Description

1,857 s.f. retail space located in a 4 storey, new construction. Located in a dense sector (100,000 people in a 2km radius), surrounded by new and existing residential and commercial properties. Adjacent retailers include, a newly renovated IGA, Dollarama, Mcdonald's & Tim Hortons. This urban redevelopment site is meters away from the Frontenac Metro entrance, a regional recreation and community centre, many restaurants, banks, school, & gas stations. The space benefits from a high volume of vehicular traffic. No restaurants are possible.

Addendum

1,857 s.f. retail space located in a 4 storey, new construction. Located in a dense sector (100,000 people in a 2km radius), surrounded by new and existing residential and commercial properties.

Sublease for a term of 7 years, as follows:

$30/s.f net, for years 1-3 ($4,642.50 / month) $31/s.f net, for years 4 & 5 ($4,797.25 / month) $33/s.f net, for years 6 & 7 ($5,106.75 / month)

Additional rent for 2024 is $14.55/s.f ($10.50/s.f for Real Estate taxes + $4.05/s.f for operating expenses).

Landlord must approve the potential subtenant.

Adjacent retailers include, a newly renovated IGA, Dollarama, Mcdonald's & Tim Hortons.

This urban redevelopment site is meters away from the Frontenac Metro entrance, a regional recreation and community centre, many restaurants, banks, school, & gas stations.

The space benefits from a high volume of vehicular traffic. No restaurants are possible.

Description sheet

Features

Assessment, Taxes and Expenses