4,000 ft2
$1,299,000
CAP RATE 5.92% + NNN (Forward Projection): Exceptional value in a high-demand industrial zone. This 4,000 sqft I1-zoned property is ideal for light industrial uses including indoor recreation, distribution, alcohol production, high-tech, retail, and service commercial. Fully leased to a long-standing, reliable tenant operating over 8 years, now midway through a 3-year NNN lease—offering consistent, hands-off income. Strata-titled and competitively priced, this is a smart buy for investors seeking stable returns or business owners planning for future use. Prime location, proven tenant, solid upside—this property delivers. (id:60329)
Property Details
MLS® Number
|
10354386 |
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/28545041/2476-westlake-road-unit-100-west-kelowna-west-kelowna-estates