1100 Ouellette Avenue, Windsor, Ontario N8X 1J6 (29332757)


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1100 Ouellette Avenue Windsor, Ontario N8X 1J6

Central Air Conditioning Forced Air

$3,399,000

A compelling opportunity to acquire a 15,138 sq. ft., 100% leased, healthcare-focused commercial asset offering secure, long-term income in one of Windsor’s most desirable and defensible locations. Located steps from Windsor Regional Hospital – Ouellette Campus, the property benefits from irreplaceable proximity to a major healthcare hub, driving consistent demand and exceptional tenant stability. Hospital-adjacent properties are among the most resilient commercial investments due to low vacancy risk and strong performance across market cycles. The asset delivers stable Net Operating Income, an attractive cap rate, and contractual rent escalations, providing inflation protection and long-term income growth. The tenant mix is comprised of established medical and healthcare users, historically one of the most reliable and recession-resistant tenant classes. Significant recent capital improvements materially reduce near-term capital exposure, including upgrades to electrical, plumbing, and HVAC systems, with heat pumps tied to a boiler serving the 1st and 3rd floors, six new heat pumps added to the 1st floor, and new furnaces, air conditioning, and ductwork installed on the 2nd floor in 2020. A quarterly maintenance agreement with Vollmer is in place to ensure continued operational reliability. The building is fully sprinklered, fire-rated, and equipped with a monitored fire alarm system, with updated plumbing on the main and second floors and a passenger elevator accessible from the parking lot/Dufferin Street side. Supported by strong local demographics and sustained healthcare demand, this asset offers durable cash flow and long-term value preservation. (id:52143)

Business

Business Type Industrial
Business Sub Type Industrial

Property Details

MLS® Number 26002623
Property Type Industrial
Features Visual Exposure

Building

Constructed Date 1970
Cooling Type Central Air Conditioning
Flooring Type Ceramic/porcelain, Cushion/lino/vinyl
Heating Fuel Natural Gas
Heating Type Forced Air

Land

Acreage No
Size Irregular 50.19 X 227.6 Ft / 0.262 Ac
Size Total Text 50.19 X 227.6 Ft / 0.262 Ac
Zoning Description Cd3.5

https://www.realtor.ca/real-estate/29332757/1100-ouellette-avenue-windsor

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