CAP RATE 5.28% + NNN: This strategically positioned & competitively priced 4,000 sqft industrial property zoned I1 is ideal for light industrial operations such as indoor recreation, distribution centers, alcohol production, high-tech industries, retail, and service commercial uses. Currently secured by a long-term tenant with a stable, established business operating for over 8 years and midway through a 3-year lease, this investment offers reliable income. This strata-titled asset is a solid choice for investors seeking dependable returns or business owners looking ahead to future opportunities. Positioned in a high-demand industrial area, this property is ready to serve and perform. (id:2493)
Data was last updated June 21, 2025 at 05:15 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,373,600
Min list price:
$489,000
Max list price:
$6,650,000
Avg days on market:
186
Min days on market:
37
Max days on market:
256
Avg price per sq.ft.:
$425
These statistics are generated based on the current listing's property type
and located in
West Kelowna Estates. Average values are
derived using median calculations.
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