36 Antares Dr
Ottawa, ON K2E 7W5
36-38 Antares Drive · Flex Property For Sale · 80,873 SF Total

36 & 38 Antares Drive presents the opportunity to acquire a 100% freehold interest in a two-building flex-industrial complex strategically positioned within Ottawa’s Ottawa South industrial submarket. The property comprises 81,541 square feet across two institutional-quality buildings situated on approximately 4.1 acres with approximately 585 feet of frontage along Antares Drive. Following a comprehensive renovation completed in 2016, the asset offers a functional mix of industrial and office space, generous parking, existing drive-in shipping infrastructure, and the ability to add additional shipping doors through existing building configurations.
The property is currently 90.2% leased to 13 tenants and benefits from a diversified rent roll with no single tenant representing more than 23.4% of the rentable area. The tenant roster spans professional services, technology, industrial, consulting, and trade-related occupiers, providing diversified income streams and reduced concentration risk. The offering includes a weighted average lease term of approximately 4.3 years and contractual rental escalations that support future income growth.
Location is a key component of the investment thesis. The property offers direct connectivity to Highway 416, Riverside Drive, and West Hunt Club Road while maintaining convenient access to Ottawa International Airport, public transit routes, and the Fallowfield VIA Rail station. The surrounding Ottawa South market remains one of the region’s most active industrial districts, supported by limited vacancy, established business parks, and proximity to major employment and commercial nodes. Combined with the property’s flexible configuration, shipping capabilities, and stable occupancy profile, the asset is positioned to benefit from continued tenant demand and future leasing upside.