
















1/181115 Bernard Avenue, Kelowna, BC V1Y6R3
$38 per sq ft / yr
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
100%
High-profile corner retail premises at the southeast corner of the signalized intersection of Bernard Avenue and Gordon Drive. Approximately 2,394 SF, currently configured as a convenience store, with an open retail area, service counter near the entrance, rear office, storage and an in-suite washroom. The retail area features ample lighting, large windows along the north and west elevations that provide excellent natural light and visibility, and an inviting entrance with double glass doors. Zoned TS1 – Transit Supportive Corridors. Prospective tenants should confirm that their proposed use is permitted. The adjacent office premises at 1117 Bernard Avenue, approximately 1,073 SF, are also offered for lease. Existing tenant to remove improvements and trade fixtures - condition to be confirmed once the Tenant has vacated. Premises is being measured to BOMA standards and the sizing will update once known. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$-0
Cash-on-cash
-1.15%
DSCR
0.94
Going-in cap
5.20%
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
105,360
Households
37,336
Median income
$119,000
Median age
31.7
Daytime population
90,518
5-yr growth
4.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1115 Bernard Avenue, 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.