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1667 Merivale Rd 2,880 SF 100% Leased Retail Building Ottawa, ON K2G 3K2 $1,399,999 CAD ($486.11 CAD/SF)
Investment Highlights
- Fully leased retail strip along Ottawa’s high-traffic Merivale Road corridor.
- Prominent frontage with exposure to over 50,000 vehicles daily at a major intersection.
- Located in a densely populated area surrounded by strong residential neighborhoods.
- 100% occupancy with established tenants, including a recognized franchise operator.
- Minutes from Highway 417, ensuring convenient access throughout the region.
- Proximity to RioCan Merivale Place, Meadowlands Mall, and national retail anchors.
Executive Summary
1667 Merivale Road presents a compelling opportunity for investors to acquire a fully leased retail property in one of Ottawa’s busiest and most established commercial corridors. This two-tenant retail strip offers 2,880 square feet of space and provides secure, long-term in-place income through leases with a national franchise operator and a well-established local business. Located along Merivale Road, a primary arterial retail route, the property benefits from exposure to over 50,000 vehicles per day (2023 data) and exceptional visibility at the intersection of Merivale Road and Meadowlands Drive.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,880 SF
Building Class
C
Year Built
2003
Price
$1,399,999 CAD
Price Per SF
$486.11 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.32 AC
Parking
19 Spaces (6.6 Spaces per 1,000 SF Leased)
Frontage
37’ on Merivale Rd
Amenities
- Bus Line
- Dedicated Turn Lane
- Security System
- Signage
- Signalized Intersection
- Accent Lighting
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 3
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1667 Merivale Rd
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