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Westbank Hub North 2170 Louie Dr 256,847 SF 100% Leased Retail Building Westbank, BC V4T 3E5 For Sale
Investment Highlights
- Walmart’s NNN lease ensures stable, low-responsibility income.
- Prime Highway 97 frontage with exposure to 43,000 vehicles daily.
- 80 years remain on a prepaid 100-year Westbank First Nation land lease with strong yields.
- Kelowna area population projected to grow over 10% in five years.
Executive Summary
Anchored by a 172,000 SF Walmart on a quadruple net lease and complemented by London Drugs, CIBC, and other national and international retailers, the center combines a best-in class tenant mix with powerful daily-needs retail draws. This makes the Subject Property one of the region’s most dominant open-air retail centers, generating stable, resilient cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
256,847 SF
Building Class
B
Year Built
2008
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
23.00 AC
Zoning
C2 - WFN Zone; HC Highway Commercial
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Contacts
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Jon
Buckley
-
Curtis
Leonhardt
-
Jack
Allpress
-
David
Morris
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Falisha
Saggu
-
Peter
Gibson
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Photos
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Westbank Hub North | 2170 Louie Dr
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