1711 Kalamalka Lake Road, Vernon, British Columbia

$2,650,000

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13,850

Square feet

0.83

Acres

About 1711 Kalamalka Lake Road

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. (id:6289)

More Info on this South Vernon Other MLS® listing

1711 Kalamalka Lake Road is an other listing for sale in Vernon. The MLS® number is 10398127. It covers 13,850 square feet. It's currently listed for $2,650,000. For more details on MLS® 10398127, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in South Vernon is available now!

Selling your South Vernon Other property?

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Features of 1711 Kalamalka Lake Road

Listing # 10398127
Price $2,650,000
Square Footage 13,850
Acres 0.83
Type Industrial
Sub-Type Other

Community Information

Address 1711 Kalamalka Lake Road
Area South Vernon
Subdivision South Vernon
City Vernon
Province British Columbia
Postal Code V1T6V4

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 0.83

Listing Details

OfficeVenture Realty Corp.

Listing Map

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