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2025 Government Street, Penticton | $2,995,000

Extremely well located, fully rented industrial building with excellent street frontage. All tenants are long term tenants with escalating leases in place. CAP rate comes in at current rents at a comfortable 5%. NDA must be signed to view current leases. This is a very well maintained building of just under 10,000 square feet has 3 established tenants. Most tenants have been in this building for over 10 years.

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Description

Extremely well located, fully rented industrial building with excellent street frontage. All tenants are long term tenants with escalating leases in place. CAP rate comes in at current rents at a comfortable 5%. NDA must be signed to view current leases. This is a very well maintained building of just under 10,000 square feet has 3 established tenants. Most tenants have been in this building for over 10 years.

General Info

MLS Listing ID: 10386033 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 0.47 ac|under 1 acre Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .