For Lease · Retail

275 MONTREAL ROAD, Ottawa

275 MONTREAL ROAD, Ottawa, ON K1L6C2

$30 per sq ft / yr

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

91%

About this property

Prime 1,700 sq. ft. ground-floor commercial space offering excellent storefront exposure at the corner of Montreal Road and Park Street. Formerly occupied by Cash Money, the space features a welcoming front reception/desk area with a full glass enclosure, a kitchenette with refrigerator, private washroom, and interior stairs providing access to additional basement space.The versatile layout offers plenty of potential and can be easily adapted to suit a variety of retail, professional office, service or commercial uses. Convenient rear parking is available for staff and customers.A great opportunity for a business looking for a highly visible location with flexible space in an established commercial area. (id:66811)

Financial sandbox

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Estimate
Purchase price$30
Down payment30% · $9
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

0.47%

DSCR

1.03

Going-in cap

5.68%

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

130,446

Households

57,556

Median income

$64,500

Median age

37.8

Daytime population

163,773

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 275 MONTREAL 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.