FOR LEASE · 2020-07-09 · FOR LEASE 3461 Lakeshore Road Kelowna, BC Retail Overview The retail component of this project features a total square footage of approximately 21,000

PROPERTY DETAILS:

The Shore is a mixed use development with a total square footage of approximately 135,000 square feet. This property is located within Kelowna’s trendy Lower Mission submarket, and directly across from one of Kelowna’s best tourist attractions, Gyro Beach. The building will comprise of retail & office space, and 103 modern residential rental units.

FOR LEASE

MACDONALD REALTY KELOWNA

FOR LEASE3461 Lakeshore Road

Kelowna, BC

Retail Overview

The retail component of this project features a total square footage of approximately 21,000 square feet

over two podiums, which are separated by an expansive open courtyard, designed to accommodate patio

space and desirable walking access from the parking lot. Over 63% of the ground level is currently leased

or pending. Units from 1,000 square feet and up are available, with the potential to customize size and

configuration to tenant’s requirements. Targeted uses include a yoga studio, full & quick service restaurants, a

convenience store, a bank/credit union, salons & spas, and other boutique retail.

Office Overview

The office component of The Shore is approximately 21,000 square feet, and is currently 91% leased or pending,

with 1,113 rentable square feet to 1,777 rentable square feet units available for sublease. This second floor

will feature floor to ceiling windows and exterior signage opportunities.

PROPERTY DETAILS

CIVIC ADDRESS 3461 Lakeshore Road Kelowna, BC

LEGAL DESCRIPTION Lot 36, 37 & 38, DL 134 ODYD Plan 3886 Except Plan 40525

BUILDING SIZE 135,000 SF

RETAIL AREA 21,000 SF

OFFICE AREA 21,000 SF

ZONING (CURRENT) C4, Urban Centre Commercial

LOCATION Located in the Lower Mission, directly across from Gyro Beach Kelowna, BC.

AERIAL MAP The Shore is situated in the highly sought after Lower Mission

area, known for its boutique shopping, trendy restaurants, quaint

coffee shops, and vibrant atmosphere. The property is located

directly across the road from Lake Okanagan and Gyro Beach,

ones of the City’s most popular beaches. With Kelowna receiv-

ing over 1.9 million visitors annually, The Shore will directly ben-

efit from a high tourist count in the Summer, with Gyro Beach

known as one of the top tourist destinations. This augments the

residential on-site plus the high concentration of local residen-

cies immediately adjacent to the site, who due to the arterial

street network have to intercept the site on a daily basis.

AVAILABILITY PLAN - RETAIL

Available

Leased/Pending

Up to 4,237 square feet available

CRU 62,296 SF

CRU 71,941 SF

CRU 81,793 SF

LEASEDT-ONE ASIAN

FUSIONCRU 2A

800 SFCRU 2B

821 SF

OFFICE AVAILABILITY91% leased or pending

Available

Leased/Pending

OFFICE 1LEASED

OFFICE 31,493 SF

OFFICE 4LEASED

OFFICE 5LEASED

OFFICE 8-10LEASED

OFFICE 7LEASED

OFFICE 61,777 SF

OFFICE 2A1,113 SF

OFFICE 2LEASED

PROPERTY AERIAL

RENDERINGS

DEMOGRAPHICS

Total Population (2017) 27,891

Projected Population (2022) 30,144

Population Distribution 0-24 years25-49 years50-74 years75+ years

6,1939,2468,9793,473

Average Household Income (2017) $91,892

Projected Household Income (2022) $111,169

Total Households (2017) 12,913

Projected Households (2022) 13,939




3,8593,5793,594431








10,05212,82512,5733,904





LOWER MISSION (RED)

UPPER MISSION (BLUE)

COMBINED AREA

KELOWNA & AREAKelowna, located in the heart of the Okanagan Valley,

is a growing economic hub named the top entrepre-

neurial city in Canada this year by the Financial Post.

Kelowna is a recreational lakeside paradise with acres

of scenic parkland and sandy beaches. Cradled within

a range of breathtaking mountains, this urban sanc-

tuary is bolstered by a pristine lake, pine forests,

orchards, vineyards, sandy beaches, and unparalleled

amenities.

Kelowna has the fastest growing population in British

Columbia and the fourth fastest in Canada. With a

regional population of approximately 190,000 in the

Central Okanagan, an overall trading area of 520,000,

and infrastructure to support business, Kelowna is the

largest urban centre between Vancouver and Calgary.

Diversification and proximity to world markets are

among Kelowna’s greatest economic strengths.

Agriculture, Tourism, Manufacturing, Health, and

Technology are important industries in the region.

Kelowna General Hospital is the largest healthcare

facility in the Interior of BC.

As an active and vibrant recreation centre, Kelowna

plays host to many visitors from all over the world.

Kelowna International Airport, Canada’s 10th busi-

est, easily connects visitors to major North American

cities including direct flights to Vancouver, Calgary,

Edmonton, Fort McMurray, Prince George, Seattle,

Los Angeles, San Francisco, and Tofino. Visitors can

enjoy renown wineries, golf courses and ski resorts. In

short Kelowna is a four-season lakeside playground.

THE SMALL PRINTThis document/email has been prepared by HM Commercial Group for advertising and general information

only and makes no guarantees, representations or warranties of any kind, expressed or implied, regarding

the information including, but not limited to, warranties of content, accuracy and reliability. All images and

renderings in this document are conceptually based and subject to change without notice.

Any interested party should undertake their own inquiries as to the accuracy of the information. HM Commer-

cial Group excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this

document and excludes all liability for loss and damages arising there from. This publication is the copyright-

ed property of HM Commercial Group and /or its licensor(s).

HM Commercial Group is a team of Real Estate Professionals licensed with MacDonald Realty Kelowna.

CONTACT US:

MEGHAN O’MARA*

HM Commercial Group – Macdonald Realty Kelowna

Phone: (250) 712-3130

Email: [email protected]

*Personal Real Estate Corporation

HM Commercial Group is a boutique commercial real estate team that specializes in investment properties, land for development, and leasing. Our targeted focus provides us with detailed knowledge of market conditions, as well as key relationships with wealthy investors, institutions, and REIT’s. Over the past few years we have sold over $700 Million dollars in transactions.

WE DO THINGS DIFFERENTLY AND IT WORKS.

Macdonald Realty Kelowna

Documents

FOR LEASE · 2020-07-09 · FOR LEASE 3461 Lakeshore Road Kelowna, BC Retail Overview The retail component of this project features a total square footage of approximately 21,000