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104-118 Preston St 1,882 SF of Office Space Available in Ottawa, ON K1R 7P2



HIGHLIGHTS
- Tenant pays: hydro, gas and operating expense estimated at $1,960 / month
- Surrounded by restaurants, cafés, and retail shops, and with convenient access to public transit and Highway 417.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 1,882 SF | Negotiable | $12.49 CAD/SF/YR $1.04 CAD/SF/MO $23,506 CAD/YR $1,959 CAD/MO | Modified Gross |
2nd Floor
Prime office opportunity at the intersection of Preston and Somerset in Ottawa's Little Italy. This second-floor space offers 1,882 square feet of functional office area with excellent natural light and strong street visibility.The property is ideally suited for professional offices, creative firms, or service-based businesses seeking a central, amenity-rich location. Surrounded by restaurants, cafés, and retail shops, and with convenient access to public transit and Highway 417, this space provides both convenience and connectivity. 2 parking spaces included. Tenant pays: hydro, gas and operating expense estimated at $1,960 / month
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 5 - 16 People
- 3 Private Offices
- Fully Carpeted
- Drop Ceilings
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,882 SF | Gross Leasable Area | 13,200 SF |
| Property Type | Retail | Year Built | 1947 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,882 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 13,200 SF |
| Year Built | 1947 |
NEARBY MAJOR RETAILERS
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104-118 Preston St
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