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323-327 King St E 4,197 SF of Retail Space Available in Hamilton, ON L8N 1C1
HIGHLIGHTS
- Located along Hamilton's busiest corridors
- Public transit (bus) across the street
- Signage opportunity
- Future LRT route
- Parking available
- Located next to many amenities, retail, and dining options
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste MAIN | 4,197 SF | 1-10 Years | $20.00 CAD/SF/YR $1.67 CAD/SF/MO $83,940 CAD/YR $6,995 CAD/MO | Full Service |
1st Floor, Ste MAIN
OPTION TO DIVIDE THE UNIT! 4197 square feet of prime retail space located on the future LRT route, and one of Hamilton's busiest corridors. Soaring ceilings and a beautiful glass facade fronting on King Street East. Included with the unit is a complementary, full basement, perfect for storage or additional space. Parking available. This is a gross lease, which includes TMI and utilities. Landlord is ready and willing to engage in buildout/ renovation discussions to make your vision a reality! Attractive D2 Zoning offers a wide range of uses.
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
- Private Restrooms
- Fully Carpeted
- High Ceilings
- Secure Storage
- Basement
- Hardwood Floors
- Option to divide space
- Large store front windows with ample natural light
- full basement
- Options for buildout and customization
- Prime retail opportunity
- Plenty of storage
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 323-327 KING ST E, HAMILTON, ON L8N 1C1
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Independent Dance Movement
- Educational Services
- 1
- -
- JJ Liquidation
- -
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Independent Dance Movement | Educational Services | 1 | - |
| JJ Liquidation | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,197 SF | Gross Leasable Area | 10,333 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 4,197 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 10,333 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Wellington St N. Located on the future LRT route, and one of Hamilton's busiest corridors.
- Bus Line
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
323-327 King St E
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