101-104 - 716 Adams Court, Kelowna, BC
13,209 ft²Industrial$5,060,000Sale
13,209 ft²
Industrial
$5,060,000
Sale
Gareth Wintjes
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Marcus & Millichap’s NNN and Industrial Team is pleased to present for sale 716 Adams Court (Strata Lots 1–4) in Kelowna, British Columbia (the “Subject Property”), a 13,209 SF strata industrial warehouse fully leased to The Hockey Rink Corp. The Subject Property is 100% triple-net leased to a corporate covenant, offering investors secure income with minimal landlord responsibilities. Strategically located in Kelowna’s Airport Industrial area, the Subject Property benefits from convenient access to Highway 97 and close proximity to Kelowna International Airport and UBC Okanagan. This offering represents a rare opportunity to acquire a fully stabilized industrial asset in one of the Okanagan’s most active and supply-constrained markets.
The Space
Asking Price$5,060,000
Available Space13,209 ft²
Suite Number101-104
Net Operating Income$240230
Property UseIndustrial
ZoningI2
Cap Rate4.75%
Net Operating Income$240,230/yr
SourceDirect
The Building
🏭 **Flexible Industrial Strata** 13,209 SF of strata warehouse space across four contiguous units, including second-floor mezzanine space, offering a flexible industrial layout suitable for a range of users. ✅ **100% NNN Leased** Fully leased on an NNN basis to The Hockey Rink Corp., an established Canadian corporate covenant with minimal landlord obligations. 📍 **Prime Location** Exceptional Highway 97 exposure with over 41,000 vehicles per day (VPD), providing strong visibility and seamless connectivity throughout Kelowna and the broader Okanagan corridor. 🏗️ **Premier Infrastructure Access** Minutes from Kelowna International Airport, which has over $422M in planned infrastructure investment through 2033, and UBC Okanagan, a rapidly expanding campus supporting long-term population and employment growth. 📈 **High-Growth Market** Located in one of Canada's fastest growing cities, Kelowna's expanding youth demographic and rapid population growth continue to drive demand for sports and recreation facilities.
Property TypeIndustrial
Additional Listings at 716 Adams Court, Kelowna, BC
Type
Suite
Price
Size
Space Type
Lease
104
Contact for pricing
3,450 ft²
Industrial
Lease
Land
Contact for pricing
43,000 ft²
Land
Up to $500K for British Columbia businesses
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