For Lease · Retail

13 - 77 AURIGA DRIVE, Ottawa

13 - 77 AURIGA DRIVE, Ottawa, ON K2E7Y5

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

About this property

An exceptional leasing opportunity in the established Rideau Heights Business Park at 77 Auriga Drive. This versatile commercial unit offers approximately 2,500 sq. ft. of well-designed office and warehouse space, complemented by an additional 1500 sq. ft. mezzanine. The office component features private offices, a boardroom, kitchenette, and washrooms, while the functional warehouse boasts an approximately 18-foot ceiling height and a 10-foot-wide by 14-foot-high grade-level garage door for convenient loading and access. Eight surface parking spaces are included. Ideally situated near West Hunt Club Road, Prince of Wales Drive, Merivale Road, and Highway 416, the property provides excellent connectivity throughout Ottawa and convenient access to the airport. Nearby restaurants, cafés, banks, fitness centres, retail stores, and other everyday services make this a practical and appealing location for a wide variety of businesses. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

102,404

Households

40,066

Median income

$106,000

Median age

33.9

Daytime population

171,458

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for 13 - 77 AURIGA DRIVE, 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.