G-H - 60 COLONNADE ROAD

7203 - Merivale Industrial Park/Citiplace Ottawa K2E 7J6

An excellent opportunity to sublease approximately 4,811 SF of rentable industrial/office space offering approximately 5,600 SF of usable area, including approximately 805 SF of second-floor office/mezzanine space at NO ADDITIONAL RENT. The premises feature approximately 4,000 SF of warehouse space with approximately 18 feet clear height and a large drive-in door approximately 14 feet high, allowing trucks to enter and park inside. The rear of the property provides ample room for full-size tractor-trailer access and deliveries. The approximately 1,611 SF split-level office area was completely renovated in early 2026 with new flooring, kitchen, HVAC and lighting, providing a clean, modern and functional workspace. The original lease was for a five-year term commencing May 1, 2026, with the premises available immediately by way of sublease for the remaining term through April 30, 2031. Net rent is currently $17.00/SF, with annual increases of $0.50/SF, and operating costs are currently $8.39/SF. Landlord approval of the applicant and intended use is required, and the subtenant is responsible for all administrative and legal fees charged by the landlord in connection with the sublease or assignment. Located in Ottawa's desirable west-end Colonnade Business Park, an established business district with a strong mix of industrial, commercial, office and service-oriented businesses. The property offers convenient access from both east and west along Hunt Club Road, with connections to Merivale Road and Highway 417 only minutes away, providing excellent access throughout Ottawa and to regional transportation routes. (id:2493)