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1. Kelowna YLW Plaza. $3,695,995 - 5.67% CAP RATE, 1.43 acresThis is a development play. Approved further to add car wash, detail shop and 2-3 storeys building to 15,000sf+ (zoning CD12)City leased land until 2054 with renewals in 20yr increments.This building is only two years old, exclusive to the Kelowna Airport with Three National Tenants.The Kelowna Airport is the 10th busiest airport in Canada with over 2 million passengers. Every car that goes to the airport or exits the airport must drive by this Plaza.
Asking Price
3,695,995
Land Area
1.43 Acres
Building Size
15,000 SF

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Commercial Plaza for Sale Kelowna
Listing Title
:
Commercial Plaza for Sale Kelowna
Listing Type
:
Commercial Real Estate
Zoning Type
:
Agriculture
Type of Sale
:
Asset
Investment Income
:
1
Price SF
:
246.40
CAP Rate
:
5.67%
Tenanted
:
No

Property Highlights

Great development site

Address

    Available after signed NDA

Property Documents

    Available on Request

Property Description

1. Kelowna YLW Plaza. $3,695,995 - 5.67% CAP RATE, 1.43 acresThis is a development play. Approved further to add car wash, detail shop and 2-3 storeys building to 15,000sf+ (zoning CD12)City leased land until 2054 with renewals in 20yr increments.This building is only two years old, exclusive to the Kelowna Airport with Three National Tenants.The Kelowna Airport is the 10th busiest airport in Canada with over 2 million passengers. Every car that goes to the airport or exits the airport must drive by this Plaza.

Facilities Overview

4800sq building with an upto addition 15,000sf available to build situated on 1.43 acres at the Kelowna Airport. Zoned CD 12 allowing for carwash, detail shop, automotive, commercial office space, retail and many other opportunities.

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