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Industrial Property For Sale at 109 2050 Pier Mac Way in Kelowna, British Columbia

4 Sale ID #182184
Updated 29 Apr 2024

Asking Price

$4,873,665

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

Lot Size

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Building Size

N/A

Premise Summary

Welcome to Stratosphere — the next generation of industrial real estate in the Okanagan Valley offering flexible ownership opportunities with purchase or lease options and transaction structures tailored to meet your needs. Developed by Western Canada’s largest industrial developer, Stratosphere marks Beedie’s premier opportunity in the Okanagan’s rising industrial market and Kelowna’s first large-format premium industrial strata development, consisting of 13 thoughtfully crafted units across two buildings. Ranging in size from 7,645 to 17,325 SF, each state-of-the-art unit is equipped with best-in-class specifications designed to maximize warehouse efficiencies and business operation. Available Summer 2024. Please see Brochure for full details. (id:39198)

  • MLS® : #10286688
  • Date Listed : 10 Oct 2023

Location

Province

British Columbia

City

Kelowna

Address

109 2050 Pier Mac Way

Postal Code

V1V2J3

Location Highlights

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Listed by

Royal LePage Kelowna British Columbia listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

144,914

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

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

N/A

Financial Information

Yearly Rate

$4,873,665

Asking Price

$4,873,665

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

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

N/A

Premises Size (square feet)

144,914

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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