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45 Sportsworld Dr 1,984 SF of Retail Space Available in Kitchener, ON N2P 2J5
HIGHLIGHTS
- Easily accessible by bus and highways
- Parking spots available for customers and employees
- Built out space with opportunity to reconfigure to suit your needs
- Vibrant and bustling environment with national and and local retailers and wide customer base
- Unique signage and branding opportunities available
- Ideal for many types of retail
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,984 SF | Negotiable | $33.00 CAD/SF/YR $2.75 CAD/SF/MO $65,472 CAD/YR $5,456 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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 45 SPORTSWORLD DR, KITCHENER, ON N2P 2J5
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Blinds To Go
- Home Accessories
- 44
- International
- Raywal Cabinets
- Kitchen/Dining Accessories
- 3
- Regional
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Blinds To Go | Home Accessories | 44 | International |
| Raywal Cabinets | Kitchen/Dining Accessories | 3 | Regional |
PROPERTY FACTS
| Total Space Available | 1,984 SF | Gross Leasable Area | 5,208 SF |
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Freestanding | Parking Ratio | 2.62/1,000 SF |
| Total Space Available | 1,984 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,208 SF |
| Year Built | 1996 |
| Parking Ratio | 2.62/1,000 SF |
ABOUT THE PROPERTY
45 Sportsworld Drive presents a premier retail opportunity in one of Kitchener’s most high-traffic and strategically positioned commercial corridors. Situated steps from the Sportsworld GO Station and just off Highway 401 and Highway 8, this location offers unparalleled connectivity to Kitchener, Cambridge, Waterloo, and beyond. Exceptional signage and branding visibility along a major arterial route make this an ideal space to grow your business.
- Bus Line
NEARBY MAJOR RETAILERS
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45 Sportsworld Dr
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