19,971 ft²Industrial$5,950,000Sale
We are pleased to present for sale 945 McMaster Way, Kamloops, B.C. (the "Subject Property"). The Subject Property presents a rare opportunity for an investor or an owner user to acquire a 19,971 SF industrial building on 1.78 acres in the highly sought after Southgate Industrial area of Kamloops. The Subject Property is currently occupied by Applied Industrial Technologies (NYSE: AIT), with expiry coming up in July 31, 2026 with a 1 x 2 year option, providing prospective purchasers with flexibility on realizing income upside on renewal or occupying the Property for their own use.
Population of 90,000. Trade Area Population of 103,000. Average Household Income of $110,220. Population Growth (since 2015): 7.8%. Major Industries: Transportation & Logistics, Manufacturing, Mining, Retail, and Agriculture. Home to Thompson Rivers University (>24,000 students). Home to TKA Kamloops Airport - one of the fastest growing regional airports. Regular service provided by national railways, CP Rail & CN Rail.