Tanglewood - Grenfell Glen - Pineglen - 7502 - Merivale Industrial Park
Tanglewood - Grenfell Glen - Pineglen - 7502 - Merivale Industrial Park
Listed For $3,395,000
Get Pre-approvedAdded 4 months ago
Prime Investment Opportunity to acquire a Commercial Retail strip mall plaza on .78 of an acre with high visibility at one of Ottawas busiest intersections, adjacent to Nepean Crossroads Centre and exposed to nearly 94,000 vehicles daily. The 8,993 sq. ft. building including Bell Canada, Massage Addict, Safety House and Smoke Fx is fully leased. A solid tenant base with rent escalations ensuring stable long-term income. Neighboring tenants include Canadian Tire, Rona, Dollarama, Mark's, The Brick, LCBO, Structube,Costco and more. Net Operating Income $176,488 (2025). Current market rents below market position property for strong future upside. Originally designed with the potential to expand the ground floor retail area by an additional 2,200 - 2,400 sq. ft., the property offers strong fu
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