122 Clarence 298-308 Dalhousie St 12,995 SF 65% Leased Retail Building Ottawa, ON K1N 7E7 £2,611,853 (£200.99/SF) 5.56% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Heavy foot traffic
- Multi-tenant retail and office space
- Heavy vehicular traffic
EXECUTIVE SUMMARY
CDNGLOBAL is pleased to present the opportunity to acquire 122 Clarence Street, Ottawa, Ontario.
This building is conveniently located at the southwest corner of Clarence and Dalhousie between York and Clarence Streets. The property is a multi-tenant retail, office building located in the well-known ByWard Market area of Ottawa.
The building has many advantages being close to retailers, ample restaurants, office buildings. The property has excellent visibility with pedestrian and vehicular traffic and is within walking distance to Parliament Hill, Chateau Laurier, Rideau Centre and the Rideau Canal.
This building is conveniently located at the southwest corner of Clarence and Dalhousie between York and Clarence Streets. The property is a multi-tenant retail, office building located in the well-known ByWard Market area of Ottawa.
The building has many advantages being close to retailers, ample restaurants, office buildings. The property has excellent visibility with pedestrian and vehicular traffic and is within walking distance to Parliament Hill, Chateau Laurier, Rideau Centre and the Rideau Canal.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,995 SF
Building Class
C
Year Built
1920
Price
£2,611,853
Price Per SF
£200.99
Net Initial Yield
5.56%
NOI
£145,195
Percent Leased
65%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
9 ft
Building FAR
1.49
Lot Size
0.20 AC
Zoning
MD2 S73 - Mixed-Use Downtown Zone
Parking
5 Spaces (0.38 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Bus Route
- Corner Lot
- Restaurant
- Security System
- Signage
- Signalised Junction
- Accent Lighting
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
3,300 square foot retail space for lease for $20 p/sf and a $15 TMI.
1,198 square foot retail/office space for lease for $12 p/sf and a $15 TMI.
| Space | Size | Space Use | Position | Available |
| GR FL 298 | 3,300 SF | Retail | In-Line | 30 Days |
| 2nd FL 298 | 1,198 SF | Office/Retail | In-Line | 30 Days |
GR FL 298
| Size |
| 3,300 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
2nd FL 298
| Size |
| 1,198 SF |
| Space Use |
| Office/Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (91)
Bike Score®
Biker's Paradise (96)
NEARBY MAJOR RETAILERS
