Business For Sale · Retail

11 - 6 ANTARES DRIVE N, Ottawa

11 - 6 ANTARES DRIVE N, Ottawa, ON K2E8A9

$98,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

97%

About this property

Rare Low-Rent Commercial Opportunity! Only $890/month, with approximately 3 years remaining on the lease plus priority renewal rights. A rental rate like this is extremely rare in the city! Features a professionally installed 12-ft commercial kitchen hoodfan system, suitable for a wide range of food-service, restaurant, takeout, or delivery operations. Outdoor seasonal patio space also available. Located in the same plaza as FM 89.9, surrounded by office buildings, senior living facilities, and established residential communities. Excellent potential for takeout and delivery, with coverage into Barrhaven, Riverside South, Merivale, and other densely populated areas. Low rent, long lease term, commercial kitchen infrastructure, outdoor space, PLENTY of PARKING SPACES and a strong surrounding market-an opportunity not to be missed! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$98K
Down payment30% · $29K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$453

Projected NOI

$5K

Annual cash flow

$-52

Cash-on-cash

-0.18%

DSCR

0.99

Going-in cap

5.49%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

130,497

Households

46,803

Median income

$100,000

Median age

32.4

Daytime population

188,064

5-yr growth

7.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 11 - 6 ANTARES DRIVE N, Ottawa.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.