Property Description
HM Commercial Realty is pleased to present a very special and rare investment opportunity in the heart of Pandosy Village.
HIGHLIGHTS
- Fully medical tenanted professional building in the vibrant neighbourhood of Pandosy Village, Kelowna, BC
- Majority of tenants are doctors offices and medical professionals
- Property is steps away from professional businesses, restaurants, coffee shops, health services, offices, trendy boutiques, grocers, and much more.
- Gross Building Area of 30,580 SF (Net Leaseable area of +/- 25,000 SF)
- Three (3) storey building that is elevator-serviced (one of which is stretcher sized)
- 49 on-site parking stalls
- Wood-frame construction with 1” concrete floor topping for advanced sound-proofing
- Building offers secure cash flow and upside potential in increased rents and parking revenue
- 4.22% existing Cap Rate, 6.09% market Cap Rate
- Rent Roll and applicable data available with signed NDA