For Lease · Retail

2 - 444 HAZELDEAN ROAD, Ottawa

2 - 444 HAZELDEAN ROAD, Ottawa, ON K2L1V2

$42 per sq ft / yr

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

91%

Lot Size

3600 ac

About this property

Prime Hazeldean Road location offering 3,600 sq.ft. with 60 feet of Exceptional Frontage Exposure along the South side of Hazeldean Road, between Eagleson and Castlefrank Rd. One of Kanata's most well established commercial corridors, with significant daily traffic and outstanding visibility to passing motorists. A rare opportunity to secure a premier retail location in the heart of Kanata! Opportunities like this don't come along often! Position your business for success in a well-established commercial plaza with plenty of on-site parking. The space features an impressive front foyer, an open concept work space in addition to 6 private offices, kitchen, 2 washrooms, plus a private corridor with 5 more semi private offices, private boardroom, private office and its own separate entrance and front foyer providing lots of versatility for set up. There is also a third possible entrance location. The plaza is home to a well-established mix of successful businesses. Base rent plus additional rent + hydro. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$42
Down payment30% · $13
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$3

Annual cash flow

$0

Cash-on-cash

2.28%

DSCR

1.12

Going-in cap

6.23%

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

142,031

Households

58,831

Median income

$109,000

Median age

31.7

Daytime population

144,995

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 2 - 444 HAZELDEAN 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.