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Governor's Market 2231 Louie Dr 1,650 SF of Retail Space Available in Westbank, BC V4T 3K3
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 1,650 SF | 5 Years | $42.00 CAD/SF/YR $3.50 CAD/SF/MO $69,300 CAD/YR $5,775 CAD/MO | Triple Net (NNN) |
2231 Louie Dr - 1st Floor - Ste 101
Governor’s Market in West Kelowna is a bustling retail and health services center featuring well-known tenants like Rexall, Cobs Bread, and Westside Dental. Strategically located along Highway 97 with high traffic exposure (55,000+ vehicles daily), it offers a prime leasing opportunity—a 1,650 sq. ft. end cap unit. The development includes 116 on-site parking stalls and a designated patio space, ensuring convenience for customers and strong business synergy.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT GOVERNOR'S MARKET
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- LifeMark Health Group
- Health Care
- 421
- National
- Starbucks
- Coffee
- 2,373
- International
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| LifeMark Health Group | Health Care | 421 | National |
| Starbucks | Coffee | 2,373 | International |
PROPERTY FACTS
| Total Space Available | 1,650 SF | Center Properties | 2 |
| Center Type | Strip Center | Gross Leasable Area | 40,295 SF |
| Stores | 0 | Year Built | 1980 |
| Total Space Available | 1,650 SF |
| Center Type | Strip Center |
| Stores | 0 |
| Center Properties | 2 |
| Gross Leasable Area | 40,295 SF |
| Year Built | 1980 |
ABOUT THE PROPERTY
Governor’s Market in West Kelowna is a bustling retail and health services center featuring well-known tenants like Rexall, Cobs Bread, and Westside Dental. Strategically located along Highway 97 with high traffic exposure (55,000+ vehicles daily), it offers a prime leasing opportunity—a 1,650 sq. ft. end cap unit. The development includes 116 on-site parking stalls and a designated patio space, ensuring convenience for customers and strong business synergy.
NEARBY MAJOR RETAILERS
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Governor's Market | 2231 Louie Dr
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