6.00% Cap Rate + Nnn Turnkey Industrial Investmen

  • $1,199,995

    ASKING
    PRICE

    MLS® #: 1562

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PRICING BREAKDOWN

  • Asking Price
    $1,199,995
  • Type of Sale
    Asset Sale
  • Parking
    4 Assigned Spaces
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  • 1562
  • MLS®
  • 0
  • Interior m²
  • Commercial
  • Property Type
    • 0
    • Interior SQFT

GENERAL INFORMATION

Key Points:

  • Stable Revenue
  • Zoning Versatility
  • Reliable Operator with 8+ years of occupancy

BUSINESS DESCRIPTION

6.00% Cap Rate + Nnn Turnkey Industrial Investmen

FOR SALE | 6.00% CAP RATE + NNNFOR SALE | 6.00% CAP RATE + NNNTurnkey Industrial Investment – West Kelowna, BC

Asking $1,199,000. Secure predictable, passive income in one of West Kelowna’s most sought-after industrial corridors. This 4,000 SF I1-zoned strata unit is fully leased to a long-standing fitness centre tenant that has successfully operated in this location for over 8 years. Strategically positioned just off Highway 97, the property is adjacent to National Storage and Warehouse, offering exceptional accessibility and strong long-term fundamentals.

Investment Highlights:• Size: 4,000 SF commercial strata unit• Zoning: I1 – Indoor recreation, alcohol production, distribution, service commercial, tech, and more• Parking: 4 assigned spaces• Lease: Triple Net Lease (NNN) – stable and predictable income• Tenant: Reliable operator with 8+ years of occupancy• Current Rent: $72,000/year • NNN estimated at $5.55sfProperty

Advantages:• Flexible I1 zoning creates multiple re-tenanting options and long-term upside• Well-managed complex with established neighbouring businesses• Prime West Kelowna location with high visibility and excellent access• Turnkey investment with immediate positive cash flow. This property offers stable revenue, zoning versatility, and excellent tenant history—making it an ideal acquisition for investors seeking reliable industrial assets in a growing market.

Details

Updated on 2025-10-30 18:10:05

Property Details

Rooms Dimension

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Property Address

  • Sub Area:
  • Province: British Columbia
  • City:
  • Country: Canada

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