256,863 ft²
Retail


R Peter Gibson
R Peter Gibson
Cushman & Wakefield


Dominant regional shopping centre anchored by high-credit national tenants. Stable, long-term income supported by strong lease structures. Built-in rental upside through below-market in-place rents.


The Space
Available Space256,863 ft²
Year Built2008
Office Portion0 ft²
Construction StatusB
Passenger Elevators0
SourceCushman

The Building - Westbank Hub North

Westbank Hub North is a 256,863 SF grocery-anchored open-air retail centre in West Kelowna, strategically located along Highway 97 with exposure to over 43,000 vehicles daily. Anchored by a 172,000 SF Walmart on a bond-like quadruple net lease and supported by national tenants including London Drugs, Dollarama, and CIBC, the asset delivers stable, recurring cash flow. The property is 99.2% occupied with a strong necessity-based tenant mix and a WALT of approximately 5.5 years, providing durable income security. Investors benefit from below-market rents with ~12% upside and a prepaid 100-year land lease (80 years remaining), offering enhanced yield potential in one of BC’s fastest-growing regions.

Property TypeRetail
Building Size256,863 ft²
Lot Size23.00 AC

Additional Listings at 2170 Louie Drive, Westbank, BC
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R Peter Gibson
R Peter Gibson
Cushman & Wakefield
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