For Sale - 300 Richmond Road

Avison Young has been exclusively retained to arrange the offering and sale of 300 Richmond Road, Ottawa (“the Property”). The Property offers investors the rare opportunity to acquire a prominent, corner office & retail building situated in a transit-oriented node with various proposed developments nearby.

The Property is a fully leased 18,546 sf office building with retail at grade and 2 levels of underground parking. It has a Weighted Average Lease Term (WALT) of 3.9 years and a diverse mix of tenants including 4 retail and 3 office tenants.

Strategically located on Richmond Road, a major east-west thoroughfare through Ottawa, The Property benefits from excellent exposure and signage opportunities with its frontages on two streets. It is highly accessible via transit with bus stops near its frontage and the Transitway BRT line and future Westboro Station (2027) for LRT lines 1 & 3 all within walking distance. Highway 417 is just 1.5km south of the Property providing a convenient connection to the region’s extensive highway network.

300 Richmond Road provides investors with a fairly new, stable and care-free income producing property in a highly accessible and growing location.