Industrial strata unit located in Clement Business Park - Unit 304 890 Clement Avenue, Kelowna

Kelowna , BC V1Y 7E2

Kelowna , BC, V1Y 7E2, CA
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FOR LEASE NNN Property
Property Type:
Street Retail
Cap Rate:
0.00%
Last Verified:
Nov 04, 2024

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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.

Map of Kelowna , BC, V1Y 7E2, 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.