100 Herzberg Rd - Office FOR SALE


Ottawa, ON K2K 2Y3
$15,900,000 CAD
613-788-2747
100 Herzberg Rd, Ottawa, ON for Sale
$15,900,000 CAD
Office - FOR SALE
1/6
null | Request Cap Rate

100 Herzberg Rd
Ottawa, ON K2K 2Y3


OVERVIEW

The Offering On behalf of the Vendor, CBRE Limited, Brokerage (“CBRE”) is pleased to present an exceptional value add opportunity located at the gateway to Kanata North, 100 Herzberg Road, Ottawa (the “Building” or “Property”). This landmark 106,616 SF Office Building situated on 8.62 acres of Land is prominently situated at the intersection of Herzberg Road and March Road. A 3-storey, fully vacant office building with a 38,070 square foot floor plate and 303 surface parking stalls, surrounded by greenspace provides an investor the opportunity to creatively enhance value. The campus-like setting and high profile Kanata location supports repositioning the existing building and redeveloping the Property. The Property is surrounded by an abundance of nearby amenities, is highly accessible by all modes of transportation, including public transit, bicycle and by car. The Building is located in the Kanata North Technology Park, which is Canada’s highest density innovation hub. Kanata North is home to 540+ companies which contribute more than $13-billion to Canada’s GDP. As a mature ecosystem, Kanata North provides a mix of commercial office, laboratory and light industrial spaces as well as the Marshes Golf Club and Brookstreet Hotel. 100 Herzberg provides a unique opportunity for a value-add investor to acquire a 100% freehold interest in a signature property and vacant office building.

FOR SALE DETAILS

PRICE

$15,900,000 CAD

PRICE/SF

$149 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

316

LAND DETAILS

LAND ACRES

8.6 AC

LAND SF

374,616 SF

ZONING

IG6

APN/PARCEL ID

061430081019115

ASK ABOUT THIS PROPERTY

Jamie BoyceCBRE, LimitedMore Info
613-788-2747

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Jamie BoyceCBRE, LimitedMore Info
613-788-2747

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.