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Highlights

  • Prime Merivale Road location offering excellent visibility on one of Ottawa’s busiest commercial corridors.
  • Surrounded by established retail, restaurants, and services that drive consistent foot and vehicle traffic.
  • Easy access to public transit and major routes, making it convenient for customers, staff, and deliveries.
  • Situated in a well-known commercial hub of Nepean, ideal for a wide range of business uses.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,156 SF
  • Negotiable
  • $93.42 CAD/SF/YR $7.79 CAD/SF/MO $107,994 CAD/YR $8,999 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

Iconic Corner Pad Site Land Lease Opportunity at 1503 Merivale Road! This prime -acre corner site offers unmatched exposure at one of Ottawa's most recognizable intersections, with massive daily traffic and build-to-suit potential for your next QSR, café, bank, or retail flagship. Featuring generous frontage, excellent access, and abundant on-site parking, it is ideal for a drive-thru or standalone retail. The signalized intersection provides premium visibility and signage opportunities, while the surrounding national brands highlight the strength of this thriving arterial corridor. With the landlord open to a long-term NNN ground lease, this is a rare chance to secure a marquee location on Merivale Road where traffic, access, branding, and growth all come together. Lease price: $9000 per month.

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Space In Need of Renovation
  • Secure Storage
Space Size Term Rental Rate Rent Type
1st Floor 1,156 SF Negotiable $93.42 CAD/SF/YR $7.79 CAD/SF/MO $107,994 CAD/YR $8,999 CAD/MO Triple Net (NNN)

1st Floor

Size
1,156 SF
Term
Negotiable
Rental Rate
$93.42 CAD/SF/YR $7.79 CAD/SF/MO $107,994 CAD/YR $8,999 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

Iconic Corner Pad Site Land Lease Opportunity at 1503 Merivale Road! This prime -acre corner site offers unmatched exposure at one of Ottawa's most recognizable intersections, with massive daily traffic and build-to-suit potential for your next QSR, café, bank, or retail flagship. Featuring generous frontage, excellent access, and abundant on-site parking, it is ideal for a drive-thru or standalone retail. The signalized intersection provides premium visibility and signage opportunities, while the surrounding national brands highlight the strength of this thriving arterial corridor. With the landlord open to a long-term NNN ground lease, this is a rare chance to secure a marquee location on Merivale Road where traffic, access, branding, and growth all come together. Lease price: $9000 per month.

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Space In Need of Renovation
  • Secure Storage

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 1,156 SF
Property Type Retail
Property Subtype Fast Food
Gross Leasable Area 1,156 SF
Year Built 1959
Parking Ratio 31.56/1,000 SF

About the Property

Located at 1503 Merivale Road in Ottawa’s desirable Nepean area, this property offers outstanding exposure along one of the city’s busiest commercial corridors. The site benefits from strong vehicle and pedestrian traffic, excellent transit access, and close proximity to major roadways, making it highly convenient for customers, employees, and deliveries. Surrounded by a well-established mix of retail, dining, and service-oriented businesses, the location supports a wide range of commercial uses and provides an ideal setting for businesses seeking visibility, accessibility, and long-term growth.

  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
70/100

Nearby Major Retailers

FreshCo
TD Bank
Red Lobster
Denny's
CIBC
Mucho Burrito
St. Louis Bar & Grill
Thai Express
M&M Food Market
Tim Hortons
  • Listing ID: 38808561

  • Date on Market: 2025-12-17

  • Last Updated:

  • Address: 1503 Merivale Rd, Ottawa, ON K2E 5P3

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