A market rent report is an independent, professional opinion of the current market rent for a commercial property, prepared in accordance with the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP). Market rent reflects what a property would lease for on the open market between informed parties acting at arm's length — it is distinct from the contract rent a tenant may currently be paying, which can differ significantly from current market conditions.

As an AACI-designated appraiser with over a decade of experience in the Regional District Okanagan-Similkameen, I deliver well-supported market rent analyses that draw on current comparable lease data, local market conditions, and a thorough understanding of commercial leasing structures. Whether you need a formal market rent report or lease rate consulting to inform a specific decision, every engagement is handled with the same rigour and independence that defines a professional appraisal.

My market rent reports are used to support lease negotiations, lease renewals, rent reviews, arbitration proceedings, investment analysis, financial reporting, and legal matters — giving landlords, tenants, and advisors a credible, defensible basis for their leasing decisions.

I provide market rent analysis and lease rate consulting across a broad range of commercial property types throughout the Regional District Okanagan-Similkameen, including:

Retail Properties — Strip retail centers, standalone retail buildings, shopping centers, automotive dealerships, and mixed-use retail/residential properties. Retail lease structures vary considerably, and understanding net versus gross lease configurations, tenant improvement allowances, and percentage rent clauses is essential to an accurate market rent determination.

Office Properties — Single-tenant and multi-tenant office buildings, medical office buildings, and mixed-use office/retail and office/residential properties. Office market rent analysis accounts for factors such as gross leasable area, lease type, building class, and the allocation of operating costs between landlord and tenant.

Industrial Properties — Manufacturing buildings, warehouse buildings, self-storage facilities, industrial flex space, and strata warehouse units. Industrial leases are typically structured on a net basis, and market rent conclusions reflect current demand, clear ceiling heights, loading configurations, and yard space where applicable.

Multi-Family Properties — Apartment buildings, condominium complexes, mixed-use residential/commercial properties, and other income-producing residential developments. Market rent analysis for multi-family properties supports acquisition due diligence, financing, rent reviews, and investment underwriting.

I deliver market rent analysis and lease rate consulting to a broad range of clients throughout the Regional District Okanagan-Similkameen, including:

Landlords & Property Owners — Whether you are negotiating a new lease, approaching a renewal, or reviewing existing lease rates against current market conditions, an independent market rent opinion provides the credible, well-supported basis you need to negotiate with confidence. My reports give property owners a defensible position grounded in current comparable lease data and local market expertise.

Tenants & Business Owners — Lease commitments are among the most significant financial obligations a business will take on. An independent market rent analysis helps tenants understand whether the rate being offered reflects current market conditions, giving them a stronger footing at the negotiating table and protection against above-market lease obligations.

Lending Professionals — Banks, credit unions, and financial institutions rely on accurate market rent assessments when underwriting income-producing properties. My market rent reports provide lenders with an independent, CUSPAP-compliant analysis of a property's rental income potential to support sound lending decisions.

Legal Professionals — Market rent disputes arising from lease arbitration, rent review clauses, partnership dissolutions, divorce settlements, and estate matters require a credible, independent opinion that can withstand scrutiny. I provide well-documented market rent reports and expert consulting support for legal proceedings throughout the region.

Accountants — Accurate market rent determinations support a range of accounting and tax-related matters, including related-party lease transactions, financial reporting, business valuations, and estate planning. My CUSPAP-compliant reports provide the independent documentation accounting professionals need to satisfy audit and regulatory requirements.

Property Investors & Developers — Understanding current market rent conditions is fundamental to sound investment underwriting, acquisition due diligence, and development feasibility analysis. My market rent consulting helps investors and developers assess income potential, stress-test assumptions, and make informed decisions in the Regional District Okanagan-Similkameen market.

I provide market rent analysis and lease rate consulting throughout the Regional District Okanagan-Similkameen (RDOS) in British Columbia, with deep local market knowledge across the following communities:

Penticton — As the largest commercial centre in the region and my home base, I have extensive experience analyzing lease rates across all commercial property types in Penticton's active and diverse leasing market. From Main Street retail to industrial properties along the Penticton Creek corridor, I bring current, granular market knowledge to every engagement.

Summerland — A growing community with an evolving mix of retail, agricultural, and light industrial properties, I provide thorough market rent analysis informed by an in-depth understanding of Summerland's leasing landscape and how it relates to broader regional trends.

Osoyoos — Located at the southern tip of the Okanagan Valley, Osoyoos features a leasing market shaped heavily by tourism, hospitality, and agriculture. Accurately determining market rent in Osoyoos requires the specialized local expertise that comes from years of active engagement in this distinct submarket.

Oliver — Known as the Wine Capital of Canada, Oliver's commercial leasing market reflects a unique mix of agricultural, hospitality, retail, and mixed-use properties. I bring the local market knowledge necessary to develop credible, well-supported market rent conclusions across Oliver's diverse property types.

Okanagan Falls — A smaller but growing community with increasing commercial and industrial activity, market rent analysis in Okanagan Falls requires a thorough understanding of local demand drivers and the limited comparable lease data available in this submarket.

Princeton — Serving the western edge of the RDOS, Princeton's commercial leasing market is shaped by its resource-based economy and regional service role. I provide professional market rent consulting across Princeton's commercial, industrial, and mixed-use sectors, with an understanding of the unique market dynamics at play in smaller interior communities.

Keremeos — The agricultural heart of the Similkameen Valley, Keremeos features a leasing market defined by agricultural operations, roadside retail, and community-serving commercial uses. Determining market rent in Keremeos requires in-depth local knowledge and careful analysis of a limited but meaningful pool of comparable lease evidence.

Naramata — A boutique community known for its thriving wine and hospitality industry, Naramata's leasing market is highly specialized. I bring the targeted local expertise needed to accurately assess market rent for Naramata's distinctive commercial, agricultural, and hospitality properties.