For Lease · Office

16 - 77 AURIGA DRIVE, Ottawa

16 - 77 AURIGA DRIVE, Ottawa, ON K2E7Y5

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

98%

About this property

An exceptional leasing opportunity in the established Rideau Heights Business Park at 77 Auriga Drive. This versatile commercial unit offersapproximately 2,000 sq. ft. of well-designed office and warehouse space, complemented by an additional 500 sq. ft. mezzanine. The officecomponent features private offices, a boardroom, kitchenette, and washrooms, while the functional warehouse boasts an approximately 18-footceiling height and a 10-foot-wide by 9-foot-high grade-level garage door for convenient loading and access. Five surface parking spaces areincluded. Ideally situated near West Hunt Club Road, Prince of Wales Drive, Merivale Road, and Highway 416, the property provides excellentconnectivity throughout Ottawa and convenient access to the airport. Nearby restaurants, cafés, banks, fitness centres, retail stores, and othereveryday services make this a practical and appealing location for a wide variety of businesses. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

88,532

Households

35,315

Median income

$108,500

Median age

33.2

Daytime population

150,263

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 16 - 77 AURIGA DRIVE, 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.