3,483 SqFt
3,483 SqFt
Key Details
Property Type Commercial
Sub Type Retail,Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 3,483 sqft
MLS Listing ID 40678942
Abv Grd Liv Area 3,483
Originating Board Waterloo Region
Annual Tax Amount $17
Lot Size 5.779 Acres
Acres 5.779
Property Sub-Type Retail,Commercial
Property Description
*IMPORTANT* - This listing is being marketed at a reduced asking price to support the retail businesses that consider opening here with tiered rent structure while the master planned development is taking place. Current asking net rent is $14.00 - $16.00 / sq ft.(2025-2027) Once Phase 2 of the project is completed, (2028-2029) the net will escalate to $26.00-$28.00 /sq ft. Upon the full project completion, (2030+) net rents will set up to a fair market rate of $40.00 - $42.00 / sq ft.
Location
State ON
County Waterloo
Area 3 - Kitchener West
Zoning Commercial
Direction Wellington St/ King St
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Garage No
Building
Lot Description Other
Faces Wellington St/ King St
Story 18
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 18
New Construction No
Others
Senior Community false
Tax ID 237540790
Ownership Freehold/None
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