INVEST IN 2324 GOVERNMENT ST, PENTICTON
Kickstart your commercial real estate investing by owning a piece of 2324 Government Street for as low as $1 with Addy.
*MONTHLY
DISTRIBUTIONS TARGETED
*5 YEAR
TARGETED HOLD PERIOD
*18%+
TARGETED IRR
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INVESTMENT HIGHLIGHTS
Invest in 2324 Government St., a prime commercial real estate development project boasting over 40,000 square feet of building space across two acres of land in the thriving industrial hub of Penticton. This investment is targeted to offer monthly distributions and exceptional growth potential.
SNFLWR Investment Corp. owns the building and has achieved 100% occupancy in Building 1, the first of three planned structures, featuring a diverse tenant mix that includes a nationally recognized restoration company, a luxury granite countertop manufacturer, and more. Additionally, SNFLWR has secured 60% pre-leasing for the two upcoming buildings, underscoring strong demand and confidence in this offering.
SNFLWR Investment Corp. owns the building and has achieved 100% occupancy in Building 1, the first of three planned structures, featuring a diverse tenant mix that includes a nationally recognized restoration company, a luxury granite countertop manufacturer, and more. Additionally, SNFLWR has secured 60% pre-leasing for the two upcoming buildings, underscoring strong demand and confidence in this offering.
Check back soon for more information on SNFLWR's featured investment opportunity, in partnership with Addy.
*“Targeted” refers to a goal which may or may not be attained based on a variety of assumptions which may or may not be realized. Securities are only available to verified accredited investors who can bear the loss of their investment. Please contact SNFLWR or Addy for an explanation of how such numbers are calculated. Cash Distributions and any specific returns are not guaranteed.
WHY INVEST IN PENTICTON?
Penticton is experiencing rapid growth in both residential and commercial sectors, putting an increased demand on modern commercial space to cater to the growing Okanagan market.
Penticton’s vibrancy has been on the rise, and putting it on the map for investors in recent years, driven by new housing, a burgeoning culinary, winery and craft brewery scene, a robust job market, strong entrepreneurial resources, and outstanding natural amenities.
Penticton’s vibrancy has been on the rise, and putting it on the map for investors in recent years, driven by new housing, a burgeoning culinary, winery and craft brewery scene, a robust job market, strong entrepreneurial resources, and outstanding natural amenities.
STRONG commercial Opportunity
There is a lack of industrial lease space across the Okanagan, with sub -3% vacancy. The manufacturing sector also accounts for 10% of the provincial GDP (gross domestic product), indicating a strong need for modern industrial space in the Central Okanagan.
ROBUST BUSINESS GROWTH
The city’s key business sectors include healthcare, social assistance, retail trade, accommodation and food services, construction, and manufacturing. With significant growth across business sectors, including a $1B+ Innovation District around the corner, Penticton’s business scene continues to grow with hundreds of new companies opening or moving to the city each year.
HIGH LIVABILITY RANKINGS
Penticton has been recognized as one of Canada's most livable cities, particularly for young professionals, ranking third in Canada. With Penticton projected to welcome a 55% population growth by 2046, bringing the population to over 56,000, the City's real estate market is thriving.
MAJOR INFRASTRUCTURE INVESTMENT
Recent upgrades to Penticton Regional Hospital and Penticton Airport, along with downtown revitalization efforts, have enhanced the city's infrastructure, supporting both residents and businesses.
OUR ROADMAP
See our recently completed milestones, upcoming phases, and targets for 2324 Government Street in Penticton, B.C.