For Lease · Retail

320 TRANQUILLE Road Unit# CRU3, Kamloops

320 TRANQUILLE Road Unit# CRU3, Kamloops, BC V2B3G6

$25 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

98%

Year Built

2026

Lot Size

0.78 ac

About this property

Position your business in one of Kamloops' newest mixed-use developments with this brand new 893 sq. ft. commercial storefront at Innova, located at 320 Tranquille Road. Built by Arpa in 2026, this modern development offers an excellent opportunity to establish your business in a growing neighbourhood commercial corridor. Offered in an open base-shell condition, this versatile space provides a blank canvas to customize to your business needs. Featuring a prominent street-level entrance off Tranquille Road, excellent natural light and impressive ceiling heights, the unit is ideally suited for retail, professional office, café, quick-service restaurant or personal services. Enjoy excellent vehicle and pedestrian exposure, convenient public transit access and proximity to established neighbourhood amenities, including Bright Eye Brewing, 5 Bean Coffee, Red Beard Café, Independent Grocers, the YMCA and nearby parks. On-street parking is available, with additional underground parkade parking offered at an extra cost. CNS zoning allows for a broad range of potential uses, including restaurant, retail, office, assembly, personal services, trade and technology centres, and education and training facilities, subject to applicable approvals. An excellent opportunity to secure brand new commercial space in a modern development and bring your business vision to life. Estimated additional rent $8/sqft. Immediate possession available. (id:66811)

Financial sandbox

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Estimate
Purchase price$25
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$1

Cash-on-cash

7.06%

DSCR

1.38

Going-in cap

7.66%

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

100,460

Households

36,649

Median income

$102,000

Median age

32.3

Daytime population

149,807

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 320 TRANQUILLE Road Unit# CRU3, Kamloops.

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.