COMMERCIAL INDUSTRIAL SITE FOR SALE 1905 MERIVALE ROAD ,

BENTLEY AVENUE

MERIVALE ROAD

BONGARD AVENUE

ENTERPRISE AVENUE 1905 MERIVALE ROAD | OTTAWA, ONTARIO CBRE | MARKETING FLYER THE OPPORTUNITY

CBRE Limited (“CBRE” or the “Advisor”) has been retained by the Vendor to act as its exclusive advisor to SURVEY facilitate the sale of 1905 Merivale Road (the “Property” or “Site”), an industrial/showroom building measuring approximately 9,160 sq. ft. of rentable area, fully-leased to one long-standing tenant. Situated at the intersection of Merivale Road and Enterprise Avenue, the highly visible 0.86-acre Site features signalized access and approximately 100 feet of frontage onto Merivale Road. The Property is zoned General Industrial, which permits a broad range of commercial uses including outdoor storage. The offering provides investors with a rare opportunity to secure an income-generating property in a highly sought after node for industrial/ showroom users.

PROPERTY DETAILS

Address 1905 Merivale Road, Ottawa, Ontario

PIN 046280112

PT LTS 110, 111, 112, 113, 125, 126, 127, 128 & 129, PL 382 ; PT ANDREW AV, PL 382 , CLOSED BY NP51189 ; PT CLARKE RD, PL 382 , Legal Description CLOSED BY NP51189 ; PT LT 27, CON A RIDEAU FRONT ; ALL BEING PTS 7 & 8, 5R9378 ; S/T NS73776 NEPEAN; S/T EASEMENT IN FAVOUR OF CITY OF OTTAWA OVER PT 1, PLAN 4R-19134 AS IN OC376093

Year Built 1962 (rear addition in 2001 & renovated in 2008)

Building Area 9,160 sq. ft. (30% office/showroom)

Land Size 0.86 acres

Loading 8 drive-in doors

Ceiling Height ~20 foot at peak

Dimensions Frontage is ~100 feet along Merivale Road

Property Taxes $28,775.94 (Final 2017)

Lot Coverage 25% (65% maximum allowable)

Zoning IG - General Industrial

PRICE $2,450,000.00

2 1905 MERIVALE ROAD | OTTAWA, ONTARIO CBRE | MARKETING FLYER NODE OVERVIEW | MERIVALE CORRIDOR

MERIVALE ROAD COLONNADE ROAD

WEST WEST HUNT CLUB ROAD

MERIVALE ROAD BENTLEY AVENUE

CAMELOT DRIVE 1905 MERIVALE ROAD

ENTERPRISE AVENUE

4 BONGARD AVENUE 5 1905 MERIVALE ROAD | OTTAWA, ONTARIO CBRE | MARKETING FLYER PROPERTY PHOTOS SALE PROCESS

Based on information contained in this information package and other information contained in the data room, access to which will be provided electronically and upon signing a Confidentiality Agreement, interested parties are invited to submit an offer to purchase. None of the initial offers, regardless of their form and content will create any binding legal obligations upon the Seller or CBRE. Neither the Seller nor CBRE make any representation, warranty, or any agreement whatsoever, that the Seller will accept any agreement of purchase and sale, before or after negotiations, or, that the Seller or CBRE, shall compensate any participant for any costs incurred in its participation in the process.

No offers shall be reviewed before May 24, 2018 at 12:00 PM EST.

Offers will be evaluated, among other criteria, on the consideration offered for the Property, the prospective buyer’s ability to complete the transaction and the proposed terms of closing (all cash). Prospective buyers should note that the Seller is under no obligation to select any of the offers.

DATA ROOM Upon signing a Confidentiality Agreement, qualified parties will be provided access to the electronic data room. The data room contains all of the relevant documents related to the property.

DUE DILIGENCE The Property is being offered on an “as is, where is” basis, and that no such representations or warranties have been made by the Seller, or anyone acting on its behalf, as to the condition of the Property or any buildings located thereon. Parties are invited to inspect the Property and review all due diligence material available in the data room, prior to the submission of any offer. Property inspections may be arranged by appointment through CBRE.

ADVISOR The Advisor is acting solely as the agent for the Vendor and not as the agent for the purchaser. All inquiries regarding the Property or any information contained in this marketing package should be directed to CBRE Limited, Brokerage, as Advisor for the Vendor:

CBRE Limited, Brokerage Erik Falardeau* Nico Zentil* Daniel Niedra Ottawa Office Vice President Senior Vice President Sales Representative 333 , 7th Floor +1 613 788 3791 +1 613 788 2708 +1 613 691 2113 Ottawa, Ontario K1S 5N4 [email protected] [email protected] [email protected]

*Sales Representative 6 7 1905 MERIVALE ROAD

+

PRICE: $2,450,000

CBRE Limited, Real Estate Brokerage 333 Preston Street 7th Floor | Ottawa, Ontario | K1S 5N4 | T +1 613 782 2266 | F +1 613 782 2296​ | www.cbre.ca

ERIK FALARDEAU* NICO ZENTIL* DANIEL NIEDRA Vice President Senior Vice President Sales Representative +1 613 788 3791 +1 613 788 2708 +1 613 691 2113 [email protected] [email protected] [email protected]

*Sales Representative

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.