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131 Tilley Rd 12,500 SF 100% Leased Industrial Building Kelowna, BC V4V 2K5 $3,932,174 USD ($314.57 USD/SF) 5.46% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Large yard space
  • Lots of parking space
  • 1.915 acre lot

EXECUTIVE SUMMARY

Prime Industrial Property with Large Yard Space at 131 Tilley Road, Kelowna, BC This impressive industrial property, built in 2003, is set on a substantial 1.915-acre lot with extensive yard space and a 12,500 sq. ft. two-story warehouse. Located in Kelowna’s bustling industrial zone, this property is ideal for businesses needing flexibility and room for growth. Brand new five-year lease.
Property Highlights
Building Size: 12,500 sq. ft. total, including 11,000 sq. ft. on the main floor and 1,500 sq. ft. on the second floor—optimized for operational efficiency.
Land Area & Yard Space: 1.915 acres with a large yard area, ideal for parking, outdoor storage, equipment staging, or potential property expansion.
Zoning: I3 – Flexible zoning supports various industrial and commercial activities, from warehousing to light manufacturing. Key
Features & Permitted Uses:
With I3 zoning, this property supports various industrial activities: 1. Manufacturing & Assembly 2. Warehousing & Distribution 3. Transportation Terminals 4. Storage Yards – Ideal use of the large yard space for heavy equipment, vehicles, and materials. 5. Wholesale Trade 6. Contractor Services 7. Recycling & Salvage 8. Utilities & Public Services 9. Research Labs 10. Transportation Equipment Repair

PROPERTY FACTS

Price $3,932,174 USD
Price Per SF $314.57 USD
Sale Type Investment
Cap Rate 5.46%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Truck Terminal
Lot Size 1.36 AC
Rentable Building Area 12,500 SF
No. Stories 2
Year Built 2003
Parking Ratio 0.88/1,000 SF
Zoning I3 - This property supports various industrial activities: 1. Manufacturing & Assembly 2. Warehousing & Distribution 3. Transportation Terminals

AMENITIES

  • 24 Hour Access

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
  • Listing ID: 36191399

  • Date on Market: 6/10/2025

  • Last Updated:

  • Address: 131 Tilley Rd, Kelowna, BC V4V 2K5

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