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259-265 Princess St 1,956 - 4,122 SF of Retail Space Available in Kingston, ON K7L 1B4
Highlights
- Surrounded by popular fashion retailers, coffee shops, and restaurants
- In the heart of Downtown Kingston
- Steps away from public transit stops
- Ability to Combine Unit A and Unit B for 4,122 SF
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 1,956 SF | 5-10 Years | $35.00 CAD/SF/YR $2.92 CAD/SF/MO $68,460 CAD/YR $5,705 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste B | 2,166 SF | 5-10 Years | $35.00 CAD/SF/YR $2.92 CAD/SF/MO $75,810 CAD/YR $6,318 CAD/MO | Triple Net (NNN) |
1st Floor, Ste A
Exceptional retail space along Princess Street in the heart of downtown Kingston. This high-visibility location offers excellent frontage in a vibrant retail corridor, surrounded by popular fashion retailers, coffee shops, and restaurants. Well suited for a variety of retail uses including food & beverage.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,122 SF of adjacent space
- Central Air Conditioning
- Highly visible store front windows
- Excellent retail space
- Signage opportunity
1st Floor, Ste B
Exceptional retail space along Princess Street in the heart of downtown Kingston. This high-visibility location offers excellent frontage in a vibrant retail corridor, surrounded by popular fashion retailers, coffee shops, and restaurants. Well suited for a variety of retail uses including food & beverage.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,122 SF of adjacent space
- Central Air Conditioning
- Exceptional retail space
- High exposure store front windows
- Signage opportunity
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 | 4,122 SF | Gross Leasable Area | 8,175 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 4,122 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,175 SF |
| Year Built | 1998 |
About the Property
Located in the heart of downtown Kingston, 259-263 Princess Street offers an exceptional retail opportunity in a shopping destination. Previously occupied by Indigo, this prime space is surrounded by top-tier national and independent retailers, benefiting from strong foot traffic and a vibrant downtown atmosphere. Multiple retail units available, with the flexibility to combine two spaces for a larger footprint. With excellent frontage along Princess Street, this location is ideal for a variety of retail uses.
Nearby Major Retailers
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259-265 Princess St
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