The Shops at Milieu are conveniently located amongst a mix of existing residential density, St Paul University, Immaculata high school, and the established Greystone community with 900 homes.
Milieu is a mixed-use residential-over-retail building located on Main Street in the heart of Old Ottawa East. Retail tenants will benefit from the revitalization of Main St, its increased transit routes, and can capitalize on the influx of new residents into the area.
Property Highlights:
• Frontage with direct access on Main Street and the Grande Allée
• Patio/terrace to the Grande Allée
• At-grade public parking and loading
• Underground public parking for customers
• 125 new rental tenants within the building, with an additional 120 in adjacent building
• Established Greystone Community with 900 homes
• Trading area – 11,600 within a 5-minute walk
• High walk-score neighbourhood with year-round pedestrian traffic
Size: 1710 sq. ft.
Type: Condo/Retail Building
Term: 5 Years with 5 Year Option
Royalty: 3.5% of Tobacco, General Merchandise, and Food, 10% of Lottery Commissions
Franchise Fee: $30K+HST
Monthly Rent: $6,919.80/mo +HST, including TMI, excluding Utilities
$180,000 - 250,000
*Construction & Equipment estimate varies by size & space condition
*Inventory estimate $15,000 – 35,000; varies by store size and categories
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