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255 King St N 1,858 SF of Office Space Available in Waterloo, ON N2J 4V2
Highlights
- Professional office suite located within an established four-storey office building.
- Ample visitor parking supports client and guest access.
- Convenient location on King Street North near University Avenue.
- Controlled-access on-site parking is included for tenants.
- Walkable access to a wide range of nearby amenities and services.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Unit 202 | 1,858 SF | Negotiable | $17.95 CAD/SF/YR $1.50 CAD/SF/MO $33,351 CAD/YR $2,779 CAD/MO | TBD |
1st Floor, Ste Unit 202
1,858 sq ft professional office unit. On site controlled access parking included as well as ample visitor parking. Walk to all your favorite amenities in the vibrant commercial node. Great access to all main arteries and public transit. (70830244)
- Fits 5 - 15 People
- 1,858 sq ft professional office unit
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 255 King St N, Waterloo, ON N2J 4V2
- Tenant
- Description
- CAN Locations
- Reach
- BMO
- Bank
- 1,109
- International
| Tenant | Description | CAN Locations | Reach |
| BMO | Bank | 1,109 | International |
Property Facts
| Total Space Available | 1,858 SF | Gross Leasable Area | 2,732 SF |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Bank | Parking Ratio | 5.49/1,000 SF |
| Total Space Available | 1,858 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 2,732 SF |
| Year Built | 1994 |
| Parking Ratio | 5.49/1,000 SF |
About the Property
Office unit located at 255 King Street North, Unit 202, Waterloo, Ontario, within a four-storey office building in the Beechwood/University area. The property contains 1,858 square feet and includes controlled-access tenant parking, visitor parking, access to public transit, and proximity to amenities along the King Street North and University Avenue corridor.
Nearby Major Retailers
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255 King St N
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