For Lease · Industrial

2307 Enterprise Way Unit# 103, Kelowna

2307 Enterprise Way Unit# 103, Kelowna, BC V1X7C1

$27.5 per sq ft / yr

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

95%

Clear height

19 ft

Loading docks

12

About this property

This I2 zoned property is ideally located along Enterprise Way in Kelowna's automotive cluster. There is front access to the shop, with a 12 foot overhead door, and main reception area. The layout is ideal for a reception, office and workshop storage. 200 amp power is available. There are 3 designated parking spots in front of the unit with a large parking lot with over 40 spots customers and staff. The workshop is heated. This unit is perfect for any automotive oriented business. (id:66811)

Financial sandbox

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Estimate
Purchase price$28
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

3.65%

DSCR

1.20

Going-in cap

6.64%

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

68,644

Households

25,748

Median income

$89,500

Median age

45.3

Daytime population

97,676

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 2307 Enterprise Way Unit# 103, 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.