8,993 sqft
Area
8,993 acres
Lot
About This Property
This business in Ottawa offers 8,993 sqft of living space on a 8,993 acres lot. The property has lot dimensions of 8993. The home features forced air, natural gas heating, fully air conditioned.
MLS Remarks
Prime Investment Opportunity to acquire a Commercial Retail strip mall plaza on .78 of an acre with high visibility at one of Ottawas busiest intersections, adjacent to Nepean Crossroads Centre and exposed to nearly 94,000 vehicles daily. The 8,993 sq. ft. building including Bell Canada, Massage Addict, Safety House and Smoke Fx is fully leased. A solid tenant base with rent escalations ensuring stable long-term income. Neighboring tenants include Canadian Tire, Rona, Dollarama, Mark's, The Brick, LCBO, Structube,Costco and more. Net Operating Income $176,488 (2025). Current market rents below market position property for strong future upside. Originally designed with the potential to expand the ground floor retail area by an additional 2,200 - 2,400 sq. ft., the property offers strong future upside. With no major capital costs anticipated for many years and a clean Phase 1 environmental report available, this is a rare opportunity to acquire a secure, high-performing investment in a premier location. (id:60351)
Overview
Property Typecommercial
Sub-Typebusiness
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