COMMERCIAL SPACE FOR LEASE ASSIGNMENT IN OTTAWA2,905 SQ. FT. SH View full photo 6 photos
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$6,907

COMMERCIAL SPACE FOR LEASE ASSIGNMENT IN OTTAWA2,905 SQ. FT. SH

Ottawa,
Posted 2 hours ago
Description
COMMERCIAL SPACE FOR LEASE ASSIGNMENT IN OTTAWA
2,905 SQ. FT. SHOWROOM OFFICE WAREHOUSE

850 Industrial Avenue, Ottawa, ON K1G 4H3

A spacious and versatile commercial unit is available through lease assignment. This space is ideal for businesses looking to combine a showroom, office and warehouse under one roof.

It may be suitable for building material sales, e-commerce storage, wholesale distribution, light manufacturing or other commercial operations, subject to the landlord’s approval.

Property Highlights:

• Approximately 2,905 sq. ft.
• Flexible showroom, office and warehouse layout
• Large overhead/loading door for convenient deliveries
• Private washroom
• Heating system;
• Three parking spaces included at no additional charge
• Convenient Industrial Avenue location
• Flexible possession date
• Take over the existing lease without committing to a brand-new five-year term

Current Monthly Rent:

• Basic rent: approximately $3,989.53/month
• Estimated additional rent: approximately $2,190.85/month
• Hydro: approximately $726.25/month
• Estimated current total: approximately $6,907/month HST and gas

Scheduled Basic Rent:

• Now–January 31, 2027: $3,989.53/month
• February 1, 2027–January 31, 2028: $4,108.15/month
• February 1, 2028–January 31, 2029: $4,231.62/month
• February 1, 2029–January 31, 2030: $4,359.92/month

The basic rent increases by approximately 3% per year. The existing lease runs until January 31, 2030.

This is an excellent option for a business seeking a practical all-in-one space for customer-facing operations, office work, storage and deliveries, with a shorter remaining commitment than a new long-term commercial lease.

This is a lease assignment and is subject to the landlord’s approval, including financial and credit review of the incoming tenant.

Please message me for additional information, photos or to arrange a viewing.

DM or call 613-853-3336

When you call, please mention you found this ad on OKZ.ca

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