Sean Kim
Broker
$5,599,999
Available - For Sale
Listing ID: X13722856
1396 Windmill Lane , Elmvale Acres and Area, K1B 4V5, Ottawa
| This NNN investment acquisition presents a compelling opportunity for yield-focused investors seeking steady, predictable cash flow in one of Ottawa's most resilient industrial submarkets.Fully anchored by Synergy Formwork under an excellent covenant, 1396 Windmill Lane underwent a custom building-wide renovation in 2021 to suit the tenant's operational needs on a 7-year lease. Spanning 20,050 sq. ft. of Gross Floor Area (including a 1,250 sq. ft. mezzanine). Positioned in a high-demand commercial corridor with historically low vacancy rates and strong tenant retention, this versatile light industrial asset offers immediate income security paired with low-friction operations and stable, risk-adjusted returns.This property has 6 bay doors, floor to ceiling height ranges from 18' to 20', power is 400 amp, 600 volt. |
| Price | $5,599,999 |
| Taxes: | $76475.42 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 1396 Windmill Lane , Elmvale Acres and Area, K1B 4V5, Ottawa |
| Postal Code: | K1B 4V5 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Innes Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Free Standing |
| Building Percentage: | T |
| Total Area: | 20050.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Rail: | N |
| Clear Height Feet: | 20 |
| Truck Level Shipping Doors #: | 0 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 6 |
| Grade Level Shipping Doors #: | 6 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Initia Real Estate |
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Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Industrial |
| Area: | Ottawa |
| Municipality: | Elmvale Acres and Area |
| Neighbourhood: | 3705 - Sheffield Glen/Industrial Park |
| Tax: | $76,475.42 |
| Fireplace: | N |
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