1396 Windmill Lane, Ottawa
This NNN investment acquisition presents a compelling opportunity for yield-focused investors seeking steady, predictable cash flow in one of Ottawa's most resilient industrial submarkets.Fully anchored by Synergy Formwork under an excellent covenant, 1396 Windmill Lane underwent a custom building-wide renovation in 2021 to suit the tenant's operational needs on a 7-year lease. Spanning 20,050 sq. ft. of Gross Floor Area (including a 1,250 sq. ft. mezzanine). Positioned in a high-demand commercial corridor with historically low vacancy rates and strong tenant retention, this versatile light industrial asset offers immediate income security paired with low-friction operations and stable, risk-adjusted returns.This property has 6 bay doors, floor to ceiling height ranges from 18' to 20', power is 400 amp, 600 volt. (id:1945)
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Property details for 1396 Windmill Lane, Ottawa
- Type
- Commercial
- Living Area
- 20,050 square feet
- Lot Size
- 1.81
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $76,475 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 1396 Windmill Lane
Active Listings
113
Min Price
$2,200
Max Price
$5,599,999
Avg Price
$698,721
Days on Market
94
days
Sold Listings
47
Min Sold Price
$59,990
Max Sold Price
$1,099,000
Avg Sold Price
$575,919
Days until Sold
64
days
Neighbourhood Census Data
Ottawa, Ontario
Population
280
Median Age
50.2
Median Income
$28,501
Dwelling Value
$377,155
Housing Tenure
Owners 64%
Renters 36%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 202.8/km²
Avg Shelter Cost: $1,162/mo
Owners with Mortgage: 37.5%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 44.6%
French only: 5.4%
English and French: 48.2%
Neither: 1.8%
Median Household Income: $58,240
Median Employment Income: $27,968
Price History
Listed
August 31, 2026
by Initia Real Estate
Current Price
$5,599,999
Type
Commercial
For Sale
Contact Agent Get in touch about 1396 Windmill Lane, Ottawa
Jean Levac
Initia Real Estate