Turnkey Industrial Investment

FOR SALE | 6.00% CAP RATE + FOR SALE | 6.00% CAP RATE + Turnkey Industrial Investment – West Kelowna, BC


Asking $1,199,000 Secure predictable, passive income in one of West Kelowna’s most sought-after industrial corridors. This 4,000 SF I1-zoned strata unit is fully leased to a long-standing fitness centre tenant that has successfully operated in this location for over 8 years. Strategically positioned just off Highway 97, the property is adjacent to National Storage and Warehouse, offering exceptional accessibility and strong long-term fundamentals.

Investment Highlights: • Size: 4,000 SF commercial strata unit• Zoning: I1 – Indoor recreation, alcohol production, distribution, service commercial, tech, and more• Parking: 4 assigned spaces• Lease: Triple Net Lease (NNN) – stable and predictable income• Tenant: Reliable operator with 8+ years of occupancy• Current Rent: $72,000/year • NNN estimated at $5.55sfProperty

Advantages: • Flexible I1 zoning creates multiple re-tenanting options and long-term upside• Well-managed complex with established neighbouring businesses• Prime West Kelowna location with high visibility and excellent access• Turnkey investment with immediate positive cash flow. This property offers stable revenue, zoning versatility, and excellent tenant history—making it an ideal acquisition for investors seeking reliable industrial assets in a growing market.