Description

A high-traffic retail strip mall on St Joseph Blvd in Orleans, in the east end of Ottawa. This is a well-managed building that offers great exposure and on-site parking. Ideal for retail, office, fitness, and professional services. We have one unit remaining at the West end of the building. The space is 1,832 SF. The property has excellent sign visibility from the road with a large sign box directly on each unit. The leases at the property 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 $15.00 per square foot. Tenants will pay for their hydro, gas, and water in addition to the rent. Parking is included at no additional charge. The pylon sign rental is $75 per month. The interior of the space has been restored to its original base building form, providing an open canvas for the next tenant to complete their interior fit-up. One bathroom will be provided. New windows are being installed on the front of the unit to update the space.