FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$5,250,000

10564 Powley Court, Lake Country V4V1V5

18,000 Sq Ft
Detached
Listed by: RE/MAX Vernon.
Data provided by CREA's Data Distribution Facility.
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Description

This in a AAA Commercial Real Estate investing Opportunity. There are 2 solid tenants paying Basic Rent plus all operating costs. The asking price reflects a realistic CAP rate (return rate) for a building of this type and offers the Investor a very stable and growing cash flow return on investment. The property is .65 Acres located directly facing Highway 97 for excellent visibility with 164 feet of Highway frontage. It is a 2010 built AAA Commercial quality building which is approximately 18,000 Sq ft plus a 4700 Sqft Parking garage. There is ample surface parking, a cul-de-sac with street parking and easy access to get in and out via the highway with both a left and right turn off the highway then though an easy round-a-bout avoiding lights and delays. Timely maintenance, painting and upgrades to HVAC etc have been done as required and the building shows very well. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Retail
Lot Size: 0.65

Property Details

Property Type Detached
Sub Type Retail
Living Area 18,000 sq ft
Lot Size 1 sq ft
Days on Market 320
Listing ID 10357526

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