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221 Echo Dr 3,100 SF of Retail Space Available in Ottawa, ON K1S 1N1
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,100 SF | Negotiable | $37.00 CAD/SF/YR $3.08 CAD/SF/MO $114,700 CAD/YR $9,558 CAD/MO | Triple Net (NNN) |
1st Floor
Discover a unique commercial leasing opportunity along the scenic Rideau Canal at 221 Echo Drive. Offering 3,100 square feet of rentable area, this property was previously home to a restaurant and pub and is ideally suited for food and beverage, hospitality, or retail concepts looking to capitalize on a high-profile location. Situated in Old Ottawa East, one of the citys fastest-growing neighbourhoods, the space offers unmatched visibility to both local residents and visitors traveling into Ottawas downtown core. The sites proximity to the Canal ensures consistent year-round traffic, from daily commuters and nearby residents to tourists enjoying Ottawas landmark attractions. With a net rent of $37/sqft and additional rent of $15/sqft, 221 Echo Drive presents a rare chance to secure a prime location with strong growth potential. Its established restaurant infrastructure and prime position along one of Ottawas most recognizable routes make it an excellent opportunity to create a neighbourhood destination and a landmark stop for visitors alike.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- 8 Parking Spaces
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 3,100 SF | Gross Leasable Area | 4,995 SF |
| Property Type | Retail | Year Built | 1903 |
| Property Subtype | Restaurant | Parking Ratio | 4.02/1,000 SF |
| Total Space Available | 3,100 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,995 SF |
| Year Built | 1903 |
| Parking Ratio | 4.02/1,000 SF |
FEATURES AND AMENITIES
- Corner Lot
- Restaurant
- Security System
- Signage
- Waterfront
- Balcony
NEARBY MAJOR RETAILERS
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221 Echo Dr
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