Property Description

10 Acres of Light Industrial Development Land Available in rapidly growing West End Ottawa: On Moodie Drive close to Highway 416/Brophy Drive interchange. Offered subject to severance and rezoning by Seller at Seller's expense, subject to municipal approval. Proposed light industrial uses include Industrial Outdoor Storage (IOS), staging/contractor yards, equipment storage, parking, coverall buildings, workshops, sea-can storage and related commercial-industrial uses. Approximately 460 feet of frontage on Moodie Drive with excellent visibility and access to Highways 416, 417 and 7. Amazon's Barrhaven fulfillment centre is approximately 11 minutes away. Hydro available on-site. Potential for phased development with yard operations first and buildings added later. Buyer may be permitted to commence planning, engineering, environmental and site plan work during the approval process, subject to Seller approval. Rare opportunity to acquire a substantial industrial development parcel in one of Ottawa's strongest growth corridors. Ottawa's industrial market remains one of the tightest in Canada, with vacancy rates reported between approximately 2.5% and 4.4% and limited availability of functional industrial space. Industry reports indicate that a shortage of industrial land and owner-user opportunities continues to support strong demand throughout the National Capital Region. One of the few large-format industrial development opportunities in Ottawa's west end. Excellent proximity to Nepean, Ottawa, Kanata, Stittsville, Barrhaven and Eastern Ontario. Rare opportunity for owner-users seeking to control occupancy costs through ownership rather than leasing. Growing demand for Industrial Outdoor Storage (IOS), staging/contractor yards and equipment parking plus storage facilities. (id:7434)