Penticton, BC

1704 Government Street

For Lease | Industrial | 196,020 SF | $2.00/SF

Property Info

Property Description

This is a great short-to-medium-term lease opportunity to secure up to 4.5 acres of fully paved yard space in a central Penticton location. Situated directly across from Penticton Regional Hospital and ideally positioned between Skaha Lake and Okanagan Lake, this site offers excellent accessibility in the city’s core industrial/commercial corridor. The yard is flat, with some areas fenced and gated, ideal for temporary storage, equipment staging, or industrial yard use. As the development of the Innovation District nears, the planned phased development of the project offers the opportunity for continued use of portions of the site (future development phase areas) for up to a 5 year lease term. Asking a gross rental rate of $2.00/SF (may vary depending on size and location).

  • Transaction Type: For Lease
  • Property Type: Industrial
  • Lease Type: Triple Net
  • Legal Description: LOT A DISTRICT LOT 3429S SIMILKAMEEN DIVISION YALE DISTRICT PLAN 23195 EXCEPT PLANS 37288 AND EPP136540
  • Sub Area: South Okanagan/PE – Industrial Area
  • Zoning: CD9
  • Size (approx.): 196,020 SF
  • Net Rent: $2.00/SF
  • Est. NNN: N/A
  • MLS ID: 10364251

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