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SUBLEASE HIGHLIGHTS
- Prime corner location on Main Street
- Heat Pumps in all units
- Heat included
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 205 | 527 SF | Negotiable | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $11,770 CAD/YR $980.87 CAD/MO | Modified Gross |
2nd Floor, Ste 205
Corner office in a highly visible location directly across from the Lockwood Hotel. Enjoy modern comfort with a heat pump for efficient heating and cooling. Heat, water, and sewer are included in rent. Ideal for professionals seeking a vibrant downtown presence.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fits 2 - 5 People
- Central Air and Heating
- Fully Carpeted
- Corner Space
- Corner Office
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 | 527 SF | Gross Leasable Area | 9,642 SF |
| Property Type | Retail | Year Built | 1936 |
| Property Subtype | Storefront |
| Total Space Available | 527 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 9,642 SF |
| Year Built | 1936 |
ABOUT THE PROPERTY
This prime location on the corner of Main Street and Silver Street is at the heart of all that is happening with Waterville's downtown revitalization! The property is located across the street from the Lockwood Hotel. Centrally located among other retail and restaurants, this space has great visibility.
NEARBY MAJOR RETAILERS
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36-44 Main St
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