14,395 sqft
Fully Air Conditioned
Other
$8,500,000
Hazeldean Square is a recently constructed and fully leased commercial property in Ottawa's thriving Stittsville suburb. The asset comprises two buildings totaling 14,395 sq. ft. of leasable area on a 0.84-acre site, with 62 parking spaces. Built in 2020, the property is 100% occupied by six established tenants, featuring strong national and regional brands, healthcare anchors, and service providers, ensuring stable, diversified income. The property boasts a weighted average lease term (WALT) of 5.7 years, with recent tenant expansions reflecting confidence and long-term commitment. All leases contain incremental rent increases. Located in a high-growth, affluent community, Hazeldean Square benefits from robust local demographics, strong retail demand, and proximity to major amenities. This property offers investors secure, predictable cash flow and long-term upside in one of Ottawa's most dynamic suburban markets. (id:63476)
Property Details
|
MLS® Number |
X13206788 |
|
Property Type |
Business |
|
Community Name |
8202 - Stittsville (Central) |
Building
|
Cooling Type |
Fully Air Conditioned |
|
Heating Type |
Other |
|
Size Interior |
14,395 Sqft |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Size Depth |
158 Ft |
|
Size Frontage |
270 Ft |
|
Size Irregular |
270 X 158 Ft |
|
Size Total Text |
270 X 158 Ft |
|
Zoning Description |
Ms2 - Mainstreet 2 |