595 West Hunt Club Road , Tanglewood - Grenfell Glen - Pin, ON K2G 5X6
Tanglewood - Grenfell Glen - Pin, ON K2G 5X6
Description
Rarely available. An opportunity to acquire a 8,993 square foot fully leased, highly visible Retail Plaza on .78 of an acre. Strategically located next to the Crossroads Centre at Merivale and Hunt Club Road. A primary arterial road with easy access. 35,000 vehicles Daily (Source City of Ottawa). The property provides a solid Tenant base with rental escalations through 2029. Net Operating Income is projected to be in excess of $200,000 within 24 months with potential future upside to rent. The Original Building Plans were designed with the possibility of a future expansion of the ground floor retail space by approximately 2200 -2400 square feet. No major capital costs are needed for many years. A clean phase 1 environmental report is available.
Details
| MLS# | X11887796 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Days On Site | 130 |
| Listing Provided By | EXP REALTY | X11887796 488700 |
Features
| SQ Feet | 8,993 |
|---|---|
| Acreage | 0.21 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Ottawa |
| City | Tanglewood - Grenfell Glen - Pin |
| Postal Code | K2G 5X6 |
| Area | 7502 Merivale Industrial Park |
| Listing VS Median (In K2G 5X6) | |
Price: $4,125,000 low | high Med: $4,125,000 SqFt: 8,993 low | high Med: 8,993 $ / SqFt: $459 low | high Med: $459 On site: 130 low | high Med: 130.000000 | |
