1936 Summit Drive

Offered at: $2,600,000

MLS®: 10338514

Located in Kelowna’s sought-after Dilworth Mountain area, this 2,531 SF freestanding strata CRU with one of the only drive-thrus in Glenmore presents an exceptional income-producing opportunity. Currently tenanted by DQ Franchisee, the property offers a stabilized Year 1 NOI of $107,482 and a cap rate of 4.13%. Zoned C2dt-rcs, the site supports a variety of uses, including drive-through and retail cannabis sales. Positioned minutes from downtown Kelowna and major retail centers, the location benefits from high traffic exposure and convenient access to key amenities. This prime asset combines stable cash flow with long-term upside potential in one of Kelowna’s most well-connected neighborhoods. (id:6769)

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Key Home Data

0
BATH(S)
BED(S)
2531
SQFT
YES
SHOWING AVAILABLE
Property Type:
Retail
Home Ownership:
Strata

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Office: 1 (250) 469-1083