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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,600 SF | Negotiable | $5.43 CAD/SF/YR $0.45 CAD/SF/MO $24,979 CAD/YR $2,082 CAD/MO | Modified Gross |
1st Floor
$1,490/month modified gross
- Listed rate may not include certain utilities, building services and property expenses
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 | 4,600 SF | Gross Leasable Area | 7,400 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,400 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
Prime commercial opportunity in the heart of Vandergrift! 152 Grant Ave is a versatile commercial space offers high visibility in a charming business district. Formerly a sprawling bank, the space features a welcoming storefront with massive display windows, and flexible interior space perfect for retail, professional services, or creative use in the C2 zoning district. A unique highlight is the impressive vault on the main floor—ideal for secure storage or a standout design feature—plus a second vault in the basement. With approx. 4,600 SF on the main level and an additional approx. 2,800 SF in the useable basement, private offices, rear access for deliveries, and off-street parking, this property is ready for your next venture! Ample on-street parking, close to local shops and eateries, and easy access to major routes make this an ideal location for entrepreneurs and established businesses alike. Don't miss the chance to lease a piece of Vandergrift’s growing commercial landscape! $1,490 base rent per month, modified gross lease. Op Ex, Utilities, and additional building information and specs available. Virtual tour here: https://my.matterport.com/show/?m=x4DzT9kar53&mls=1&ts=1
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152 Grant Ave
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