1711 Kalamalka Lake Road
Vernon, British Columbia
MLS® 10398127
$2,650,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- 10398127
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 8Listing description
1711 Kalamalka Lake Road is a unique opportunity to acquire a well-positioned multi-tenanted industrial INVESTMENT asset. Being one of the more desirable industrial products in the area, the property comprises approximately 13,850 SF of leased premises across five (5) tenancies with no current vacancies, providing investors with a ‘turn-key’ cash-flowing asset from a strong mix of established tenants. All tenant leases are secured until May 31, 2028, providing immediate secure cash flow.
Offered at a 5. 47% cap rate (based on 2026 NOI figures), the property is an attractive long-term asset for investors with immediate upside through current below-market existing rents, providing a massive opportunity to increase the income value of this asset amongst the current tenants. Additionally, the property occupies one of the more desirable industrial locations in Vernon, benefiting from excellent frontage along Kalamalka Road, pylon signage, convenient access and plenty of on-site parking.
Its central location provides strong connectivity throughout Vernon and easy access to Highway 97 and surrounding commercial and industrial areas. 1711 Kalamalka Road offers investors a compelling combination of stable cash flow today and meaningful value-add potential for longer-term investors. Please contact listing agents for the NDA to receive the detailed rental roll and more information.
Full leases and further due diligence items can be shared upon an accepted Contract of Purchase and Sale.
Property summary
- MLS® number
- 10398127
- Property type
- Industrial
- Building type
- Other
- Square footage
- 13,850 sq ft
- Land size
- 0.83 acres
- Days on market
- 24 days
What would this home cost you?
Based on the $2,650,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Venture Realty Corp., Kelowna.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.