Description

Investment property for sale! Opportunity to purchase a tenanted 2.74 acre industrial lot in the South Okanagan???s newest & largest industrial Business Park. Consisting of over 114 acres with 20 proposed strata lots, Avery Business Park offers shovel ready lots ranging from 2.5 to 10 acres. Located only 12 minutes from Penticton, less than 1 km off Highway 97, and close to other major highway access points including the US border, Avery Business Park is strategically and conveniently located in the heart of the South Okanagan. Lot 19 offers an investor a 6.6% cap rate on average rental income plus significant upside on the future sale of the lot by way of an option to purchase in the tenant's lease - contact listing agents for more details.