416-585-4659
600 Terry Fox Dr, Ottawa, ON for Sale
Office - FOR SALE
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600 Terry Fox Dr
Ottawa, ON K2L 4B6
Nepean Kanata


HIGHLIGHTS

  • The property is 89% leased with a strong tenant mix and great redevelopment potential.
  • The building is situated along Terry Fox Drive, Kanata’s major north-south corridor, offering excellent connectivity to Ottawa’s downtown core.
  • Positioned in the heart of Kanata South, the property benefits from proximity to major retail centers, residential neighborhoods.
  • The surrounding area sees high traffic volumes, with 33,536 vehicles per day reported in 2024 at nearby intersections.
  • With its strategic location, flexible zoning, and strong tenant profile, 600 Terry Fox Drive presents a compelling investment opportunity.

OVERVIEW

Marcus & Millichap, Brokerage (“Advisor”), on behalf of the Vendor, is pleased to present the opportunity to acquire a 100% freehold interest in 600 Terry Fox Drive, located in Kanata, Ontario, Canada. This two-storey professional office building offers 22,133 square feet of Gross Leasable Area (GLA) and is currently 89% occupied by nine tenants, with a Weighted Average Lease Term (WALT) of 3.6 years. The site spans approximately 1.9 acres (82,872 SF) and is zoned IL5 H(22), allowing for a wide range of employment uses and a maximum building height of 22 metres. Constructed around 1989, the property features 100 surface parking stalls, equating to a parking ratio of 4.52 per 1,000 SF, and includes one truck-level loading door at the rear. The building is situated along Terry Fox Drive, Kanata’s major north-south corridor, with approximately 254 feet of frontage and is less than 700 metres from Highway 417, offering excellent connectivity to Ottawa’s downtown core and surrounding regions.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

IL5 H(22)

APN/PARCEL ID

061430081603970

ASK ABOUT THIS PROPERTY

Aik AliferisInstitutional Property AdvisorsMore Info
416-585-4659

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Aik AliferisInstitutional Property AdvisorsMore Info
416-585-4659

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