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HIGHLIGHTS
- Heavy traffic count. On Main Street going through town in Entertainment District.
- Large space for bar, nightclub or offices.
- Landlord operates the Drive Thru connected to the property.
- Connection Restaurant is now open.
- Open Laundromat, Restaurant and Drive Thru.
- Many Retail and business possibilities.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,898 SF | 3-15 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $48,545 CAD/YR $4,045 CAD/MO | Plus All Utilities |
1st Floor
All on ground level. As is or Landlord build out. High traffic area.
- Listed lease rate plus proportional share of utilities
- Partially Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Near Market Grille, Coffee Peddlar, and more.
- On the corner of Park Ave and S State St
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 200 N STATE ST
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Drive Thru
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Drive Thru | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 2,898 SF | Gross Leasable Area | 6,365 SF |
| Property Type | Retail | Year Built | 1966 |
| Property Subtype | Restaurant | Parking Ratio | 2.2/1,000 SF |
| Total Space Available | 2,898 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,365 SF |
| Year Built | 1966 |
| Parking Ratio | 2.2/1,000 SF |
ABOUT THE PROPERTY
Prime Commercial Space for Lease in Downtown Dora District Exceptional leasing opportunity in a high-traffic area! This versatile property offers multiple business possibilities: Drive-Thru business that attracts a lot of traffic Conveniently connected to the building, Fully Operational Laundromat. Turnkey and open for business, providing a steady stream of customers. Restaurant Space leased and opening soon. Available former Bar & Entertainment Space (2,838 sq. ft.) Previously a large bar with pool tables, offering plenty of room for a nightlife venue, event space, or other creative uses. Located in the vibrant Dora District downtown, this property is available for lease at just $12 per sq. ft. Don't miss this incredible opportunity to establish your business in a prime location!Rare opportunity to move in and start up your own business. Very cooperative Landlord. Open and operating Laundromat, Restautrant and Drive Thru part of building. At one time this space was a Bar/Nightclub. All on ground floor.
- Corner Lot
- Restaurant
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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200 N State St | 200-204 N State St
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