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1484 St. Paul St 1,455 SF of Office/Retail Space Available in Kelowna, BC V1Y 2E6
Highlights
- Modern design with urban aesthetic
- Large glass storefront for visibility
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,455 SF | Negotiable | $20.01 USD/SF/YR $1.67 USD/SF/MO $29,115 USD/YR $2,426 USD/MO | Triple Net (NNN) |
1st Floor
Well positioned commercial unit totaling 1,455 SF ideal for retail, personal service or office use. Located just off the busy Bernard Avenue and St. Paul Street intersection, directly across from the Bernard Block in Downtown Kelowna. Space includes multiple open work areas including a larger multi-station to the middle of the unit with built-in cabinetry and workstations in the 4 corners, an inviting entryway with reception &waiting area, individual office or treatment room, in-suite washroom, and storage areas. Well finished with a modern, urban look and feel. Large street facing windows allow light to flood the unit. Plenty of on-street parking and parking lots in the area. Close to public transportation. This area of downtown has seen tremendous growth with numerous multifamily, commercial and mixed-use developments, such as the Brooklyn, the Bertram and the Bernard Block all of which were recently completed.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 4 - 12 People
- Reception Area
- Open-Plan
- Prime downtown Kelowna location
- Flexible layout for multiple uses
- Built-in cabinetry and workstations
- Bright space with large front windows
- Easy access to transit and parking
- Surrounded by new mixed-use projects
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,455 SF | Gross Leasable Area | 14,000 SF |
| Property Type | Retail | Year Built | 1957 |
| Property Subtype | Storefront |
| Total Space Available | 1,455 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 14,000 SF |
| Year Built | 1957 |
About the Property
The property is located in Downtown Kelowna near the Bernard Avenue and St. Paul Street intersection. The area is characterized by mixed-use and multifamily developments, including Bernard Block, Brooklyn, and Bertram. Surroundings include commercial services, local retail, and residential buildings. Public transportation is accessible, and the area offers various parking options.
Nearby Major Retailers
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1484 St. Paul St
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