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1672-1696 Douglas St 1,024 SF of Retail Space Available in Victoria, BC V8W 2G6
Highlights
- Efficient 1,014 SF ground-floor commercial unit with an existing restaurant build-out, including hood and grease trap.
- Prominent signage opportunities facing Douglas Street enhance brand exposure.
- Extensive floor-to-ceiling glazing provides abundant natural light and excellent visibility.
- Functional layout with strong street presence and exceptional exposure to surrounding pedestrian and vehicle traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1692 | 1,024 SF | Negotiable | $35.00 CAD/SF/YR $2.92 CAD/SF/MO $35,840 CAD/YR $2,987 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1692
Fantastic fixtured restaurant space on Douglas Street. Located in a vibrant area of the downtown core that is enjoying substantial growth as multiple residential developments are under way. This block of Douglas Street enjoys great exposure to both strong vehicle and pedestrian counts.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
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 1672-1696 Douglas St, Victoria, BC V8W 2G6
- Tenant
- Description
- CAN Locations
- Reach
- Cozy Place Restaurant
- Restaurant
- 1
- -
- Empire Tattoo
- Services
- 1
- -
- Grant Thornton LLP
- Acctg/Tax Prep
- 26
- International
- Green Leaf Vietnamese Bistro
- Restaurant
- 1
- -
- H&R Block
- Acctg/Tax Prep
- 752
- International
- Sura the King's Meal
- Restaurant
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Cozy Place Restaurant | Restaurant | 1 | - |
| Empire Tattoo | Services | 1 | - |
| Grant Thornton LLP | Acctg/Tax Prep | 26 | International |
| Green Leaf Vietnamese Bistro | Restaurant | 1 | - |
| H&R Block | Acctg/Tax Prep | 752 | International |
| Sura the King's Meal | Restaurant | 1 | - |
Property Facts
| Total Space Available | 1,024 SF | Year Built | 1990 |
| Property Type | Retail | Cross Streets | Fisgard St. |
| Gross Leasable Area | 25,573 SF |
| Total Space Available | 1,024 SF |
| Property Type | Retail |
| Gross Leasable Area | 25,573 SF |
| Year Built | 1990 |
| Cross Streets | Fisgard St. |
Features and Amenities
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
1672-1696 Douglas St
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