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Penticton, BC Insightsas of Oct 2026
Population size
39 K People
Age distribution
Median age 48.5 years
Household size
2.2 People
Household composition
65% families
35% non-families %
35% non-families %
Education level
45% post-secondary certificate/diploma % of population 25+
Median household income
74,600 CAD
Cost of living index
105 index (Canada=100)
Retail sales per capita
14,500 CAD per year
Disposable income
52,000 CAD per household
Spending behavior by category - apparel
1,200 CAD per capita per year
Spending behavior by category - dining
2,800 CAD per capita per year
Spending behavior by category - electronics
1,000 CAD per capita per year
Number of competitors
150+ retail outlets
Market saturation
Medium qualitative
Presence of anchor tenants
Yes: Walmart, Save-On-Foods, Hudson's Bay (closing) stores
Foot traffic from nearby businesses
High seasonal visitors per day
Rent costs
18-25 CAD per sq ft annually
Property values
450,000 CAD average commercial
Zoning laws
C-1 Commercial core allows retail zoning type
Business permits
Standard process, 4-6 weeks time
Availability of retail space
4645 sqm
Proximity to major roads
Direct access to Hwy 97 qualitative
Public transportation access
BC Transit routes cover key areas qualitative
Parking availability
Abundant, 1,100+ spaces at malls spaces
Pedestrian traffic
Medium, higher downtown people per day
Vehicle traffic
15,000 vehicles per day on Hwy 97
Public transport accessibility
Good, 10+ routes qualitative
Commute times
15-20 minutes average
Shopping preferences
In-store for experiential, online for convenience qualitative
Brand affinity
Local and Canadian brands qualitative
Consumer loyalty
High to local retailers qualitative
Entertainment and leisure trends
Outdoor activities, wine tours, festivals qualitative
Shoplifting rates
Medium-high, 150 incidents per 100k per 100k population
Public safety measures
RCMP patrols, CCTV in malls qualitative
Tourist spending
147,000,000 CAD annually
Tourist footfall
500,000 visitors per year
Major local events
Peach Festival, Wine Festival events
Seasonal attractions
Okanagan Lake, wineries attractions
Total retail space
37,161 sqm
Retail space per capita
1 sqm
Sustainable retail demand
High for eco-tourism retail qualitative
Major upcoming retail projects
Cherry Lane repurposing projects
Grocery market share distribution
Save-On-Foods 35%, Superstore 30%, Safeway 20% %
Grocery expenditure trends
4,800 CAD per capita per year
Luxury retail performance
Medium, tourism-driven qualitative
Top mall shopping preferences
Cherry Lane for variety qualitative
Number of existing malls
2 malls
Total retail footfall
1,500,000 visits
Retail market gaps
Luxury and specialty food gaps
Trade area population
50,000 people
Retail potential in catchment area
High qualitative
Preferred mall layouts
Enclosed with anchors qualitative
Public transport access
8/10 score
Walkability score
65 out of 100
Road infrastructure & car access
Excellent, Hwy 97 direct qualitative
Parking capacity in comparable malls
1,100 spaces at Cherry Lane
Surrounding land use & future developments
Mixed residential/commercial, new units downtown qualitative
Retail Destinations in Penticton, BC
Browse 1 retail destination in Penticton, BC, Canada. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Penticton, BC at a Glance
- Total Properties1
- CountryCanada
