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340 King St W 5,649 SF of Office Space Available in Kitchener, ON
HIGHLIGHTS
- Located n the heart of the innovation district.
- Public transit at the front door and minutes way from the 3 ION stations and future Transit Hub.
- DTK across from the new Gowlings Law Office.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 2 | 5,649 SF | 5-10 Years | $10.00 CAD/SF/YR $0.83 CAD/SF/MO $56,490 CAD/YR $4,708 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste 2
Large windows, easily demised. Ready for tenant build out, on site parking for 4 vehicles. 5,649 sq ft of Second floor office space ready for tenant's build outs. Clear span, large windows on 3 sides, elevator access, main floor private lobby, great signage opportunities, on site parking of 4 vehicles. In the heart of the innovation district, DTK across from the new Gowlings Law Office, public transit at the front door and minutes way from the 3 ION stations and future Transit Hub.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- Natural Light
- Outstanding Location
- Elevator access
- Large Windows
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 340 KING ST W, KITCHENER, ON
- LCBO
PROPERTY FACTS
| Total Space Available | 5,649 SF | Gross Leasable Area | 12,205 SF |
| Property Type | Retail | Year Built | 2019 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 5,649 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,205 SF |
| Year Built | 2019 |
ABOUT THE PROPERTY
Brand new construction above Downtown Kitchener's new LCBO store. 5,649 square feet of open space is ready for you to renovate to your needs. Accessed by a new elevator or exposed staircase, the ground-floor entrance provides an inviting entrance to your guests. Located at the west end of downtown Kitchener, you'll be in a rapidly-developing location surrounded by amenities and eateries perfect for client and staff meetings, as well as banking, law offices and a block away from Kitchener City Hall. This unit can be subdivided if you're looking for something smaller.
NEARBY MAJOR RETAILERS
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340 King St W
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