30-34 Highbury Park Dr, also known as Highbury Gate at Greenbank, is a newly built and well-maintained retail plaza. This fully leased property offers its tenants a premium location nestled in Barrhaven's dense and mature residential neighborhoods. It is comprised of 3 buildings, buildings A & B are single-storey and fully retail while Building C contains second floor office/retail space currently leased to a yoga studio, a professional coding company and a high-end physiotherapy & sports science clinic. Current ownership has prioritized the stability offered by service-oriented retail tenants with ~40% of the roster being comprised of health, wellness & medical services and an additional ~30% being food and beverage retailers including a drive-thru location. The Property has excellent exposure along Greenbank Road and is located ~1KM south of Longfields Transit Station. It is a short distance from Highway 416 which feeds into Highway 417 and most major arterial routes in Ottawa.
BLOCK 123, PLAN 4M1046 SUBJECT TO AN EASEMENT IN GROSS AS IN OC2507866 SUBJECT TO AN EASEMENT IN GROSS AS IN OC2510343 CITY OF OTTAWA
Occupancy
Tenant
Possession Date
None.
Taxes (2024)
$385,379
Tax Type
Annual
Directions/Cross Streets
Located in Barrhaven at the intersection of Highbury Park Drive and Greenbank Road.
Neighbourhood
7706 - Barrhaven - Longfields
Area
Ottawa
Price History
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Detailed Information
Freestanding
Y
Lot
329 x 0 ft
Lot Irregularities
1
Retail Area
42,011 ft2
Total Area
42,011 ft2
Approximate Age
0-5
Elevator
Public
Garage Type
Outside/Surface
Parking Spaces
183
Gross Income/Sales
$2,195,443
Net Income Before Debt
$1,376,850
Operating Expenses
$798,099
Year Expenses
$2,024
Expenses Actual/Estimated
Est
Utilities
Y
Water
Municipal
Vacancy Allowance
20493
Survey
Y
Lot/Bldg/Unit Code
Lot
Zoning
LC[2390]
Seller Property Info Statement
N
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