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HIGHLIGHTS
- King Street location offering easy access to shops, restaurants and public transportation
- This historic building housed the Musashiya fabric store where the first aloha shirt was created and marketed in 1935
- Multiple storefronts on the ground level facing N King and River Streets
- Excellent Street visibility
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 179 N King | 1,350 SF | Negotiable | $63.65 CAD/SF/YR $5.30 CAD/SF/MO $85,933 CAD/YR $7,161 CAD/MO | Full Service | ||
| 1st Floor, Ste 935 River | 447 SF | Negotiable | $63.65 CAD/SF/YR $5.30 CAD/SF/MO $28,453 CAD/YR $2,371 CAD/MO | Full Service | ||
| 2nd Floor, Ste 220/230 | 1,346 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $33,820 CAD/YR $2,818 CAD/MO | Full Service |
1st Floor, Ste 179 N King
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 4 - 11 People
1st Floor, Ste 935 River
Ground Floor
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 2 - 4 People
2nd Floor, Ste 220/230
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 4 - 11 People
- 2nd Floor Office
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 179 N King | 1,350 SF | Negotiable | $63.65 CAD/SF/YR $5.30 CAD/SF/MO $85,933 CAD/YR $7,161 CAD/MO | Full Service | ||
| 1st Floor, Ste 935 River | 447 SF | Negotiable | $63.65 CAD/SF/YR $5.30 CAD/SF/MO $28,453 CAD/YR $2,371 CAD/MO | Full Service | ||
| 2nd Floor, Ste 210 | 353 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $8,870 CAD/YR $739.14 CAD/MO | Full Service | ||
| 2nd Floor, Ste 220/230 | 1,346 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $33,820 CAD/YR $2,818 CAD/MO | Full Service | ||
| 2nd Floor, Ste 240 | 760 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $19,096 CAD/YR $1,591 CAD/MO | Full Service | ||
| 2nd Floor, Ste 270 | 803 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $20,177 CAD/YR $1,681 CAD/MO | Full Service |
1st Floor, Ste 179 N King
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 4 - 11 People
1st Floor, Ste 935 River
Ground Floor
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 2 - 4 People
2nd Floor, Ste 210
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 1 - 3 People
2nd Floor, Ste 220/230
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 4 - 11 People
- 2nd Floor Office
2nd Floor, Ste 240
2nd Floor Office
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 2 - 7 People
- 2nd Floor Office
2nd Floor, Ste 270
2nd Floor Office
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 7 People
- 2nd Floor 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 | 5,059 SF | Gross Leasable Area | 14,240 SF |
| Property Type | Retail | Year Built/Renovated | 1905/1985 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 5,059 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,240 SF |
| Year Built/Renovated | 1905/1985 |
ABOUT THE PROPERTY
The Armstrong Building is a two-story bluestone lava rock building with multiple storefronts on the corner of River Street and North King Street. It offers easy access to shops, restaurants and public transportation. Built in 1905, this historic building was authentically restored with a beautiful hidden courtyard.
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
Presented by
Armstrong Building | 939-941 River St
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