Property Details

INDUSTRIAL COMPLEX FOR SALE
Asking Price: $11,400,000

2714 Highway 97N, Kelowna

Description:

25,424sf± of leasable area in two buildings on 1.48± acres of I2 Industrial zoned land with 220ft± of Highway 97N frontage, built in 2003, this versatile layout features 11 rear bay doors and nine front bay doors, 53± on-site parking stalls plus additional exclusive yard rental area, recent leases/renewals range between $18.50/sf – $20.00/sf net, remaining leases range between $11.50/sf – $14.25/sf and expire before February 2025, Diversified tenant mix with nine rental units, Offered at $11,400,000 [Under $450/sf± leasable building area], asking price will equate to 4.3% CAP once average net rents climb to $19.28/sf

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Count on Corporate Accord Realty to provide you with the service you expect for your Kelowna Commercial Real Estate investment, lease and sale requirements. We also serve the entire Okanagan.

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