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
