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511 Lacolle Way

19,039 SF 86% Leased Retail Building Ottawa, ON K4A 5B6 £3,018,217 (£159/SF) 6.13% Net Initial Yield

Shops & Retail Properties Ontario Ottawa 511 Lacolle Way, Ottawa, ON K4A 5B6

Investment Highlights

  • Convenient transportation routes are available
  • Trim Road is a major north-south arterial
  • Located on the west side of Lacolle Way

Executive Summary

The building is a great opportunity as an investment and business occupy with solid tenants in place with long term leases, Biggest Daycare in Orleans , The famous BBCR Coffee , Martial Arts center.... Almost FULLY RENTED only 2757 sqft vacant ... Convenient transportation routes are available to the subject neighborhood. The area is accessible to downtown Ottawa via Regional Road 174, accessed at Trim Road, just north of the subject site. Trim Road is a major north-south arterial in the neighborhood. The City of Ottawa’s new Light Rail Transit (LRT) will run along the north end of the subject neighborhood. With a projected completion date of 2024.. Average NOI is APPROX 330K

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
19,039 SF
Building Class
B
Year Built
2018
Price
£3,018,217
Price Per SF
£159
Net Initial Yield
6.13%
NOI
£185,132
Percent Leased
86%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.44
Land Acres
1.00 AC
Zoning
IL4 - Light Industrial Zone
Parking
35 Spaces (1.84 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A2
  • 1,341 SF
  • Office
  • -
  • Now

Upper floor office space located in a PRIME location in Orleans (approx 1341 SF), Only ONE minute from 174 HWY and future LRT station. Well managed building, Bright, OPEN CONCEPT, huge window display, offers high quality at competitive rate.

  • B2
  • 1,341 SF
  • Office
  • -
  • Now

UPPER floor office space located in a PRIME location in Orleans (approx 1341 SF), Only ONE minute from 174 HWY and future LRT station. Well managed building, Bright, OPEN CONCEPT, huge window display, offers high quality at competitive rate.

Space Size Space Use Position Available
A2 1,341 SF Office - Now
B2 1,341 SF Office - Now

A2

Size
1,341 SF
Space Use
Office
Position
-
Available
Now

B2

Size
1,341 SF
Space Use
Office
Position
-
Available
Now

A2

Size 1,341 SF
Space Use Office
Position -
Available Now

Upper floor office space located in a PRIME location in Orleans (approx 1341 SF), Only ONE minute from 174 HWY and future LRT station. Well managed building, Bright, OPEN CONCEPT, huge window display, offers high quality at competitive rate.

B2

Size 1,341 SF
Space Use Office
Position -
Available Now

UPPER floor office space located in a PRIME location in Orleans (approx 1341 SF), Only ONE minute from 174 HWY and future LRT station. Well managed building, Bright, OPEN CONCEPT, huge window display, offers high quality at competitive rate.

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511 Lacolle Way, Ottawa, ON - aerial map view
  • Rami Bastawros
    Rami Bastawros
  • Fluidex North America Inc
(613) 618-1921

  • Listing ID: 27096041

  • Date on Market: 11/11/2022

  • Last Updated:

  • Address: 511 Lacolle Way, Ottawa, ON K4A 5B6

The Retail Property at 511 Lacolle Way, Ottawa, ON K4A 5B6 is currently available For Sale. Contact Fluidex North America Inc for more information.

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511 Lacolle Way
(613) 618-1921 x

511 Lacolle Way

Rami Bastawros

(613) 618-1921

(613) 618-1921

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