For Lease · Office

3131 Lakeshore Road Unit# 306, Kelowna

3131 Lakeshore Road Unit# 306, Kelowna, BC V1W3S9

$28 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

90%

About this property

Position your business in Kelowna's sought-after Lower Mission with 893 SF of third-floor office space at 3ONE, a boutique mixed-use development at the corner of Lakeshore Road and K.L.O. Road. Ideal for businesses seeking a modern, professional workspace, this opportunity combines a desirable location with the convenience of surrounding amenities. The space offers flexibility to accommodate a variety of office configurations, including private offices, collaborative work areas, and client meeting spaces, allowing businesses to create a workspace suited to their needs. At the heart of 3ONE is a beautifully landscaped open-air courtyard featuring retailers, food, and service providers in a vibrant community setting—amenities employees can enjoy just steps from the office. Offering on-site parking, elevator access, convenient public transit, and close proximity to Mission Park Shopping Centre, Urban Fare, Starbucks, Okanagan College, Gyro Beach, and Pandosy Village. This desirable Lower Mission location provides exceptional convenience for both employees and clients. With construction progressing rapidly, this is an opportunity to secure office space within one of the Okanagan's most anticipated boutique mixed-use developments. (id:66811)

Financial sandbox

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Estimate
Purchase price$28
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

1.47%

DSCR

1.08

Going-in cap

5.98%

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

128,832

Households

54,142

Median income

$97,000

Median age

33.7

Daytime population

144,937

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 3131 Lakeshore Road Unit# 306, 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.