Dallas Markovina Personal Real Estate Corporation - 250-870-6145
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Retail in Kelowna
- 139
- 137
0 Bedrooms
0 Bathrooms- 967 Sq Ft
Property Type
Retail
Description
Turnkey income investment in the heart of downtown Kelowna. This 967 SF strata unit is leased to an established hair salon on a 5-year triple net lease (commencing June 1, 2026, with a 5-year renewal option), providing immediate, stable cash flow with built-in 3% annual rent escalations. In-place income of $26,669.86/year ($27.58/SF, NNN) reflects a cap rate of approximately 5% at the list price of $535,000. Tenant has one reserved parking stall in the buildings parking garage. A low-maintenance, hands-off investment with a strong downtown location and a proven, established tenant. (id:6769)
Property Details
Subarea
Kelowna North
Lot
0
Listing Agent
Stewart Dunbar
(250) 718-8775
Brokerage
Coldwell Banker Horizon Realty
(250) 860-7500
Disclaimer:
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2026-08-09 02:32:41
