1600 Laperriere Avenue, Ottawa, ON OFFICE INVESTMENT ...
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
OFFERING SUMMARY
PROPERTY HIGHLIGHTS
Sale Price:
$4,500,000 CAD
Price / SF:
$220.36 CAD
Cap Rate:
• 20,421 sf office building • 4,377 sf available immediately • ~$234,000 Net income from remaining tenants
7.68%
• Potential net income is $300,000+
NOI:
$345,560
Lot Size:
1.11 Acres
• 4:1,000 sf parking ratio
Year Built:
Building Size:
Renovated:
1981
• 1.11 acre site • Quick access to Hwy 417 • 2 grade level bay doors
20,421 SF
• Additional ~1200 basement storage
2009
IL H(11) - Light Industrial
Market:
Queensway Corridor
• Penthouse multi-zone mechanical system installed in 2009
Zoning:
• Power generator onsite
Submarket:
Woodward Industrial Area
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
1600 LAPERRIERE AVENUE, OTTAWA, ON
1600 Laperriere Avenue Ottawa, ON K1Z 8P5
PROPERTY TYPE:
Office
LOT SIZE:
1.11 AC
BUILDING CLASS:
B
ZONING:
IL H(11) - Light Industrial
PARKING SPACES:
83
PARKING RATIO:
4:1000
CROSS STREETS:
Clyde and Laperriere
YEAR BUILT:
1981
YEAR RENOVATED:
2009
NUMBER OF STORIES:
2
CONSTRUCTION TYPE:
Concrete block and steel frame
EXTERIOR WALLS:
Split face concrete block and metal siding
ROOF:
Built-up tar and gravel roof cover over a steel deck
CEILINGS:
Suspended t-bar
INTERIOR WALLS:
Painted dry wall
FLOOR COVERINGS:
Carpet, vinyl tile, ceramic tile
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
INCOME SUMMARY
Potential Rental Income
$345,560
Recovery Income
$292,100
GROSS INCOME
$637,660
EXPENSE SUMMARY
Salaries, Admin, Professional Services
$15,792
Property Taxes
$81,322
Insurance
$6,500
Utilities
$153,820
Repairs and Maintenance
$14,360
Contracted Services
$20,306
GROSS EXPENSES
$292,100
NET OPERATING INCOME
$345,560
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
1st Floor Fully Leased
2nd Floor Vacancy Available Immediately
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
Lease Rate:
$15.00 CAD SF/YR (NNN)
Total Space
4,377 SF
Lease Type:
NNN
Lease Term:
5 or 10 year
SPACE
SPACE USE
LEASE RATE
LEASE TYPE
SIZE (SF)
TERM
COMMENTS
1600 Laperriere Ave
Office Building
$15.00 CAD SF/YR
NNN
4,377 SF
5 or 10 year
Fully Net
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by KOBLE, and KOBLE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. KOBLE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from KOBLE.
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
FOR SALE & LEASE
OFFERING SUMMARY
PROPERTY HIGHLIGHTS
Sale Price:
$4,500,000 CAD
Price / SF:
$220.36 CAD
Cap Rate:
• 20,421 sf office building • 4,377 sf available immediately • ~$234,000 Net income from remaining tenants
7.68%
• Potential net income is $300,000+
NOI:
$345,560
Lot Size:
1.11 Acres
• 4:1,000 sf parking ratio
Year Built:
Building Size:
Renovated:
1981
• 1.11 acre site • Quick access to Hwy 417 • 2 grade level bay doors
20,421 SF
• Additional ~1200 basement storage
2009
IL H(11) - Light Industrial
Market:
Queensway Corridor
• Penthouse multi-zone mechanical system installed in 2009
Zoning:
• Power generator onsite
Submarket:
Woodward Industrial Area
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
1600 LAPERRIERE AVENUE, OTTAWA, ON
1600 Laperriere Avenue Ottawa, ON K1Z 8P5
PROPERTY TYPE:
Office
LOT SIZE:
1.11 AC
BUILDING CLASS:
B
ZONING:
IL H(11) - Light Industrial
PARKING SPACES:
83
PARKING RATIO:
4:1000
CROSS STREETS:
Clyde and Laperriere
YEAR BUILT:
1981
YEAR RENOVATED:
2009
NUMBER OF STORIES:
2
CONSTRUCTION TYPE:
Concrete block and steel frame
EXTERIOR WALLS:
Split face concrete block and metal siding
ROOF:
Built-up tar and gravel roof cover over a steel deck
CEILINGS:
Suspended t-bar
INTERIOR WALLS:
Painted dry wall
FLOOR COVERINGS:
Carpet, vinyl tile, ceramic tile
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
INCOME SUMMARY
Potential Rental Income
$345,560
Recovery Income
$292,100
GROSS INCOME
$637,660
EXPENSE SUMMARY
Salaries, Admin, Professional Services
$15,792
Property Taxes
$81,322
Insurance
$6,500
Utilities
$153,820
Repairs and Maintenance
$14,360
Contracted Services
$20,306
GROSS EXPENSES
$292,100
NET OPERATING INCOME
$345,560
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
1st Floor Fully Leased
2nd Floor Vacancy Available Immediately
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
Lease Rate:
$15.00 CAD SF/YR (NNN)
Total Space
4,377 SF
Lease Type:
NNN
Lease Term:
5 or 10 year
SPACE
SPACE USE
LEASE RATE
LEASE TYPE
SIZE (SF)
TERM
COMMENTS
1600 Laperriere Ave
Office Building
$15.00 CAD SF/YR
NNN
4,377 SF
5 or 10 year
Fully Net
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
OFFICE INVESTMENT OPPORTUNITY | $4,500,000 1600 Laperriere Avenue, Ottawa, ON
FOR SALE & LEASE
The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by KOBLE, and KOBLE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. KOBLE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from KOBLE.
GRAEME WEBSTER
MARC MORIN
613.237.0123 X 203 [email protected]
613.237.0123 X 202 [email protected]
502 - 100 Gloucester Street Ottawa, ON K2P 0A4 www.koble.ca
