Located in Kelowna’s sought-after Dilworth Mountain area, this 2,531 SF freestanding strata CRU with one of the only drive-thrus in Glenmore presents an exceptional income-producing opportunity. Currently tenanted by DQ Franchisee, the property offers a stabilized Year 1 NOI of $107,482 and a cap rate of 4.13%. Zoned C2dt-rcs, the site supports a variety of uses, including drive-through and retail cannabis sales. Positioned minutes from downtown Kelowna and major retail centers, the location benefits from high traffic exposure and convenient access to key amenities. This prime asset combines stable cash flow with long-term upside potential in one of Kelowna’s most well-connected neighborhoods. (id:4069)
Address
1936 Summit Drive
List Price
$2,600,000
Property Type
Retail
Type of Dwelling
Retail
Area
British Columbia
Sub-Area
Kelowna
Floor Area
2,531 Sq. Ft.
Year Built
2017
Maint. Fee
$1,212.28
MLS® Number
10338514
Listing Brokerage
Unison HM Commercial Realty
Postal Code
V1V2P5
Site Influences
Public Transit, Recreation, Schools, Shopping
Features
Corner Site
