1305 Algoma Road, Cyrville - Carson Grove - Pineview
$4,150,000
1305 Algoma Road, Cyrville - Carson Grove - Pineview
Total Monthly Obligation $21,947
No agent assigned
On behalf of the owner, CBRE Limited, is pleased to present 1305 Algoma Road, Ottawa, Ontario. Located in the Ottawa East industrial business park, one of Ottawa's most established industrial nodes, 1305 Algoma Road offers an investor a unique purchase opportunity. Currently 100% occupied by a single tenant, with an expiry in Q2, 2028, and no further right to renew, the property delivers immediate cash flow with an opportunity to either extend the current tenant, occupy the property or release the property at the natural expiry of the Lease. 1305 Algoma is improved as a large vehicle service, dispatch, parking and storage facility. The 1.981-acre site is zoned IL H(14) - Industrial and Logistics Zone, supporting a wide range of industrial uses. The building is 11,464 square feet. The property benefits from excellent highway accessibility, with connectivity to Highway 417 at each Innes Road and St. Laurent Blvd. The area is serviced by public transit, with numerous routes within immediate proximity of 1305 Algoma Road. This is a unique opportunity to acquire existing cash flow and a property in a highly desirable and exceptionally scarce market area of Ottawa.
Closing Costs
Total Monthly Obligation
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