1396 Windmill Lane,Ottawa, ON K1B4V5
Ottawa, ON K1B4V5
Description
This NNN investment acquisition presents a compelling opportunity for yield-focused investors seeking steady, predictable cash flow in one of Ottawa's most resilient industrial submarkets.Fully anchored by Synergy Formwork under an excellent covenant, 1396 Windmill Lane underwent a custom building-wide renovation in 2021 to suit the tenant's operational needs on a 7-year lease. Spanning 20,050 sq. ft. of Gross Floor Area (including a 1,250 sq. ft. mezzanine). Positioned in a high-demand commercial corridor with historically low vacancy rates and strong tenant retention, this versatile light industrial asset offers immediate income security paired with low-friction operations and stable, risk-adjusted returns.This property has 6 bay doors, floor to ceiling height ranges from 18' to 20', power is 400 amp, 600 volt. (id:13843)
Details
| MLS # | X13722856 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 57 |
| Listing Provided By | Initia Real Estate | Jean Levac |
Features
| SQ Feet | 20,050 |
|---|---|
| Zoning | IL |
| Acreage | 1.81 |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 76475.42 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1B4V5 |
| Listing VS Median (in K1B4V5) | |
Price: $5,599,999 low | high Med: $5,599,999 sqft: 20,050 low | high Med: 20,050 $ / sqft: $279 low | high Med: $279 On site: 57 low | high Med: 57 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1B4V5 |
| Listing VS Median (in K1B4V5) | |
Price: $5,599,999 low | high Med: $5,599,999 sqft: 20,050 low | high Med: 20,050 $ / sqft: $279 low | high Med: $279 On site: 57 low | high Med: 57 | |
