For Sale · Flex

Kanata Industrial Flex

345 Terry Fox Drive, Ottawa, ON

$8.9M

42,000 SF

Asset Class

Flex

Size

42,000 SF

Building class

B

Zoning

CB2 — Central Business

Cap rate

6.00%

NOI

$534K

$ / SF

$212

Occupancy

93%

Year Built

2014

Clear height

31 ft

Loading docks

13

About this property

Tech-industrial flex space in Kanata.

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$8.90M
Down payment30% · $2.67M
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$41K

Projected NOI

$479K

Annual cash flow

$-14K

Cash-on-cash

-0.54%

DSCR

0.97

Going-in cap

5.38%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics39,060 SF2032-01

Area demographics

Trade area within 3 miles of the property.

Population

63,722

Households

25,033

Median income

$129,500

Median age

36.3

Daytime population

87,998

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for Kanata Industrial Flex.

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.