613-780-1577
2260-2300 Walkley Rd, Ottawa, ON for Sale
Flex - FOR SALE
1/9
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2260-2300 Walkley Rd
Ottawa, ON K1G 6A8
East Central


HIGHLIGHTS

  • Prominently located at the entrance to the Ottawa Business Park, the Property occupies 5.06 acres at the corner of Walkley Rd and St. Laurent Blvd.
  • The Property offers the purchaser the potential to significantly enhance returns through lease up and significant gap to market rent.
  • The opportunity will provide the purchaser with a strong, diverse tenant base.
  • The Property has undergone a proactive capital improvement program, with over $400,000 invested in the past four years.
  • Strategic Location

OVERVIEW

On behalf of the Vendor, Cushman & Wakefield Ottawa (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 2260 Walkley Road, Ottawa, ON (the “Property”). This landmark suburban office and industrial building, colloquially known as the Canon Building, is situated on 5.06 acres at the gateway of one of Ottawa’s top business parks. The Property comprises 47,252 gross leasable area (GLA) over a 2-storey office component and 18’-clear industrial component, currently occupied by five tenants. The Property offers a diverse tenant mix of office, medical and warehouse users. The Property offers tenants and their employees a prime location with quick and convenient access to major transportation routes, public transit, and a wide variety of amenities. The Property has benefited from institutional grade management and proactive capital expenditure programs, which have seen significant capital invested, including paving rehabilitation, window replacement and lobby modernization. These attributes have created a bright and modern office building for tenants and visitors. The Property offers a stable, diverse tenant mix of embedded tenants with significant tenure while offering opportunities for the purchaser to enhance cash flow and returns by taking advantage of under market rents, leasing opportunity and development potential.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

-

PARKING SPACES

114

LAND DETAILS

LAND ACRES

5.06

LAND SF

220,414

ZONING

IL H(11)

APN/PARCEL ID

041650663

ASK ABOUT THIS PROPERTY

Nathan SmithCushman & Wakefield OttawaMore Info
613-780-1577

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Nathan SmithCushman & Wakefield OttawaMore Info
613-780-1577

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.