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Warehouse

FOR SALE - INVESTMENT GRADE PREMIER CANNABIS PRODUCTION FACILITY

9590 McCarthy Rd, Kelowna, BC V4V 1R2

Listing Price: $13,400,000

Cap Rate
1.00%
Gross SF
85,297
Price/Gross SF
$157.10
Lot Size
1.95 acres
Year Built
2010
Rentable SF
85,297

Investment Overview

Introducing a rare opportunity to acquire a purpose-built cannabis production facility with institutional-grade infrastructure and a 20-year lease in place. This 85,297 SF asset on 1.95 acres in North Kelowna’s Beaver Lake Road Industrial Park offers stable, long-term income with a strong tenant covenant and an estimated $40 million replacement value. Originally owned and licensed by the current landlord, the facility has been extensively upgraded by tenant FLWR/Avant Cannabis with state-of-the-art infrastructure.
Fully built-out and license-ready, it provides turnkey operational capacity or leasing potential for future operators. Institutional investors will value the secure cash flow, premium improvements, and limited supply in a rising market.
Strategically located near Highway 97 with access to Kelowna Airport, Vancouver, and the U.S. border, this is a rare chance to acquire one of Canada’s most advanced cannabis production facilities.

Investment Highlights

  • 85297 SF freestanding industrial building on a 1.95-acre site, fully customized for cannabis production with significant tenant-funded improvements and upgrades, including power of 1,600 amps.
  • 20-year lease in place with a publicly traded company and established licensed producer (Avant Brands Inc - TSX:AVNT), offering stable cash flow backed by strong covenant strength.
  • Estimated near $40 million replacement value, offering acquisition at a significant discount to construction cost.
  • Strategic value for industry groups and investors alike, recognizing the value of a license-ready, high-tech facility.

Exclusively Listed By

Warehouse

FOR SALE - INVESTMENT GRADE PREMIER CANNABIS PRODUCTION FACILITY

Listing Price: $13,400,000

Cap Rate
1.00%
Gross SF
85,297
Price/Gross SF
$157.10
Lot Size
1.95 acres
Year Built
2010
Rentable SF
85,297

Investment Highlights

  • 85297 SF freestanding industrial building on a 1.95-acre site, fully customized for cannabis production with significant tenant-funded improvements and upgrades, including power of 1,600 amps.
  • 20-year lease in place with a publicly traded company and established licensed producer (Avant Brands Inc - TSX:AVNT), offering stable cash flow backed by strong covenant strength.
  • Estimated near $40 million replacement value, offering acquisition at a significant discount to construction cost.
  • Strategic value for industry groups and investors alike, recognizing the value of a license-ready, high-tech facility.

Investment Overview

Introducing a rare opportunity to acquire a purpose-built cannabis production facility with institutional-grade infrastructure and a 20-year lease in place. This 85,297 SF asset on 1.95 acres in North Kelowna’s Beaver Lake Road Industrial Park offers stable, long-term income with a strong tenant covenant and an estimated $40 million replacement value. Originally owned and licensed by the current landlord, the facility has been extensively upgraded by tenant FLWR/Avant Cannabis with state-of-the-art infrastructure. Fully built-out and license-ready, it provides turnkey operational capacity or leasing potential for future operators. Institutional investors will value the secure cash flow, premium improvements, and limited supply in a rising market. Strategically located near Highway 97 with access to Kelowna Airport, Vancouver, and the U.S. border, this is a rare chance to acquire one of Canada’s most advanced cannabis production facilities.

Exclusively Listed By

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