This state-of-the-art industrial/ commercial development offers excellent lease opportunities in a prime location with convenient access from Highway 97 in Summerland, BC.Five units remain, with completion expected by the end of 2025. Four units offer 1,550 sq. ft. main floors with 465 sq. ft. mezzanines, while the fifth features 2,012 sq. ft. with a 603 sq. ft. mezzanine. Units can be combined to suit larger business needs. Each unit includes a 10’ x 12’ overhead door and a storefront entrance, with the option to customize a vestibule for separate access to the main floor and mezzanine, ideal for accommodating two businesses, subleasing, or creating a customer service area. The lease rate is $16 per sq. ft. plus additional rents, and a tenant improvement allowance of $20 per sq. ft. is available, subject to lease terms. Constructed with high-quality pre-cast concrete tilt-up methods and energy-efficient design elements, the development ensures minimal utility costs. Additionally, the units are equipped with three-phase power, making them suitable for a wide range of business operations. This modern and functional development provides the perfect space for businesses seeking efficiency, flexibility, and a prime location. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Listing Contract Date
2024-11-20
Property Type
Other
Transaction Type
For lease
Zoning
Light industrial
Building
Exterior Finish
Concrete
Flooring Type
Concrete
Heating Type
Forced air, See remarks
Roof Material
Other
Roof Style
Unknown
Type
Residential Commercial Mix
Land
Total Size
under 1 acre
Current Use
Mixed use
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.