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

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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.