High-traffic retail strip mall on St Joseph Blvd in Orleans in the East of Ottawa. A well-managed and maintained building offers great exposure and lots of on-site parking—an ideal opportunity for retail, office, and medical service providers. Currently, there are lease options for 418 SF, 650 SF, and 1,832 SF. Units may be combined for up to 2,900 SF. The property offers large windows, good sign visibility from the road directly on each unit plus a large sign tower at the entrance to the place. The leases will be triple net with a base rent of $28.00 per square foot for the first year with annual escalations. The building's operating costs are currently $13.63 per square foot which, due to excellent management, falls below the average rate for similar buildings. Tenants will pay for their hydro, gas, and water in addition to the rent. Parking is included at no additional charge. Mandatory pylon sign rental is $75 per month. Food-related business will not be considered. (id:47423)
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Detailed Information
Lot
275 x 147 ft
Listing Contract Date
2024-07-15
Maintenance Fee Type
Other, See Remarks
# of Parking Spaces
41
Property Type
Retail
Transaction Type
For lease
Zoning Description
AM3
Building
Constructed Date
1990
Land
Total Size
275 ft X 147 ft
Size of Irregular Land
275 ft X 147 ft
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