2950 Carling Avenue, Ottawa, ON

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in 2950 Carling Avenue (the “Property”), a freestanding single tenant retail building comprised of 10,500 SF situated on 0.82 acres in Ottawa, Ontario. The Property is fully leased to Dollarama, Canada’s leading dollar store operator with over 1,000 locations across the country and a proven track record of delivering consistent value to customers. The Property boasts a healthy remaining lease term of 7.8 years with 2 x 5-year renewal options thereafter.

The Property is situated at the intersection of Carling Avenue and Roseview Avenue in Ottawa’s established west-end retail corridor. Constructed in 2008, the Property accommodates 34 parking stalls and benefits from exceptional visibility along one of Ottawa’s principal east-west arterial thoroughfares. 2950 Carling Avenue is further positioned to benefit from the ongoing westward extension of Ottawa’s O-Train Confederation Line, which will introduce a new LRT station at Pinecrest, approximately 1.5 km south of the Property, with revenue service anticipated in 2027. This transit infrastructure investment is expected to drive meaningful intensification and increased pedestrian traffic along the Carling Avenue corridor throughout the lease term and beyond.