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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 2 | 1,541 SF | 9’ | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $30,116 CAD/YR $2,510 CAD/MO | Triple Net (NNN) |
1173 Queen St - 1st Floor - Ste 2
This suite has two years remaining in the lease and an owner that will consider sale of the business and/or with landlord approval, sale of the business, lease termination and a new lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 9’
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.
SELECT TENANTS AT PERRY PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Blooming Lashes
- Retailer
- -
- -
- Bricks & Minifigs
- Toys
- 116
- International
- Lil Off the Top - Barber
- Retailer
- -
- -
- Loving Sushi
- Accommodation and Food Services
- -
- -
- Posh Nail & Spa
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Blooming Lashes | Retailer | - | - |
| Bricks & Minifigs | Toys | 116 | International |
| Lil Off the Top - Barber | Retailer | - | - |
| Loving Sushi | Accommodation and Food Services | - | - |
| Posh Nail & Spa | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,541 SF | Frontage | 175’ on Queen Street |
| Center Type | Strip Center | Gross Leasable Area | 13,818 SF |
| Parking | 64 Spaces | Total Land Area | 1.88 AC |
| Stores | 8 | Year Built | 1988 |
| Center Properties | 1 |
| Total Space Available | 1,541 SF |
| Center Type | Strip Center |
| Parking | 64 Spaces |
| Stores | 8 |
| Center Properties | 1 |
| Frontage | 175’ on Queen Street |
| Gross Leasable Area | 13,818 SF |
| Total Land Area | 1.88 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
There is one suite potentially available via the sale of the business for say $10,000 replacement deposit and $5,000=$10,000 or best offer for business. The purchase is subject to new lease and new lease acceptance by the Landlord. Call/write with questions - Kenneth Labbe, Associate Real Estate Broker, PREM, Desk - 203-391-6805 Cell/Text - 860-891-8551; klabbe@pyramidregroup.com
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Perry Plaza | 1173 Queen St
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