For Lease · Industrial

2642 Kyle Road Unit# 107, West Kelowna

2642 Kyle Road Unit# 107, West Kelowna, BC V1Z0C9

$15 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

89%

Clear height

32 ft

Loading docks

4

About this property

Brand new industrial strata units at Kyle Road Business Park, ready for immediate occupancy. Unit 107 is 3,209 SF: 2,290 SF on the main floor and a 919 SF mezzanine, one grade door and 4 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 project is minutes from Highway 97, and trailers and heavy-duty vehicles can get in and out easily. Multiple sizes available 2,668 SF up to 27,000 SF +/- (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$15
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.93%

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

118,747

Households

54,604

Median income

$65,000

Median age

40

Daytime population

145,020

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 2642 Kyle Road Unit# 107, West 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.