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Price on request
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
84%
Lot Size
5600 ac
Clear height
32 ft
Loading docks
3
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)
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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.
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.
Confidential diligence documents for G-H - 60 COLONNADE ROAD, 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.