Overview
- Updated On:
- February 20 2025
- MLS® Number
- X11980887
Description
High-traffic retail strip mall on St Joseph Blvd in Orleans in the East of Ottawa. A very well-managed and maintained building offers great exposure and lots of on-site parking. Ideal for retail, office, and medical service providers. Currently, there are lease options for 650 SF, 1,068 SF, 1,832 SF, 2,250 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 pylon at the entrance to the place. The leases are 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:57887)
