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233 Armstrong St 1,700 SF of Retail Space Available in Ottawa, ON K1Y 1B4
SUBLEASE HIGHLIGHTS
- This bright corner unit features large display windows that fill the space with natural light, creating an inviting atmosphere.
- The location offers one hour of free on-site parking, with additional free parking available nearby for added convenience.
- Prominent signage opportunities provide excellent visibility and exposure for your business on a busy corner lot.
- Lease runs until June 20, 2027, with the landlord open to an extension, at an asking rate of $3,500 per month plus heat, hydro, and HST.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,700 SF | Jun 2027 | $24.70 CAD/SF/YR $2.06 CAD/SF/MO $41,990 CAD/YR $3,499 CAD/MO | Modified Gross |
1st Floor, Ste B
This bright and spacious corner unit offers exceptional visibility and natural light with large display windows, making it ideal for retail, studio, or professional office use. The space features prominent signage opportunities to attract both vehicle and foot traffic, creating strong exposure for your business. Conveniently located, the property offers one hour of free on-site parking as well as additional free parking nearby. The current lease runs until June 20, 2027, with the landlord open to an extension. Asking rent is $3,500 per month plus heat, hydro, and HST — a fantastic opportunity to secure a high-exposure location in a thriving area.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
- High Ceilings
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 | 1,700 SF | Gross Leasable Area | 7,827 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront | Parking Ratio | 0.38/1,000 SF |
| Total Space Available | 1,700 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 7,827 SF |
| Year Built | 1950 |
| Parking Ratio | 0.38/1,000 SF |
ABOUT THE PROPERTY
This bright and inviting corner unit offers excellent visibility with expansive display windows that flood the space with natural light — perfect for showcasing products or creating an inspiring workspace. Positioned on a high-exposure corner lot, the property provides prime signage opportunities to maximize your business presence.
NEARBY MAJOR RETAILERS
Presented by
John Zagerman Real Estate Services Ltd
233 Armstrong St
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