Description

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. The Original Building Plans were designed with the possibility of a future expansion of the ground floor retail space by approximately 2200 -2400 square feet. No major capital costs are needed for many years. A clean phase 1 environmental report is available. (id:2469)

Amenities

Public Transit

Listing Provided By

EXP REALTY

Neighborhood Info

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Property Details

Living Area
8,993 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
Bldg=251 x 135 FT
Taxes
N/A
Type
Business
Style
N/A
Basement
Year Built
N/A
Real Estate Listing
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