36-38 Antares, Nepean, ON

36-38 Antares Drive offers exceptional regional access via Highway 416 and Riverside Drive with proximity to the Ottawa International Airport. Local bus transit is directly adjacent to the Property, with Fallowfield Via Rail station just south of the Property. The Property is surrounded by an abundance of retail and service-oriented amenitiesZinati Realty is pleased to offer for sale a 100% freehold interest in 36-38 Antares Drive (“Property”), a multi-tenant complex totalling 81,541 square feet (“SF”) located in Ottawa, Ontario, Canada. The Property consisting of two flex-industrial buildings, is located in the Ottawa South submarket, a strong performing market in Ottawa with an industrial vacancy rate of 1.7%. The Property is well-located and offers exceptional regional access across Ottawa, and is well-serviced by numerous nearby retail amenities. The Property is 90.2% leased to a highly diversified tenant base consisting of 13 tenants with a weighted average lease term remaining of 4.3 years. Offering a stabilized cash flow with strong in-place income, the Property’s recent leasing activity reinforces the robust tenant demand across the offering. The Property offers a 5-year NOI compound annual growth rate (CAGR) of 3.2%.