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$15 per sq ft / yr
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
96%
Clear height
21 ft
Loading docks
11
Brand new industrial strata units at Kyle Road Business Park, ready for immediate occupancy. Units 103 and 104 can be leased on their own or together. Combined, they offer 5,877 SF: 4,194 SF on the main floor and a 1,683 SF mezzanine, plus two grade doors and 7 parking stalls. The units are built with precast concrete and have 28' clear ceilings, polished concrete floors, and a 500 lb/SF ground floor slab (the mezzanine is rated for 100 lb/SF). Each unit has a 12' x 14' grade-level overhead door, ESFR sprinklers, 200A 3-phase 120/208V power, LED lighting and an accessible washroom on the ground floor. Zoned I1. The park is minutes from Highway 97, and trailers and heavy-duty vehicles can get in and out easily. Units can be leased out separately; Unit 103: 2,290 SF main + 919 SF mezzanine = 3,209 SF total. 4 parking stalls. Unit 104: 1,904 SF main + 764 SF mezzanine = 2,668 SF total. 3 parking stalls. Multiple sizes available 2,668 SF up to 27,000 SF +/- (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
2.86%
DSCR
1.15
Going-in cap
6.40%
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
86,942
Households
39,009
Median income
$86,500
Median age
41.7
Daytime population
111,060
5-yr growth
1.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2642 Kyle Road Unit# 103/104, 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.