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Industrial Property For Sale at 102/114 9640 McCarthy Road in Kelowna, British Columbia

4 Sale ID #182608
Updated 27 Apr 2024

Asking Price

$1,716,440

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Introducing IntraUrban McCarthy, a collection of 37 premium quality strata industrial spaces, specifically designed for the next generation of small and medium-sized businesses. This presents a unique opportunity to acquire sought after industrial real estate in Kelowna, BC, with highly flexible floor plans, modern design, and a full range of premium-quality features. The location is close to highway 97 and other major businesses and amenities, making this an excellent opportunity to acquire a valuable industrial property in the growing Kelowna North industrial park. PROPERTY DETAILS IntraUrban McCarthy offers owners plenty of flexibility within both buildings. Choose from three distinct floor plans starting from 2,068 sf in building one and 3,388 sf in building 2, or combine multiple units for larger floor plans and multiple bay doors. CEILING HEIGHT: 28' Clear in warehouse LOADING: One exclusive 12' x 14' grade-level loading door per unit FLOOR LOAD: 500 lbs/sf loading capacity on main floor & 100 lbs/sf on mezzanine POWER: 200 Amp 3-Phase LIGHTING: LED Lighting throughout ZONING: I2 OCCUPANCY: Summer 2024 - 2ND Floor mezzanine with roughed-in washroom plumbing - Primed & painted mezzanine walls, & efficient LED lighting - Warehouse skylight, ceiling fan & gas-fired unit heater - Washroom built-out on ground floor & white primed interior warehouse walls - Operable windows & HVAC unit provided for heating and cooling mezzanine (id:39198)

  • MLS® : #10280021
  • Date Listed : 17 Jul 2023

Location

Province

British Columbia

City

Kelowna

Address

102/114 9640 Mccarthy Road

Postal Code

V4V2N5

Location Highlights

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Listed by

Royal LePage Kelowna British Columbia listing

Category

industrial-properties

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

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Financial Information

Yearly Rate

$1,716,440

Asking Price

$1,716,440

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

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