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SmartCentres Kitchener Laurentian Mall 245 Strasburg Rd 116,000 SF of Retail Space Available in Kitchener, ON N2E 3W7
HIGHLIGHTS
- Customizable spaces in a rare large block ranging from 21,000 to 150,000 SF ready for office, flex office, retail, and institutional uses.
- Ideally located in a vibrant retail hub surrounded by residential neighbourhoods. Steps to Zehrs, Lowe’s, Tim Horton's, and Montana’s.
- Rare large block can be used for industrial or warehouse space.
- Exceptional visibility with building and pylon signage visible to Conestoga Pkwy and Ottawa Street serving a combined +145,000 drivers each day.
- Transit connected destination with direct access to Conestoga Pkwy/Hwy 7/8, abundant parking, on-site bus stops, and three kilometres to Kitchener GO.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 116,000 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
245 Strasburg Rd - 1st Floor - Ste 1
SmartCentres Kitchener is easily accessible and visible from high-traffic Conestoga Parkway. The property includes a Staples, CIBC and EB Games, and is adjacent to Lowe’s and Zehrs Markets.
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
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 | 116,000 SF | Frontage | |
| Center Type | Power Center | Gross Leasable Area | 435,537 SF |
| Parking | 1590 Spaces | Total Land Area | 34.21 AC |
| Stores | 5 | Year Built | 2002 |
| Center Properties | 5 |
| Total Space Available | 116,000 SF |
| Center Type | Power Center |
| Parking | 1590 Spaces |
| Stores | 5 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 435,537 SF |
| Total Land Area | 34.21 AC |
| Year Built | 2002 |
ABOUT THE PROPERTY
Centrally located in the thriving Kitchener market, SmartCentres Laurentian Mall is a prominent destination offering mixed-use opportunities at 245 Strasburg Road. The 14-acre site features a rare large block ideal for office, flex office, retail, or industrial/institutional uses with customizable space ranging from 21,000 to 150,000 square feet. With a flexible landlord willing to work with tenants on the future vision of the building and space, businesses can custom design their suites to meet their needs. Located in amenity-rich Kitchener, Laurentian Mall is at the core of the flourishing retail hub with Zehrs, Lowe's, Tim Horton's, and Montana's adjacent. SmartCentres Laurentian Mall is just three kilometres from Sunrise Shopping Centre, four kilometres from Evergreen Mall, and five kilometres from Fairview Park Mall. Laurentian Mall is perfectly positioned with frontage on Conestoga Parkway/Highway 7/8 and pylon signage on Ottawa Street, offering visibility to over 145,000 daily drivers. This strategic location affords the property easy accessibility with direct access off Conestoga Parkway at the Homer Watson Boulevard interchange, multiple on-site bus stops, ample parking, and three kilometres to the Kitchener GO train station.
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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SmartCentres Kitchener Laurentian Mall | 245 Strasburg Rd
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