



$5,599,999
Ottawa
1396 Windmill Lane, Ottawa, Ontario, K1B4V5
This industrial property in Ottawa is for sale.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 66 days on market, against an average age of 62 days across the listings currently for sale in this city
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Approximate location — exact address confirmed upon showing
This home lists at $5,599,999, about 58.3× the local median household income of $96,000.
Carrying it typically needs a household income of about $1,093,876 (20% down, 25-yr amortization, stress-tested) — roughly 1039% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1B)
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