Business For Sale · Industrial

G-H - 60 COLONNADE ROAD, Ottawa

G-H - 60 COLONNADE ROAD, Ottawa, ON K2E7J6

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

84%

Lot Size

5600 ac

Clear height

32 ft

Loading docks

3

About this property

Rent and operating cost information are available to qualified tenants. Not permitted to post it publicly. An excellent opportunity to sublease approximately 4,811 SF of rentable industrial/office space offering approximately 5,600 SF of usable area, including approximately 805 SF of second-floor office/mezzanine space at NO ADDITIONAL RENT. The premises feature approximately 4,000 SF of warehouse space with approximately 18 feet clear height and a large drive-in door approximately 14 feet high, allowing trucks to enter and park inside. The rear of the property provides ample room for full-size tractor-trailer access and deliveries. The approximately 1,611 SF split-level office area was completely renovated in early 2026 with new flooring, kitchen, HVAC and lighting, providing a clean, modern and functional workspace. The original lease was for a five-year term commencing May 1, 2026, with the premises available immediately by way of sublease for the remaining term through April 30, 2031. Landlord approval of the applicant and intended use is required, and the subtenant is responsible for all administrative and legal fees charged by the landlord in connection with the sublease or assignment. Located in Ottawa's desirable west-end Colonnade Business Park, an established business district with a strong mix of industrial, commercial, office and service-oriented businesses. The property offers convenient access from both east and west along Hunt Club Road, with connections to Merivale Road and Highway 417 only minutes away, providing excellent access throughout Ottawa and to regional transportation routes. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

116,151

Households

41,527

Median income

$113,000

Median age

35.4

Daytime population

105,638

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for G-H - 60 COLONNADE 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.