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.