FOR LEASE. Rare opportunity to sub-lease 6,216 SF of high profile retail space in Kelowna s Capri Centre Mall

Transcription

1 FOR LEASE Kelowna, BC PROPERTY DETAILS: Rare opportunity to sub-lease 6,216 SF of high profile retail space in Kelowna s Capri Centre Mall Great location in the heart of Kelowna, with high exposure to Gordon Drive Exterior building signage opportunity Open retail floor plan, ready for your business! Macdonald Realty Kelowna

2 FOR SUB-LEASE ive Kelowna, BC We are pleased to present this rare opportunity to sub-lease 6,216 SF of high profile retail space at Capri Centre Mall in Kelowna. # Gordon Drive offers the opportunity to position your business in the heart of Kelowna at Capri Centre Mall, situated along a busy transportation route into Kelowna s Lower and Upper Mission. 6,216 SF of high profile retail space Great location in the heart of Kelowna, with high exposure to Gordon Drive Exterior building signage opportunity Open retail floor plan, ready for your business! Sub-lease runs to June 30, 2021 LEASE RATE: $20 PSF Gross 2

3 PROPERTY DETAILS CIVIC ADDRESS LEGAL DESCRIPTION LEASABLE AREA PARKING ive, Kelowna, BC Lot A Plan KAP64836 District Lot 137 Land District 41 Except Plan EPP ,216 SF Ample on-site parking SUBLEASE TERM Sublease runs to June 30, 2021 ZONING (CURRENT) LEASE RATE CD26, Capri Centre Comprehensive Development Zone $20.00 PSF Gross 3

4 AERIAL MAP Capri Centre Mall offers a high profile location along Harvey Avenue/Highway 97, which sees in excess of 52,523 vehicles/day. The site is strategically positioned at the corner of Harvey Avenue and Gordon Drive, which is a busy transportation route into Kelowna s Lower and Upper Mission. 4

5 SITE PLAN 5

6 DEMOGRAPHICS 0-1 KM RADIUS Total Population (2017) 11,653 Projected Population (2022) 12,428 Population Distribution 0-24 years years years 75+ years Average Household Income (2017) $65,282 Projected Household Income (2022) $79,306 Total Households (2017) 5,919 Projected Households (2022) 6,337 2,114 4,189 3,602 1, KM RADIUS Total Population (2017) 44,580 Projected Population (2022) 47,766 Population Distribution 0-24 years years years 75+ years Average Household Income (2017) $78,170 Projected Household Income (2022) $94,559 Total Households (2017) 21,776 Projected Households (2022) 23,435 8,792 15,367 14,060 6, KM RADIUS Total Population (2017) 71,031 Projected Population (2022) 76,254 Population Distribution 0-24 years years years 75+ years Average Household Income (2017) $85,259 Projected Household Income (2022) $103,142 Total Households (2017) 32,904 Projected Households (2022) 35,349 14,863 23,524 22,740 9,931 6

7 KELOWNA & AREA Kelowna, located in the heart of the Okanagan Valley, is a growing economic hub named the top entrepreneurial city in Canada this year by the Financial Post. Kelowna is a recreational lakeside paradise with acres of scenic parkland and sandy beaches. Cradled within a range of breathtaking mountains, this urban sanctuary is bolstered by a pristine lake, pine forests, orchards, vineyards, sandy beaches, and unparalleled amenities. Kelowna has the fastest growing population in British Columbia and the fourth fastest in Canada. With a regional population of approximately 190,000 in the Central Okanagan, an overall trading area of 520,000, and infrastructure to support business, Kelowna is the largest urban centre between Vancouver and Calgary. Diversification and proximity to world markets are among Kelowna s greatest economic strengths. Agriculture, Tourism, Manufacturing, Health, and Technology are important industries in the region. Kelowna General Hospital is the largest healthcare facility in the Interior of BC. As an active and vibrant recreation centre, Kelowna plays host to many visitors from all over the world. Kelowna International Airport, Canada s 10th busiest, easily connects visitors to major North American cities including direct flights to Vancouver, Calgary, Edmonton, Fort McMurray, Prince George, Seattle, Los Angeles, San Francisco, and Tofino. Visitors can enjoy renown wineries, golf courses and ski resorts. In short Kelowna is a four-season lakeside playground. 7

8 PROPERTY PHOTOS 8

9 THE SMALL PRINT This document/ has been prepared by HM Commercial Group and Lee & Associates Vancouver for advertising and general information only and makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. HM Commercial Group is a team of Real Estate Professionals licensed with Macdonald Realty Kelowna. This property is co-listed by HM Commercial Group and Lee Associate Vancouver. 9

10 Macdonald Realty Kelowna CONTACT US: MEGHAN O MARA* HM Commercial Group Macdonald Realty Kelowna Phone: meghan@hmcommercial.com NEIL MCALLISTER* Lee & Associates Vancouver Phone: neil.mcallister@lee-associates.com