1/124042 97 Highway, Kelowna
4042 97 Highway, Kelowna, BC V1X7S4
Price on request
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
96%
Clear height
29 ft
Loading docks
8
About this property
Rare opportunity to lease high exposure industrial space along Highway 97. The site has a 1,550 SF building that includes a 12’ overhead door, two-piece washroom, and a nicely finished, open concept interior ideally suited for storage, office or a showroom. There is approximately 15,000 SF of secured, paved yard space. Current estimated Triple Net is approx. $2,000/month. Pylon signage included. All measurements are approximate, please verify if important. Arrange showings with Realtor. Do not disturb current tenant. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$84K
Annual cash flow
$775
Cash-on-cash
0.17%
DSCR
1.01
Going-in cap
5.59%
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
98,116
Households
34,429
Median income
$80,000
Median age
43.2
Daytime population
95,652
5-yr growth
3.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4042 97 Highway, 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.