirmed upon completion), making it ideal for a wide variety of retail, restaurant, or professional service tenants. Secure your position in this major retail hub and contact the listing agent today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

142,557

Households

55,102

Median income

$118,500

Median age

36.5

Daytime population

177,588

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 2330 Highway 97S Highway S, Westbank.

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.