19,971 ft²Retail$5,950,000Sale
19,971 ft²
Retail
$5,950,000
Sale
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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.
The Space
Asking Price$5,950,000
Available Space19,971 ft²
Net Operating Income$259,623
Property UseRetail
ZoningI1S - Industrial Park
Year Built1995
SourceDirect
The Building
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.
Property TypeRetail
Floors1
Building Size9,971 ft²
Lot Size77,537 ft²
ZoningI1S - Industrial Park
Year Built1995
Up to $500K for British Columbia businesses
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