2465 ST LAURENT BOULEVARD, Ottawa2465 ST LAURENT BOULEVARD, Ottawa — photo 22465 ST LAURENT BOULEVARD, Ottawa — photo 3
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For Lease · Office

2465 ST LAURENT BOULEVARD, Ottawa

2465 ST LAURENT BOULEVARD, Ottawa, ON K1G6G8

$20 per sq ft / yr

62,917 SF

Asset Class

Office

Size

62,917 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

93%

About this property

Well situated on a high visibility corner in Ottawa business park, comprises almost 16,000 sf office space available. Featuring 176 parking spaces. This turnkey space benefits from extra large windows on all 4 sides of the building making it filled with natural light. With 2 entrances, it is possible to demise the current space into units. The building has been well maintained and updated. Tenants benefit from plenty of free tenant and visitor parking, shared bathroom facilities, plus a shower room for tenants, an elevator ensuring accessibility. $20.00/SQFT Plus $16.00/SQFT additional rent (Includes CAM, Realty Taxes, Building Insurance, and in-suite cleaning). Extra large windows throughout ensure all areas are filled with natural light. 24 hours notice required for all the showings. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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
Blue Harbour Design34,236 SF2033-07
Blue Harbour Design14,264 SF2033-07
Blue Harbour Design5,857 SF2033-07
Blue Harbour Design4,218 SF2033-06

Area demographics

Trade area within 3 miles of the property.

Population

48,915

Households

19,852

Median income

$72,500

Median age

39

Daytime population

49,755

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 2465 ST LAURENT BOULEVARD, 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.