$5,599,999

1396 Windmill Lane

Sheffield Glen/Industrial Park, Ottawa, ON K1B4V5 · MLS® X13722856

  • 20,050 square feetLiving area

About this property

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:65933)

Type
Industrial
Category
Industrial
Lot size
2 acres
Annual taxes
$76,475
Updated
Aug 30, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Initia Real Estate.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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