10564 Powley Court, Lake Country, British Columbia

$5,450,000

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18,000

Square feet

0.65

Acres

About 10564 Powley Court

This in a AAA Commercial Real Estate investing Opportunity. There are 2 solid tenants paying Basic Rent plus all operating costs. The asking price reflects a realistic CAP rate (return rate) for a building of this type and offers the Investor a very stable and growing cash flow return on investment. The property is .65 Acres located directly facing Highway 97 for excellent visibility with 164 feet of Highway frontage. It is a 2010 built AAA Commercial quality building which is approximately 18,000 Sq ft plus a 4700 Sqft Parking garage. There is ample surface parking, a cul-de-sac with street parking and easy access to get in and out via the highway with both a left and right turn off the highway then though an easy round-a-bout avoiding lights and delays. Timely maintenance, painting and upgrades to HVAC etc have been done as required and the building shows very well. (id:36535)

Features of 10564 Powley Court

Listing # 10320165
Price $5,450,000
Bathrooms 0.00
Square Footage 18,000
Acres 0.65
Year Built 2010
Type Retail

Community Information

Address 10564 Powley Court
Subdivision VCA Veterinary Hospital
City Lake Country
Province British Columbia
Postal Code V4V1V5

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of David Pusey Of RE/MAX Vernon

Listing Map