4,000 ft2
$1,399,000
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:60329)
Property Details
MLS® Number
|
10333227 |
Property Type
|
Industrial |
Neigbourhood
|
West Kelowna Estates |
Building
Size Interior
|
4,000 Ft2 |
Type
|
Other |
Land
Acreage
|
No |
Current Use
|
Industrial |
Size Total Text
|
Under 1 Acre |
Zoning Type
|
Unknown |
https://www.realtor.ca/real-estate/27841148/2476-westlake-road-unit-100-west-kelowna-west-kelowna-estates