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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 34,740 SF | 10 Years | $26.51 CAD/SF/YR $2.21 CAD/SF/MO $920,906 CAD/YR $76,742 CAD/MO | Triple Net (NNN) |
1st Floor
The dealership comprises three well-maintained buildings, and a guard house. The main building features a showroom with customer waiting area, service bays, restrooms, and private offices. The second is a high-capacity auto service facility with a floor plan that includes service bays as well as office spaces., while the third is a retail building currently in shell condition. The flood-proof site includes engineered drainage, a retention pond, 277 customer parking spaces, and outdoor storage for over 1,000 inventory vehicles. The property is fully equipped with Wi-Fi coverage, dedicated generators for each major building, and a comprehensive outdoor security system ensuring full surveillance and safety. The dealership’s furniture, fixtures, and equipment, valued at approximately $300,000, include two key machines and are all in excellent condition, with no repairs or replacements needed.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 87 - 278 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.
PROPERTY FACTS
| Total Space Available | 34,740 SF | Gross Leasable Area | 34,740 SF |
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Auto Dealership | Parking Ratio | 1.64/1,000 SF |
| Total Space Available | 34,740 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 34,740 SF |
| Year Built | 2021 |
| Parking Ratio | 1.64/1,000 SF |
ABOUT THE PROPERTY
3 UNITS • Hanna Cars Building: 13,500 sq. ft. with a 5,280 sq. ft. canopy • Auto Service Building: 18,320 sq. ft. • VinFast Building: 2,920 sq. ft. • Showroom: 4 cars • Lot: 277 parking spots, along with outdoor storage capacity for over 1,000 inventory vehicles. • Zoning: GC (General Commercial District) - Legally conforming with permitted uses including retail, services, vehicle sales/rentals/leasing, and mixed-use. Zoning change is unlikely.
- Air Conditioning
NEARBY MAJOR RETAILERS
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3220 14th Street West st
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