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The Parliament Mews Shopping Centre 230 Menzies St 3,984 SF of Retail Space Available in Victoria, BC V8V 2G7
HIGHLIGHTS
- Freight lift and loading dock accessible off the parking lot
- Open floor plan
- Central location
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level, Ste 22 | 3,984 SF | 1-10 Years | $12.00 CAD/SF/YR $1.00 CAD/SF/MO $47,808 CAD/YR $3,984 CAD/MO | Triple Net (NNN) |
Lower Level, Ste 22
Parliament Mews Shopping Centre is located in the heart of James Bay at the intersection of Menzies and Simcoe Streets. This is the major commercial hub for the neighbourhood and Parliament Mews is on the NW Corner across from Thrifty Foods. Anchor tenants include the Bank of Montreal, Pharmasave, a medical clinic and a brand new Great Canadian Dollar Store.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- High Ceilings
- Central location
- Signage
- Dock Loading
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 THE PARLIAMENT MEWS SHOPPING CENTRE
- BMO Bank of Montreal
- Great Canadian Dollar Store
- James Bay Foot Dr
- Pharmasave
- Profiles Picture Framing
PROPERTY FACTS
| Total Space Available | 3,984 SF | Year Built | 2000 |
| Property Type | Retail | Parking Ratio | 4.62/1,000 SF |
| Gross Leasable Area | 8,000 SF | Cross Streets | Simcoe |
| Total Space Available | 3,984 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,000 SF |
| Year Built | 2000 |
| Parking Ratio | 4.62/1,000 SF |
| Cross Streets | Simcoe |
ABOUT THE PROPERTY
The Parliament Mews Shopping Centre is located in the heartof James Bay, at the major commercial hub, on the NW corner of Menzies and Simcoe Streets, across from Thrifty Foods. The anchor tenants at the shopping centre include the Bank of Montreal, Pharmasave and a brand new Great Canadian Dollar Store.
NEARBY MAJOR RETAILERS
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The Parliament Mews Shopping Centre | 230 Menzies St
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