33,379 ft²Office / Other$11,125,000Sale
33,379 ft²
Office / Other
$11,125,000
Sale
Jeff Brown
William Wright Commercial Kelowna
William Wright Commercial is pleased to present the opportunity to acquire a fully leased, stratified property within a five storey office building in Downtown Kelowna. This incredibly well positioned asset features over 33,000 sqft of rentable area with an enclosed underground parkade and rooftop patio amenity. Every unit has been renovated with modern finishes and green building technologies. With a projected income of ~$725,000 (2025), the property offers secure in-place income from a strong tenant mix and future upside potential.
The Space
Asking Price$11,125,000
Available Space33,379 ft²
Net Operating Income$725000
Property UseMixed use / Office
MLS® ID10368775
ZoningUC1
Year Built2014
Parking Spaces16
SourceDirect
Air Conditioning
Bicycle Storage
Kitchen Facilities
Parking
Reception
The Building
Building Features Construction: Concrete Year Built: 2014 Rentable Area: +/- 33,379 SQFT Tenancies: Strong tenant mix Amenities: Rooftop patio, communal meeting room and kitchen, bike storage on every floor Underground Parkade: 16 stalls Additional Parking: 23 stalls (nearby surface lot lease)
Property TypeOffice / Other
Floors5
Building Size33,379 ft²
MLS® ID10368775
ZoningUC1
Cap Rate6.5%
Year Built2014
Parking Spaces16
Construction StatusExisting
Net Operating Income$725,000/yr
Air Conditioning
Bike Friendly
Kitchen Facilities
Parking
Reception
Up to $500K for British Columbia businesses
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