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 6.41 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.
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