595 West Hunt Club Road, Ottawa, Ontario, K2G5X6
Details
- Listing ID: X12449971
- Price: $3,900,000
- Address: 595 West Hunt Club Road, Ottawa, Ontario K2G5X6
- Property Type: Business
- Heating: Natural Gas, Forced Air
Description
Prime Investment Opportunity to acquire a commercial property 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. Neighbouring tenants include Canadian Tire, Rona, Dollarama, Mark’s, The Brick, LCBO, Structube and more. Net Operating Income $195,000 (2024). 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. (id:22130)
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