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228 Queen St W 1,404 - 4,555 SF of Retail Space Available in Toronto, ON M5V 1Z6
HIGHLIGHTS
- Heavy daytime traffic
- Heavy foot traffic
- Lots of natural light
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 1,404 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 1,684 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 2nd Floor | 1,467 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
Basement
Take advantage of this rare 2 floor opportunity at Queen & University, this offering allows for a wide variety of uses across both the ground floor & second floor mezzanine. This unit has a 1,404 sq. ft. basement, 20ft frontage on Queen West and 3 parking sport at the rear of the building, the property is well located on the north side of Queen Street West just west of McCaul Street in the centre of the Historic "Queen West" neighborhood, one of Canada's busiest retail nodes featuring national amd retail tenants like Starbucks, Subway, Scotiabank, Chipotle,Chick-fil-a.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,555 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Great Retail space.
1st Floor
Take advantage of this rare 2 floor opportunity at Queen & University, this offering allows for a wide variety of uses across both the ground floor & second floor mezzanine. This unit has a 1,404 sq. ft. basement, 20ft frontage on Queen West and 3 parking sport at the rear of the building, the property is well located on the north side of Queen Street West just west of McCaul Street in the centre of the Historic "Queen West" neighborhood, one of Canada's busiest retail nodes featuring national amd retail tenants like Starbucks, Subway, Scotiabank, Chipotle,Chick-fil-a.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,555 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Great Retail space.
2nd Floor
Take advantage of this rare 2 floor opportunity at Queen & University, this offering allows for a wide variety of uses across both the ground floor & second floor mezzanine. This unit has a 1,404 sq. ft. basement, 20ft frontage on Queen West and 3 parking sport at the rear of the building, the property is well located on the north side of Queen Street West just west of McCaul Street in the centre of the Historic "Queen West" neighborhood, one of Canada's busiest retail nodes featuring national amd retail tenants like Starbucks, Subway, Scotiabank, Chipotle,Chick-fil-a.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,555 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Great Retail 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.
PROPERTY FACTS
| Total Space Available | 4,555 SF | Gross Leasable Area | 4,555 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Storefront | Parking Ratio | 0.66/1,000 SF |
| Total Space Available | 4,555 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,555 SF |
| Year Built | 1988 |
| Parking Ratio | 0.66/1,000 SF |
ABOUT THE PROPERTY
Located in the historic Queen West neighborhood, this high-profile corner enjoys substantial daily foot and vehicle traffic.
- Bus Line
- Commuter Rail
- Metro/Subway
- Signage
NEARBY MAJOR RETAILERS
CONTACTS
-
Adam Occhipinti -
Nicholas Regan -
Matthew Pieszchala -
Karlyn Knafo -
Arlin Markowitz -
Jackson Turner -
CBRE
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228 Queen St W
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