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890 Clement Av
2,550 SF of Industrial Space Available in Kelowna, BC V1Y 0H8
Highlights
- Heavy foot traffic
- Easily accessible by major routes
- Lots of natural light
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - 304 | 2,550 SF | 1-10 Years | $19.22 USD/SF/YR $1.60 USD/SF/MO $206.90 USD/m²/YR $17.24 USD/m²/MO $4,085 USD/MO $49,015 USD/YR | Triple Net (NNN) |
1st Floor - 304
Inline industrial strata unit located in Clement Business Park. Unit totals approximately 2,550 SF which includes approximately 699 SF of mezzanine level located at the front of the building. Warehouse space to the rear with ground level loading bay and a 12’ x 10’ single overhead door. High profile location with frontage along Clement Ave as well as access from the internal complex parking lot. Unit comes with 3 reserved parking stalls (2 stalls are reserved Monday-Saturday from 7 am - 5 pm, includes loading stall reserved 24/7), and visitor parking. Vibrant and expanding area in the transitional zone between residential and industrial uses, centrally located in Kelowna’s Packing District close to restaurants, craft breweries, offices and light industrial businesses.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air Conditioning
- Natural Light
- Three reserved parking stalls
- Transitional zone between residential, industrial
- Centrally located in Kelowna’s Packing District
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 890 Clement Av , Kelowna, BC V1Y 0H8
| Property Type | Retail | Year Built | 2021 |
| Gross Leasable Area | 9,441 SF |
| Property Type | Retail |
| Gross Leasable Area | 9,441 SF |
| Year Built | 2021 |
About the Property
Centrally located industrial strata unit for sublease in the West Kelowna Business Park. In-line unit totals approximately 4,045 SF of industrial space including flexible open warehouse space, and washroom. Unit offers both dock and grade level loading from dedicated loading bays at the rear of the building. Plenty of parking on-site. West Kelowna Business is located in the heart of West Kelowna’s industrial district on Stevens Road. This modern business park provides easy access from Highway 97 S via Ross Rd and Westlake Rd. The complex is only 8 minutes from Westbank Centre and 9 minutes from downtown Kelowna. Zoned I1 – Light Industrial. Unit is clean, well maintained, and available immediately. Sub-lease until Jan 31, 2025 with possibility to negotiate a new lease with the landlord.
Nearby Major Retailers
-
Kris McLaughlin -
RE/MAX Kelowna
Presented by
890 Clement Av
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