For Sale · Industrial

16 - 2759 FENTON ROAD, Ottawa

16 - 2759 FENTON ROAD, Ottawa, ON K1T3T8

Price on request

1,840 SF

Asset Class

Industrial

Size

1,840 SF

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

95%

Clear height

19 ft

Loading docks

11

About this property

Great location a block from Albion and Leitrim, approximately 1,840 sq ft with loading door and warehouse space on ground floor, and cool modern office space on the second floor. Very convenient for easy access to all parts of the city. Lease amount includes $10.50 psf Base Rent + $5.80 Additional TMI - triple net. Heat, hydro and HST extra. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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
Meridian Health Group819 SF2034-09
Meridian Health Group920 SF2034-09

Area demographics

Trade area within 3 miles of the property.

Population

97,446

Households

36,254

Median income

$96,000

Median age

42

Daytime population

140,409

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 16 - 2759 FENTON ROAD, 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.