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Highlights

  • Standalone commercial building
  • High ceilings throughout
  • Dedicated parking lot for approximately 13 vehicles
  • High-traffic corner location
  • Over 120 feet of retail frontage
  • Grade-level loading door

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Basement, 1st Floor
  • 9,225 SF
  • Negotiable
  • $25.00 CAD/SF/YR $2.08 CAD/SF/MO $230,625 CAD/YR $19,219 CAD/MO
  • Triple Net (NNN)

The 2 spaces in this building must be leased together, for a total size of 9,225 SF (Contiguous Area):

Basement - 4,454 SF
1st Floor - 4,771 SF
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
30 Days

Unique opportunity to lease a standalone commercial building with dedicated parking lot at the high-traffic intersection of Hillside Ave and Quadra St in the heart of the Quadra Village neighbourhood. The subject premises benefits from high ceilings throughout, over 120ft of retail frontage, a dedicated parking lot capable of supporting approximately 13 vehicles, a grade-level loading door, and a bonus 4,454 sq. ft. basement. The building’s CVD-1 zoning allows for a wide variety of commercial uses, so don’t hesitate to reach out for more info or to line up a viewing.

  • Reception Area
  • Natural Light
  • Open-Plan
  • High ceilings throughout
  • Over 120ft of retail frontage
  • Grade-level loading door
  • Bonus basement
  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Fits 12 - 39 People
Space Size Term Rental Rate Rent Type
Basement, 1st Floor 9,225 SF Negotiable $25.00 CAD/SF/YR $2.08 CAD/SF/MO $230,625 CAD/YR $19,219 CAD/MO Triple Net (NNN)

Basement, 1st Floor

The 2 spaces in this building must be leased together, for a total size of 9,225 SF (Contiguous Area):

Size
Basement - 4,454 SF
1st Floor - 4,771 SF
Term
Negotiable
Rental Rate
$25.00 CAD/SF/YR $2.08 CAD/SF/MO $230,625 CAD/YR $19,219 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
30 Days

Unique opportunity to lease a standalone commercial building with dedicated parking lot at the high-traffic intersection of Hillside Ave and Quadra St in the heart of the Quadra Village neighbourhood. The subject premises benefits from high ceilings throughout, over 120ft of retail frontage, a dedicated parking lot capable of supporting approximately 13 vehicles, a grade-level loading door, and a bonus 4,454 sq. ft. basement. The building’s CVD-1 zoning allows for a wide variety of commercial uses, so don’t hesitate to reach out for more info or to line up a viewing.

  • Reception Area
  • Natural Light
  • Open-Plan
  • High ceilings throughout
  • Over 120ft of retail frontage
  • Grade-level loading door
  • Bonus basement
  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Fits 12 - 39 People

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 2695 Quadra St, Victoria, BC V8T 4E3

  • Tenant
  • Description
  • CAN Locations
  • Reach
  • Salvation Army
  • Other Services
  • 403
  • International
Tenant Description CAN Locations Reach
Salvation Army Other Services 403 International

Property Facts

Total Space Available 9,225 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 9,225 SF
Year Built 1974

About the Property

Situated less than 5 minutes from Victoria’s downtown core, Quadra Village benefits from close proximity to Victoria’s two primary traffic arterials, Blanshard St (Hwy 17) and Douglas St (Hwy 1). The village’s strong community atmosphere is the result of a combination of it’s central location, ample park space, and a great collection of local and national businesses including Café Fantastico, Part & Parcel, 5th Street Bar & Grill, Emmaline’s, Hero Sandwiches, Dance Victoria, Fairway Market, Cascadia Liquor, and more!

Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100

Nearby Major Retailers

Jazzercise
Tacotime
Scotiabank
Tim Hortons
CrossFit
No Frills
Royal Bank of Canada
Denny's
Citi
Toyota
  • Listing ID: 41842963

  • Date on Market: 2026-08-22

  • Last Updated:

  • Address: 2695 Quadra St, Victoria, BC V8T 4E3

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