38 Antares Drive, Ottawa, ON

Zinati Realty is pleased to offer for sale a 100% freehold interest in 36-38 Antares Drive (“Property”), a multi-tenant complex totalling 81,541 square feet (“SF”) located in Ottawa, Ontario, Canada. The Property consisting of two flex-industrial buildings, is located in the Ottawa South submarket, a strong performing market in Ottawa with an industrial vacancy rate of 1.7%. The Property is well-located and offers exceptional regional access across Ottawa, and is well-serviced by numerous nearby retail amenities. The Property is 90.2% leased to a highly diversified tenant base consisting of 13 tenants with a weighted average lease term remaining of 4.3 years. Offering a stabilized cash flow with strong in-place income, the Property’s recent leasing activity reinforces the robust tenant demand across the offering. The Property offers a 5-year NOI compound annual growth rate (CAGR) of 3.2%.

• 90.2% leased to an excellent tenant roster with contractual rental escalations and a weighted average lease term of 4.3 years
• Strong and stable income growth over time with the 5-year Net Operating Income compound annual growth rate at 3.2%, generating an attractive return profile
• Proven tenant demand with 23,387 square feet (29% of GLA) leased since 2025
• Diversified mix of 13 tenants with no single tenant accounting for more than 23.4% of total rentable area, resulting in low leasing risk and income stability