CIVIC ADDRESS: | 1912 Enterprise Way , Kelowna |
LOCATION: | This project is optimally located one block off Harvey Avenue (Hwy 97) at the corner of Spall Road and Enterprise Way. This location offers tenants and their visitors a central location with easy access to all focal areas of Kelowna . At the rear of the property is Mill Creek, the ambience of which is incorporated into the overall design of the building offering tenants an outstanding one of a kind amenity behind the building providing park, terrace and sitting areas. |
DESCRIPTION: | This Class A multi-tenant building which commenced construction in August of 2001 is four levels complete with secure underground parking including elevator access from the parkade to all floor areas of the building. The main floor is anticipated to be both professional and retail while the upper two floors will be strictly office and professional space. The building incorporates oversized windows on all sides offering tenants maximum natural light and views. The building has large lobby areas with direct access to the rear terraces located on all floors. The main floor will also have access to large terrace, park and landscaped areas at the rear of the building bordered by Mill Creek. |
ZONING: | C-4 Town Centre Commercial. The purpose of this zone is to provide for the development of community commercial centres to serve more than one neighbourhood. |
PARKING: | 114 parking stalls would be provided to tenants within the development, 54 of which would be located in a secured underground parkade and the remaining 60 stalls would be surface parking. Full handicapped access will be available via elevator from all parking areas. |
SERVICES: | Full municipal services including domestic water, sanitary and storm sewer, natural gas, telecommunications, cablevision, fibre optics and hydroelectric power. Both Spall Road and Enterprise Way provide sidewalks and pedestrian crossings. |
BUILDING SIZE: | Usable Area | Main Floor 14,102 square feet
2nd Floor 10,622 square feet
3rd Floor 7,822 square feet
Total Usable 32,546 square feet | Common Area (excluding stairwells and elevator) | Main Floor 966 square feet
2nd Floor 1,783 square feet
3rd Floor 1,924 square feet
Total Common 4,673 square feet | Rentable Area | Main Floor 14,966 square feet
2nd Floor 11,685 square feet
3rd Floor 8,605 square feet
Total Rentable 35,256 square feet |
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R/U RATIO: | Main Floor 1.0685 2nd Floor 1.10 3rd Floor 1.10 The Rental/Usable Ratio shall be calculated on a per floor basis on the lease spaces and does not include stairwells, elevator and vertical drops. |
PROPERTY TAXES: | Property taxes for the property which are to be paid by the Tenant on a proportionate basis are estimated on completion at approximately $110,000.00 per annum and payable by tenants as per their rentable square footage. It is the intention of the developer to stratify Mill Creek Crossing, at which time each individual strata unit shall be assessed its own property taxes. |
OPERATING COSTS: | Operating cost charges for the property which are to be paid by the Tenants on a proportionate share basis as per their rentable square footage. |
LEASE RATES: | See Enclosed Lease Rates |
STRATA PRICING: | See Enclosed Price List |
LAND SIZE: | 1.34 acres or 58,370 square feet +/- |
SUMMARY: | This complex offers an ideally located, new professional and retail centre. It boasts an abundance of windows on all floors and a rear park setting that provides its occupants and their visitors a one-of-a-kind environment. It is also one of the few buildings offering tenants and visitors an abundance of onsite and underground parking. The many advantages of this property ensure its stability and competitive edge in the Kelowna market for many years to come. |
CONTACT: | Scott Brown / MacDonald Realtors 592 K.L.O. Road , Kelowna, BC V1Y 7S2 Cell: (250) 868-9999 Fax: (250) 868-0798 Office: (250) 712-3100 |
