1/12480 Royal Avenue, Kelowna
480 Royal Avenue, Kelowna, BC V1Y5L3
$39 per sq ft / yr
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Asset Class
Specialty
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
84%
Year Built
2021
About this property
Rare leasing opportunity in Kelowna’s highly sought-after Pandosy corridor. Offering up to 2,366 SF of ground-floor space with flexible demising options from 712 SF, this Worman-built property is ideally suited for medical, medical-adjacent, and professional office users. The property benefits from on-site parking, excellent exposure, and direct access to Kelowna General Hospital, making it an exceptional opportunity in one of the city’s most desirable commercial locations. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-1
Cash-on-cash
-5.69%
DSCR
0.69
Going-in cap
3.83%
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
93,868
Households
34,631
Median income
$95,500
Median age
43.3
Daytime population
97,809
5-yr growth
9.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 480 Royal 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.