9590 Mccarthy Rd 85,297 SF 100% Leased Industrial Building Kelowna, BC V4V 1S5 $13,500,000 CAD ($158.27 CAD/SF)

A rare opportunity to acquire a purpose-built, institutional-grade cannabis production facility secured by a 20-year lease in North Kelowna's Beaver Lake Road Industrial Park.
This 85,297 SF asset sits on a 1.95-acre site with an estimated $40 million replacement value, delivering predictable income and long-term upside through a strong tenant covenant. The facility was substantially upgraded by tenant and LP holder FLWR Cannabis/Avant Cannabis, who invested heavily in state-of-the-art, end-to-end production infrastructure — creating a fully built-out, license-ready asset of exceptional quality.
For cannabis operators, the specialized infrastructure offers confidence in future operational capacity or re-leasing potential. For institutional investors, the 20-year lease, strong covenant, and high replacement cost create a compelling income profile in a supply-constrained market.
Strategically positioned with direct access to Highway 97, the site connects seamlessly to Kelowna Airport, the Lower Mainland, US border crossings, and Western Canadian distribution networks.
Whether as a premium cash-flowing investment or a long-term strategic hold, this is a rare chance to control one of Canada's most advanced cannabis production assets.