2150 Rutland Rd N - Retail FOR SALE


Kelowna, BC V1X 4Z9
$3,900,000 CAD
778-655-3322

NO PHOTO

$3,900,000 CAD
Retail - FOR SALE
null | 5% Cap Rate

2150 Rutland Rd N
Kelowna, BC V1X 4Z9


OVERVIEW

Tetra Realty Advisors Inc. and Marcus & Millichap REIS Canada Inc. are excited to present for sale an opportunity to acquire a high-quality, recently constructed gas bar and convenience store located at 2150 Rutland Road N, Kelowna, B.C. (the “Subject Property”). The Subject Property is leased to Otter Farm & Home Co-Operative, on a completely carefree NNN land lease with minimal landlord obligations. Situated in Reid’s Corner, the Subject Property benefits from excellent access to major transportation routes, just off Highway 97 (Okanagan Highway). Overall, the Subject Property represents an opportunity for an investor to acquire a recently constructed, hassle-free investment in one of British Columbia’s fastest growing metropolitan markets.

FOR SALE DETAILS

PRICE

$3,900,000 CAD

PRICE/SF

$1,283 CAD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

I2

APN/PARCEL ID

031-860-605

ASK ABOUT THIS PROPERTY

Jon BuckleyMarcus & MillichapMore Info
778-655-3322

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Jon BuckleyMarcus & MillichapMore Info
778-655-3322

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.