For Sale · Industrial

310 Hiram Walker Court Unit# 105, Kelowna

310 Hiram Walker Court Unit# 105, Kelowna, BC V4V2L7

$725,000 total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

98%

Year Built

2021

Clear height

20 ft

Loading docks

11

About this property

Functional, tenanted industrial strata unit in a modern concrete tilt-up building. This ground-floor space features a front retail/reception area, private office, washroom, and cooler room; offering a turnkey, income-producing opportunity with a stable, long-term tenant in place through December 31, 2031. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$725K
Down payment30% · $218K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$45K

Annual cash flow

$4K

Cash-on-cash

2.00%

DSCR

1.11

Going-in cap

6.14%

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

81,662

Households

33,354

Median income

$91,000

Median age

42.9

Daytime population

135,062

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 310 Hiram Walker Court Unit# 105, 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.