Business For Sale · Industrial

1515 Westgate Road Unit# 18, West Kelowna

1515 Westgate Road Unit# 18, West Kelowna, BC V1Z3X4

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

87%

Clear height

36 ft

Loading docks

5

About this property

Rare opportunity to lease a highway-exposure end-cap on Westgate Road. This prominent commercial unit offers excellent Highway 97 visibility, large storefront windows and ample onsite parking for customers and staff. Join an established business community with neighbours. C4 Service Commercial zoning allows for a variety of uses. Approximately 2,700 SF includes 1,800 SF on the main floor and 900 SF on teh second, providing flexibility for your business layout. Located between Ross Road and Bartley Road, across Highway 97 from Traveland RV, the property sits within West Kelowna’s established commercial and service corridor. Combine a highly visible business address with nearby retailers, trades and services. An opportunity to put your business in front of passing highway traffic. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

68,238

Households

32,110

Median income

$90,500

Median age

43

Daytime population

113,667

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 1515 Westgate Road Unit# 18, West 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.