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For Lease · Specialty

1055 Victoria Street, Kamloops

1055 Victoria Street, Kamloops, BC V2C2C3

$18 per sq ft / yr

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Asset Class

Specialty

Size

—

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

89%

Year Built

1940

About this property

Approximately 4,757 SF of highly visible commercial space available for lease at 1055 Victoria Street in downtown Kamloops. Previously occupied by Ladies Only Fitness, the premises feature a large open-plan area with high ceilings, extensive glazing, mirrored studio space, reception area, multiple washrooms and showers, changing facilities, laundry area and several additional rooms suitable for offices, treatment rooms or storage. The flexible layout is well suited to another fitness or recreation operator, personal-service business, studio, training facility, retail user or office conversion. C6 (Arterial Commercial) zoning supports a broad range of commercial uses, including indoor recreation, personal services, retail, office, education and training facilities, restaurants and cafés. Situated on an approximately 0.40-acre property with prominent exposure along Victoria Street and convenient access to downtown, transit and major transportation routes. The premises are expected to be vacant and available for occupancy August 1, 2026. Measurements are approximate and should be verified by the tenant. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.99%

DSCR

0.89

Going-in cap

4.94%

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

65,287

Households

22,685

Median income

$95,000

Median age

45.2

Daytime population

92,337

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 1055 Victoria Street, 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.