Hazeldean Square is a recently constructed and fully leased commercial property in Ottawa's thriving Stittsville suburb. The asset comprises two buildings totaling 14,395 sq. ft. of leasable area on a 0.84-acre site, with 62 parking spaces. Built in 2020, the property is 100% occupied by six established tenants, featuring strong national and regional brands, healthcare anchors, and service providers, ensuring stable, diversified income. The property boasts a weighted average lease term (WALT) of 5.7 years, with recent tenant expansions reflecting confidence and long-term commitment. All leases contain incremental rent increases. Located in a high-growth, affluent community, Hazeldean Square benefits from robust local demographics, strong retail demand, and proximity to major amenities. This property offers investors secure, predictable cash flow and long-term upside in one of Ottawa's most dynamic suburban markets. (id:53622)
| MLS® Number | X13206788 |
| Property Type | Business |
| Community Name | 8202 - Stittsville (Central) |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Other |
| Size Interior | 14,395 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 158 Ft |
| Size Frontage | 270 Ft |
| Size Irregular | 270 X 158 Ft |
| Size Total Text | 270 X 158 Ft |
| Zoning Description | Ms2 - Mainstreet 2 |
https://www.realtor.ca/real-estate/29816513/6150-6160-hazeldean-road-ottawa-8202-stittsville-central
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