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Plaza 33 195 Highway 33 W
85,128 SF 100% Leased Retail Building Kelowna, BC £22,025,594 (£259/SF)
Investment Highlights
- Opportunity to acquire multi tenant building with strong cash flow and future redevelopment potential
- More than 85% leased to AAA National & Regional tenants
- Ample outdoor surface parking and pylon signage
- City of Kelowna's 2040 OCP policy guidance outlines 12 storey building at this site
- Excellent visibility on Hwy33, main access to the Big White Ski Resort, Frontage 825’ on Hwy 33, return depth 260’
Executive Summary
Property Facts
Amenities
- Pylon Sign
- Signage
- Enclosed Mall
- Storage Space
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Dynacare Valley Medical Laboratory
- Health Care and Social Assistance
- 2,895 SF
- -
- -
- Hub International
- Finance and Insurance
- 2,200 SF
- -
- -
- Okanagan Regional Library
- Service type
- 10,809 SF
- -
- -
- Pizza Hut
- Retailer
- 1,410 SF
- -
- -
Royal Bank of Canada is one of Canada's biggest banks, and among the largest in the world based on market capitalization. They serve clients in Canada, the U.S. and several other countries. They are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis.
Save-On-Foods is a Jim Pattison business with a legacy of outstanding value and customer service that dates back more than 100 years to its start in 1915. Originally named the Overwaitea Food Group for the founder’s practice of selling 18 ounces of tea for the price of 16, the store became known as the ‘overweight-tea’ store. Today, the company is best known for its most prominent banner – Save-On-Foods – and also includes stores under the PriceSmart Foods, Urban Fare, and Bulkley Valley Wholesale banners. With more than 22,000 team members throughout British Columbia, Alberta, Saskatchewan, Manitoba and the Yukon, Save-On-Foods is more than just a great place to shop—it’s a great place to work. Save-On-Foods is one of Western Canada’s largest employers and consistently ranks among B.C.’s Most Loved Brands.
- Shoppers Drug Mart
- Retailer
- 13,812 SF
- -
- -
TD Canada Trust is TD Bank Group's customer-focused personal and small business banking business. Serving millions of customers nationally, TD Canada Trust provides a full range of financial products and services through its retail branch network, mobile app, telephone, Internet banking, and ‘TD Green Machine’ automated banking machines. Since their founding in 1855, TD Bank has grown from a single-branch bank serving grain millers and merchants, to a major financial services company, providing financial solutions to individuals and businesses around the world.
- Veerji Fish & Grill
- Retailer
- 1,554 SF
- -
- -
- WCG International Consultants
- Administrative and Support Services
- 1,929 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Dynacare Valley Medical Laboratory | Health Care and Social Assistance | 2,895 SF | - | - | ||
Hub International | Finance and Insurance | 2,200 SF | - | - | ||
Okanagan Regional Library | Service type | 10,809 SF | - | - | ||
Pizza Hut | Retailer | 1,410 SF | - | - | ||
Finance and Insurance | 7,470 SF | - | - | |||
Retailer | 30,390 SF | - | - | |||
Shoppers Drug Mart | Retailer | 13,812 SF | - | - | ||
Finance and Insurance | 4,202 SF | - | - | |||
Veerji Fish & Grill | Retailer | 1,554 SF | - | - | ||
WCG International Consultants | Administrative and Support Services | 1,929 SF | - | - |
Presented by
Plaza 33 | 195 Highway 33 W
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