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:374)
| MLS # | X13206788 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 145 |
| Listing Provided By | CAPITAL COMMERCIAL INVESTMENT CORP. | Florian Nagelschmitz |
| SQ Feet | 14,395 |
|---|---|
| Zoning | MS2 - Mainstreet 2 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Other |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 107501 |
|---|
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2S2R2 |
| Listing VS Median (in K2S2R2) | |
Price: $8,500,000 low | high Med: $8,500,000 sqft: 14,395 low | high Med: 14,395 $ / sqft: $590 low | high Med: $590 On site: 145 low | high Med: 145 | |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2S2R2 |
| Listing VS Median (in K2S2R2) | |
Price: $8,500,000 low | high Med: $8,500,000 sqft: 14,395 low | high Med: 14,395 $ / sqft: $590 low | high Med: $590 On site: 145 low | high Med: 145 | |