













1/151 - 2538 LEITRIM ROAD, Ottawa, ON K1T3V3
Price on request
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Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
83%
Lot Size
0.5 ac
OUTDOOR STORAGE YARDS FOR LEASE ON LEITRIM RD - Two gravel storage yards in an established south-end industrial pocket on Leitrim Rd, a well-known main road minutes from Bank Street, Hunt Club Road and the Ottawa International Airport - easy for crews, suppliers and drivers to find and get in and out of. The large yard of approximately 22,000 SF (0.50 acres) is $4,995 per month plus HST and the smaller yard of approximately 2,500 SF is $2,395 per month plus HST, available individually or together on a minimum three-year term. Access is a standout: direct frontage with a wide, unobstructed gravel entrance opening onto an open, level yard with generous internal manoeuvring room, allowing tractor-trailers, float trailers, dump trucks and heavy equipment to enter, turn and exit without backing onto the roadway, with no loading docks or grade changes to work around. Best suited to vehicle and fleet storage, heavy equipment, and supplies and materials - a practical fit for contractors, excavation and landscaping firms, trucking and towing operators, equipment dealers, utility and site-services contractors and suppliers, with compatible industrial and contractor neighbours already established in the immediate area. Tenants may install their own temporary structures or storage containers to secure and shelter items. The site is monitored by video surveillance cameras and is actively occupied by working operators and staff throughout regular business hours, so there are eyes on the property during the working day - a real practical advantage over an empty, unattended storage compound. Tenant to satisfy itself as to permitted uses and zoning compliance, and is responsible for insuring its own equipment and materials. Yard areas are approximate. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$67K
Annual cash flow
$-16K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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.
Trade area within 3 miles of the property.
Population
59,282
Households
20,621
Median income
$117,500
Median age
35.4
Daytime population
57,117
5-yr growth
1.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1 - 2538 LEITRIM ROAD, Ottawa.
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.