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$45.5 per sq ft / yr
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
84%
Rare opportunity to lease a standalone drive-thru in the heart of West Kelowna. Located at 3620 Gellatly Road, this approximately 2,619 SF building offers an existing drive-thru configuration, excellent exposure and convenient access to Highway 97. The property features substantial existing restaurant infrastructure, including 600-amp, three-phase electrical service, two gas-fired rooftop HVAC units, a dedicated gas-fired make-up air unit and an existing kitchen grease trap. Situated within a high-traffic commercial corridor surrounded by established national retailers, restaurants, services and growing residential neighbourhoods. Zoned C1 – Urban Centre Commercial, the property is ideally suited for a quick-service restaurant, cafe; or other food and beverage operator looking to establish a presence in this sought-after West Kelowna location. Contact the listing agents for further information or to arrange a viewing. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$-0
Cash-on-cash
-1.36%
DSCR
0.93
Going-in cap
5.13%
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.
Trade area within 3 miles of the property.
Population
46,803
Households
16,489
Median income
$79,000
Median age
40.8
Daytime population
66,686
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3620 Gellatly Road, West Kelowna.
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.