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HIGHLIGHTS
- Located in the heart of Scott's Addition
- Office or Flex Space and Street Retail Walk-Up Concept? Bring your ideas!
- Great location!!!!! 1000's of apartment units in the works near the property!
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000 SF | Negotiable | $27.51 CAD/SF/YR $2.29 CAD/SF/MO $27,512 CAD/YR $2,293 CAD/MO | Modified Gross | ||
| 2nd Floor | 1,200 SF | Negotiable | $20.63 CAD/SF/YR $1.72 CAD/SF/MO $24,761 CAD/YR $2,063 CAD/MO | Modified Gross |
1st Floor
We also have a first floor former garage and workshop that we think would make ideal Retail or "Grab and Go" or a street retail window and the like. The first floor " Street Retail" walk-up will lease as a function of Tenant Improvements and space. Bring your ideas!
- Listed rate may not include certain utilities, building services and property expenses
- Space In Need of Renovation
2nd Floor
2nd floor office or flex space for lease.
- Listed rate may not include certain utilities, building services and property expenses
- 6 Private Offices
- 8 Workstations
- City Views
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 | 2,200 SF | Year Built | 1948 |
| Property Type | Retail | Parking Ratio | 3.92/1,000 SF |
| Property Subtype | Freestanding | Cross Streets | Mactavish |
| Gross Leasable Area | 14,220 SF |
| Total Space Available | 2,200 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 14,220 SF |
| Year Built | 1948 |
| Parking Ratio | 3.92/1,000 SF |
| Cross Streets | Mactavish |
ABOUT THE PROPERTY
NAI is pleased to market 2 spaces on Norfolk Street in the heart of Scott's Addition. We have second floor Office or Flex/Studio space at the rear of the building with private stair entrance and parking. Ideal for law firm or architecture group. The space also offers 5-7 offices and workstations. We also have a first-floor former garage and workshop that would make ideal retail or "grab and go" or a street retail window. Asking rate for the office space is $15.00 PSF. The first floor "street retail" walk-up will lease as a function of tenant improvements and space. Bring your ideas!
- 24 Hour Access
NEARBY MAJOR RETAILERS
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Southern Autotronics | 3300 Norfolk St
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