$3,395,000
Available - For Sale
Listing ID: X12694900
595 West Hunt Club Road , Tanglewood - Grenfell Glen - Pineglen, K2G 5X6, Ottawa
| Prime Investment Opportunity to acquire a Commercial Retail strip mall plaza on .78 of an acre with high visibility at one of Ottawas busiest intersections, adjacent to Nepean Crossroads Centre and exposed to nearly 94,000 vehicles daily. The 8,993 sq. ft. building including Bell Canada, Massage Addict, Safety House and Smoke Fx is fully leased. A solid tenant base with rent escalations ensuring stable long-term income. Neighboring tenants include Canadian Tire, Rona, Dollarama, Mark's, The Brick, LCBO, Structube,Costco and more. Net Operating Income $176,488 (2025). Current market rents below market position property for strong future upside. Originally designed with the potential to expand the ground floor retail area by an additional 2,200 - 2,400 sq. ft., the property offers strong future upside. With no major capital costs anticipated for many years and a clean Phase 1 environmental report available, this is a rare opportunity to acquire a secure, high-performing investment in a premier location. |
| Price | $3,395,000 |
| Taxes: | $27272.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 595 West Hunt Club Road , Tanglewood - Grenfell Glen - Pineglen, K2G 5X6, Ottawa |
| Postal Code: | K2G 5X6 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Merivale Road |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 8993.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Financial Statement: | T |
| Chattels: | T |
| Management Expense: | 3300 |
| Water Expense: | $3051 |
| Net Income Before Debt: | $176488 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
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Reza Peyvandi
Broker, ABR, SRS, RENE
Dir:
416-230-0202
Bus:
905-695-7888
Fax:
905-695-0900
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Tanglewood - Grenfell Glen - Pineglen |
| Neighbourhood: | 7502 - Merivale Industrial Park |
| Tax: | $27,272 |
| Fireplace: | N |
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