UNDER CONTRACT

Innovation Station
Ottawa, ON
Investment Highlights:
  • Recently constructed in 2019, with superior quality and finishes, the plaza has been carefully leased to a diverse mix of needs-based and service-oriented tenancies which create a healthy draw.
  • Strong roster of convenience and essential service tenancies with an excellent weighted average lease term of 6.97 years.
  • The population within a 5 km radius of the site is expected to increase by approximately 10% over the next 5 years and has a current average household income of $157,469.
  • The Property is easily accessible by both public transportation and vehicle from the surrounding area, being in close proximity to many major thoroughfares including March Road. Terry Fox Drive also conveniently provides direct access to the Queensway / Highway 417.
Property Overview
Address:  ​5035, 5045, 5055 Innovation Drive, Ottawa, ON
Intersection:  Terry Fox Drive and Innovation Drive
GLA:  15,375 SF
Site Area:  1.97 acres
Key ​Tenants:  St. Louis Bar & Grill, Starbucks, Burrito Gringo, 3 Brothers Shawarma & Poutine, Pizza Hut, Physiocare, Kanata Highlands Veterinary Hospital, Kanata Highlands Dental Care
​Occupancy:  100%
WALT​:  ​6.97 years
Documents
Property Location
Contact us for more information:
Matthew T. Smith*
Executive Vice President
National Retail Investment Group
416-304-6004
Nick Macoritto*
​Executive Vice President
​National Retail Investment Group
416-238-5874
Mark Leshchyshyn*
Sales Associate
​National Retail Investment Group
416-304-6022
Graeme Webster**
Partner & Co-Founder
Koble Commercial Real Estate
​(613) 852-8664
Richard Getz*
Senior Advisor
Koble Commercial Real Estate
(613) 447-4552
* Sales Representative  **Broker

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