Property Details

715 Evans Court, Kelowna

Description:

Income-generating industrial building with four bay doors situated just off Highway 97N – 11,236sf± of leasable area on 0.46ac± [20,000sf±] lot – Currently rented to four long-term tenants including residential caretaker suite – Zoned: I2 Industrial – Abundant offsite parking nearby! – Designed to accommodate up to six different tenants (demisable) – Current below market net income: $109,925± (only $9.78/sf) – Offered at $2,740,000 – Under $244/sf± of leasable building area! – Asking price will result in a 6.0% cap if net rents climb to an average of $14.67/sf! – Rent roll available upon a signed Confidentiality Agreement