For Sale · Industrial

2300 Hunter Road Unit# 1, Kelowna

2300 Hunter Road Unit# 1, Kelowna, BC V1X6C1

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

91%

Clear height

21 ft

Loading docks

4

About this property

Well-located 3,168 SF industrial unit in central Kelowna featuring beautifully built-out office space with warehouse. The warehouse offers 16' ceilings and a 10' x 10' overhead loading door. The unit includes two washrooms and four exclusive parking stalls. Zoned I1, with convenient access to major routes throughout the city. Additional rent includes power and gas. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

119,468

Households

43,848

Median income

$128,500

Median age

34.9

Daytime population

168,388

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 2300 Hunter Road Unit# 1, 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.