1396 Windmill Lane, Ottawa, Ontario K1B4V5

Listing courtesy of Initia Real Estate.

$5,599,999
20,050
SqFt

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List Price
$5,599,999
Status
ACTIVE
Days on Market
11
MLS® #
TorontoRegionalRealEstateBoard-X13722856
Living Area
20,050
Lot Size
78,843
Acres
1.81
Subdivision
3705 - Sheffield Glen/Industrial Park
Neighborhood
3705 - Sheffield Glen/Industrial Park
MLS Area Major
3705 - Sheffield Glen/Industrial Park

Property Description

This NNN investment acquisition presents a compelling opportunity for yield-focused investors seeking steady, predictable cash flow in one of Ottawa's most resilient industrial submarkets.Fully anchored by Synergy Formwork under an excellent covenant, 1396 Windmill Lane underwent a custom building-wide renovation in 2021 to suit the tenant's operational needs on a 7-year lease. Spanning 20,050 sq. ft. of Gross Floor Area (including a 1,250 sq. ft. mezzanine). Positioned in a high-demand commercial corridor with historically low vacancy rates and strong tenant retention, this versatile light industrial asset offers immediate income security paired with low-friction operations and stable, risk-adjusted returns.This property has 6 bay doors, floor to ceiling height ranges from 18' to 20', power is 400 amp, 600 volt. (id:5764)

Additional Information

Taxes
$76,475
Community Features
3705 - Sheffield Glen/Industrial Park
Heating
Forced air, Natural gas
Air Conditioning
Fully air conditioned

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Calculator source: Real Geeks