3640 Gossett Rd - Retail FOR SALE


West Kelowna, BC V4T 1P6
$7,850,000 CAD
778-657-0035
3640 Gossett Rd, West Kelowna, BC for Sale
$7,850,000 CAD
Retail - FOR SALE
1/10
null | 5% Cap Rate

3640 Gossett Rd
West Kelowna, BC V4T 1P6


HIGHLIGHTS

  • Anchored by Bank of Montreal, a national company, and an original tenant since 1995.
  • Multi-tenant building with a diverse and stable tenant base.
  • Prominent exposure on Gossett Rd, just off Highway 97, the area’s main throughfare and retail corridor.
  • High demand and low vacancy for retail space in West Kelowna.

OVERVIEW

Cushman & Wakefield ULC is pleased to present an opportunity to acquire a well-anchored, multi-tenant retail investment property in the heart of West Kelowna, just off the busy Highway 97. Located at 3640 Gossett Road, this 17,398-sf building is situated within a well-established retail node and offers a compelling combination of stable in-place income and upside potential. Located on First Nations land and held under a 99-year ground lease expiring July 31, 2092, the asset delivers long-term security in a market characterized by limited supply of quality retail space. Opportunities to acquire Retail properties in West Kelowna are increasingly scarce, making this an attractive offering for investors seeking stable cash flow with growth potential.

FOR SALE DETAILS

PRICE

$7,850,000 CAD

PRICE/SF

$451 CAD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

RC

APN/PARCEL ID

CUSTOM-3320595

ASK ABOUT THIS PROPERTY

Burton Van AlstineCushman & WakefieldMore Info
778-657-0035

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Burton Van AlstineCushman & WakefieldMore Info
778-657-0035

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