For Lease · Specialty

100 Kalamalka Lake Road Unit# 43, Vernon

100 Kalamalka Lake Road Unit# 43, Vernon, BC V1T9G1

$17.5 per sq ft / yr

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Asset Class

Specialty

Size

—

Building class

B

Zoning

US — Urban Services

$ / SF

—

Occupancy

96%

Year Built

1946

About this property

Available Immediately! Bright, freshly renovated 1,158 sq. ft. commercial space available for lease in the popular Alpine Commercial Centre, conveniently located at the boundary between Vernon and Coldstream. This clean, modern, open concept unit offers a flexible layout suitable for a variety of business uses. The space features new lighting, T-bar ceiling and an updated washroom, creating a fresh and professional environment ready for your business. Ample customer and staff parking adds convenience for both clients and employees. With its central location serving both Vernon and Coldstream, this versatile space is well suited for a boutique, professional office, studio or other permitted commercial use. Bring your business ideas and make this well located space your own. (id:66811)

Financial sandbox

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Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-0.19%

DSCR

0.99

Going-in cap

5.49%

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

57,476

Households

22,679

Median income

$75,500

Median age

42.7

Daytime population

97,467

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 100 Kalamalka Lake Road Unit# 43, Vernon.

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.