MLS#: X13722856Listed: about 8 hours agoUpdated:about 7 hours ago
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:58075)
Details
Details for 1396 Windmill Lane, Ottawa, Ontario
Property Type
Industrial
Building Type
-
Storeys
-
Neighborhood
3705 - Sheffield Glen/Industrial Park
Land Size
1.81
Year Built
-
Annual Property Taxes
$76,475
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Cross Streets: Innes Rd. ** Directions: South of Innes Rd.