For Lease · Industrial

1025 Trench Place Unit# 101&102, Kelowna

1025 Trench Place Unit# 101&102, Kelowna, BC V1Y9Y4

$16 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

87%

Year Built

2006

Clear height

35 ft

Loading docks

3

About this property

1025 Trench Place benefits from a central Kelowna location near established industrial areas, Downtown Kelowna, service-commercial corridors and major transportation connections. The location may support businesses requiring convenient access to customers, employees, suppliers, couriers and delivery routes throughout Kelowna and the Central Okanagan. Its central position is particularly relevant for warehouse, distribution, storage, trades and light industrial operators that value operational convenience without moving to a more distant industrial area. (id:66811)

Financial sandbox

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Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-0.35%

DSCR

0.98

Going-in cap

5.44%

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

134,983

Households

57,998

Median income

$86,500

Median age

31.5

Daytime population

136,195

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 1025 Trench Place Unit# 101&102, 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.