For Lease · Specialty

52 Front Street, Penticton

52 Front Street, Penticton, BC V2A1H1

$15.11 per sq ft / yr

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

94%

About this property

Bright, contemporary end cap lease space in desirable Front Street in downtown Penticton. Approximately 2,000 sq ft, it is currently set up as modern office space but has many different options for your use. Large windows, glass partitioned office space makes this a great place to work. C5 zoning allows for flexibility with uses ranging from services (Health, Financial, Legal, Real Estate, etc.), office, retail and more. Fabulous location close to retail, financial institutions, restaurants etc. You'll be in the heart of the action on Colourful Front Street. The Exposure of this end unit makes this location attractive for your business. Additional parking is available. Call today for more information. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$15
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

2.27%

DSCR

1.12

Going-in cap

6.22%

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

107,242

Households

46,529

Median income

$92,000

Median age

41.1

Daytime population

150,482

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 52 Front Street, Penticton.

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.