For Lease · Land

4743 BANK STREET, Ottawa

4743 BANK STREET, Ottawa, ON K1T3W7

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Lot Size

1.12 ac

About this property

Prime Commercial Land for Lease - 4743 Bank Street, Ottawa, ON K1T 3W7 Exceptional opportunity to lease approximately 1.12 acres of high-exposure commercial land at the major intersection of Bank Street and Analdea Drive in South Ottawa's rapidly growing Leitrim community. This corner lot features approximately 270 feet of frontage, offering outstanding visibility and access to thousands of daily commuters and residents from the surrounding densely populated neighborhoods. Zoned Commercial, the site is ideally suited for an automobile dealership. Surrounded by established residential neighborhoods and located minutes from major highways and transit routes, this property is a strategic location for businesses seeking maximum exposure and long-term growth. Note, some of the images are conceptual. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

106,630

Households

49,875

Median income

$136,500

Median age

39.8

Daytime population

163,485

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 4743 BANK STREET, 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.