Investissement
Available
Westbank Hub North
2115-2170 Louie Drive, Westbank, BC V4T 1T8 Canada
Surperficie du bâtiment / superficie
256,863 SF
Superficie du lot (pi. ca. / Acres)
1,001,880 SF / 23 Acres
Année de construction
2008
Surperficie du bâtiment / superficie
256,863 SF
Superficie du lot (pi. ca. / Acres)
1,001,880 SF / 23 Acres
Année de construction
2008
OVERVIEW
Westbank Hub North is a 256,863 SF grocery-anchored open-air retail centre in West Kelowna, strategically located along Highway 97 with exposure to over 43,000 vehicles daily. Anchored by a 172,000 SF Walmart on a bond-like quadruple net lease and supported by national tenants including London Drugs, Dollarama, and CIBC, the asset delivers stable, recurring cash flow.
The property is 99.2% occupied with a strong necessity-based tenant mix and a WALT of approximately 5.5 years, providing durable income security. Investors benefit from below-market rents with ~12% upside and a prepaid 100-year land lease (80 years remaining), offering enhanced yield potential in one of BC’s fastest-growing regions.
The property is 99.2% occupied with a strong necessity-based tenant mix and a WALT of approximately 5.5 years, providing durable income security. Investors benefit from below-market rents with ~12% upside and a prepaid 100-year land lease (80 years remaining), offering enhanced yield potential in one of BC’s fastest-growing regions.
Details
- Surperficie du bâtiment / superficie:
- 256,863 SF
- Prix de vente:
- Contact us for pricing
- Superficie du lot (pi. ca. / Acres):
- 1,001,880 SF / 23 Acres
- Année de construction Année de construction:
- 2008