8993 sqft
Fully Air Conditioned
Forced Air
$4,125,000
Rarely available. An opportunity to acquire a 8,993 square foot fully leased, highly visible Retail Plaza on .78 of an acre. Strategically located next to the Crossroads Centre at Merivale and Hunt Club Road. A primary arterial road with easy access. 35,000 vehicles Daily (Source City of Ottawa). The property provides a solid Tenant base with rental escalations through 2029. Net Operating Income is projected to be in excess of $200,000 within 24 months with potential future upside to rent. No major capital costs are needed for many years. A clean phase 1 environmental report is available. (id:49712)
Property Details
MLS® Number
|
X11887796 |
Property Type
|
Business |
Community Name
|
7502 - Merivale Industrial Park |
AmenitiesNearBy
|
Public Transit |
ParkingSpaceTotal
|
37 |
Building
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
SizeExterior
|
8993 Sqft |
SizeInterior
|
8993 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Public Transit |
Sewer
|
Sanitary Sewer |
SizeDepth
|
135 Ft |
SizeFrontage
|
251 Ft |
SizeIrregular
|
Bldg=251 X 135 Ft |
SizeTotalText
|
Bldg=251 X 135 Ft |
ZoningDescription
|
Commercial Am10 Arterial Mainstreet Zone |
https://www.realtor.ca/real-estate/27726472/595-west-hunt-club-road-ottawa-7502-merivale-industrial-park