


















1/20C - 129 RIOCAN AVENUE, Ottawa, ON K2J5G3
$599,990 total
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
88%
Fantastic opportunity to own a well-established restaurant business in the heart of Barrhaven. Ideally positioned in a busy commercial destination just off Strandherd Drive and near the Cineplex Theatre, this location offers excellent accessibility and exposure in a thriving area surrounded by residential communities, shopping, dining and entertainment. The restaurant features a welcoming dine-in area with seating for approximately 18 guests and a functional layout designed for efficient day-to-day operations. The sale includes chattels, offering a turnkey opportunity for an entrepreneur, experienced operator or investor looking to acquire an established restaurant location. Currently operating as a franchise, the business provides an excellent opportunity to step into an existing operation in one of Barrhaven's busiest commercial areas. With a strong location, established setup and flexible possession, this is an exciting opportunity A fantastic opportunity for anyone looking to expand their current portfolio or for an eager new entrepreneur ready to establish themselves within a successful turn-key operation. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$31K
Annual cash flow
$-2K
Cash-on-cash
-1.31%
DSCR
0.93
Going-in cap
5.15%
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
99,310
Households
46,570
Median income
$129,000
Median age
34.7
Daytime population
96,794
5-yr growth
6.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for C - 129 RIOCAN AVENUE, 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.