A staple of Rutland is on the market.
According to , Rutland's Plaza 33 is on the market with a price tag of $37.5 million.
"Over 85 per cent of the leasable area is occupied by AAA national and regional tenants, including Save-on-Foods, Shoppers Drug Mart, TD Bank, RBC, Pizza Hut, Hub Insurance, Dynacare Valley Medical Lab and the Okanagan Regional Library," the listing states. "This exceptional tenant mix ensures stable, diversified income and minimal vacancy risk."
The 55-year-old property is also part of the City of Kelowna's 2040 Official Community Plan (OCP), which supports development of a 12-storey property on the site.
Sitting on nearly five acres, the total living space is 85,335 square feet, with annual taxes being $356,755.
