






1/8495 Banks Road Unit# 202, Kelowna, BC V1X6C3
Price on request
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Asset Class
Office
Size
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Building class
B
Zoning
CO — Commercial Office
$ / SF
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Occupancy
98%
This 1,356 SF second-floor office space offers a clean and practical layout featuring a reception area, four (4) private offices, a boardroom, in-unit kitchenette, in-suite washroom, and storage room. The approximate gross monthly cost is $2,420.46 (including triple nets) per month. This space is well suited for professional or officer users seeking a functional and affordable office space. Located at the quieter end of Banks Road, the property provides a calm working setting while remaining close to Highway 97, surrounded by many amenities which provides tremendous value for the space. The unit comes with ONE (1) designated parking stalls (potential for more) plus plenty nearby street parking. Available immediately. Please Note: Landlord will be completing interior painting similar to AI renderings within the listing brochure (light grey; landlord will not provide painting beyond this). **Ceiling height to be confirmed** (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$86K
Annual cash flow
$3K
Cash-on-cash
0.74%
DSCR
1.04
Going-in cap
5.76%
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
130,160
Households
57,350
Median income
$84,500
Median age
44.5
Daytime population
123,744
5-yr growth
5.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 495 Banks Road Unit# 202, 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.