High profile commercial unit for sublease in Brandt’s Creek Crossing - #210 1970 Kane Road

Kelowna, BC V1V 3C4

Kelowna, BC, V1V 3C4, CA
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FOR LEASE FOR SUBLEASE NNN Property
Property Type:
Single Tenant Retail (NNN)
Cap Rate:
0.00%
Last Verified:
Sep 23, 2024

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High profile commercial unit for sublease in Brandt’s Creek Crossing, one of Glenmore’s major shopping centres. Unit totals +/-1,658 SF ofpremium retail/office space for sublease, and includes a large open retail area, rear prep area with mop sink and 3 well-appointed washrooms.Featuring dual entrances (one street facing & the other facing the interior parking lot), oversized windows & glass doors allow internal views topassing pedestrians and vehicle traffic, and plenty of space for outside seating. Located at the signalized intersection of Kane Rd and DrysdaleBlvd this is a premium location within the complex. Highly visible, signage opportunities on both sides of the unit and on the complex pylon. Thisspace is well suited for a coffee shop; or a quick service type restaurant. Brandt's Creek Crossing is home to: Save-On-Foods + Pharmacy,Shopper's Drug Mart, Interior Savings, Great Clips, Lifestyle Dentistry, Bosleys Pet Foods, Glenmore Chiropractic, Little Owl Academy Daycare,Flip Flop & Hops, Satang Thai Cuisine, Sunny Nails, and Villages Pizza. Basic Rents are: June 2024-May 2026 @ $38 PSF, June 2026-May 2029@ $40 PSF, and June 2029-May 2032 @ $42 PSF. GST is applicable to the rents.

Map of Kelowna, BC, V1V 3C4, CA

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.