595 W Hunt Club Rd - Retail FOR SALE


Ottawa, ON K2G 5X6
$4,125,000 CAD
866-530-7737
595 W Hunt Club Rd, Ottawa, ON for Sale
$4,125,000 CAD
Retail - FOR SALE
1/10
null | 4.71% Cap Rate

595 W Hunt Club Rd
Ottawa, ON K2G 5X6


HIGHLIGHTS

  • Solid Tenant Base
  • Prime Location next to Nepean Crossroads Centre
  • 35,000 Vehicles Daily

OVERVIEW

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. 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. 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.

FOR SALE DETAILS

PRICE

$4,125,000 CAD

PRICE/SF

$344 CAD /SF

CAP RATE

4.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

Arterial Mainstreet

APN/PARCEL ID

61412061500325

ASK ABOUT THIS PROPERTY

David NehmeCreppin Realty Group Inc,BrokerageMore Info
866-530-7737

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David NehmeCreppin Realty Group Inc,BrokerageMore Info
866-530-7737

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