Penticton, BC
For Lease | Industrial | 84,652 SF | $11.00/SF
Property Info
Property Description
Rare opportunity to lease large scale industrial space in central Penticton. As the development of the Innovation District nears, the planned phased development provides an opportunity to utilize this existing building during the first phase of construction. Available for immediate possession, this facility is approximately 84,652 square feet of open industrial space suitable for warehousing, distribution, manufacturing, and other general industrial uses. The steel structure building features 24′ clear ceilings, ample power, and 17 overhead doors at grade level offering drive-through capabilities. Maximum lease term of 5 years (use dependent), triple net lease with asking net rate of $11.00/SF (net rates may increase for lease terms under 5 years), with additional rent estimated at $2.50/SF.
- 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.): 84,652 SF
- Net Rent: $11.00/SF
- Est. NNN: $2.50/SF
- MLS ID: 10364253
No features currently listed.
