Commercial Land and Building with 5.14% CAP rate...$875,000

British Columbia

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Listing Type Commercial Real Estate
Price $875,000
CAP Rate 5.14%
Land Area 6960 SF
Building Area 1568 SF
Zoning C4
Type of Sale Asset

Business Description

Exceptionally high traffic, corner lot location located in the greater Kelowna area. Tenant recently renewed a 5 year lease term, with 3 additional 5 year options remaining. If you are looking for reliable ROI, look no further. Cap rate: 5.14%. Please contact listing agent for more details.

Facilities

Purpose built, automotive service shop.

Growth/Expansion