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.
Elmvale Acres and Area K1B 4V5
Canada
Listing
| Web ID: | 5718602 |
|---|---|
| Website: | https://www.nestseekers.com/5718602 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C5,599,999
($4,032,300)
(€3,474,000)
Annual Taxes:C76,475.42
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.
Amenities
- Major Highway