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:4555)
PROPERTY SPECS
Price $5,599,999
City Ottawa, Ontario
Address 1396 Windmill Lane
Listing ID X13722856
Square Footage 20050
Land Size 1.81
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeIndustrialOwnershipFreeholdHeating / CoolingForced air, Natural gas