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For Sale · Industrial

B - 75 JAMIE AVENUE, Ottawa

B - 75 JAMIE AVENUE, Ottawa, ON K2E7Y6

Price on request

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Asset Class

Industrial

Size

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Building class

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

87%

Clear height

24 ft

Loading docks

About this property

Commercial Sub-Lease Opportunity in Prime Nepean Industrial Node! Presenting a highly functional 1,863 sq. ft. industrial unit (1,140 sq. ft. clean warehouse + 723 sq. ft. air-conditioned office area) complete with a massive, dedicated 6,900 sq. ft. fully-fenced yard space included in the rent. The office space features a private office, open work area, kitchenette, and washroom, gas radiant heating, and 200 Amp / 240 Volt / 1-Phase electrical service. This active sub-lease runs through May 31, 2030. Financial terms: Base Rent + HST, plus Additional Rent (Recoverable Costs) of $2,162.38/month + HST, which covers property taxes, snow removal, landscaping/lot maintenance, general repairs, building insurance, window cleaning, building alarm, waste removal, common area hydro, water & sewer, HVAC maintenance, and management fees. PLEASE NOTE: STRICTLY NO AUTOMOTIVE USES WILL BE CONSIDERED (No autobody, detailing, or mechanical repairs-no exceptions). Ideal for clean industrial, wholesale, or distribution users needing secure outdoor yard storage and modern amenities! (id:66811)

Financial sandbox

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Estimate

Purchase price$1.50M

Down payment30% · $450K

Interest rate6.25%

Amortization25 years

Occupancy87%

Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

88,607

Households

34,806

Median income

$120,500

Median age

36.1

Daytime population

116,848

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for B - 75 JAMIE AVENUE, 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.