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1000-1016 King St E 1,006 SF of Retail Space Available in Hamilton, ON L8M 1E8
HIGHLIGHTS
- Corner unit.
- Direct street access.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,006 SF | 1-5 Years | $20.07 USD/SF/YR $1.67 USD/SF/MO $20,189 USD/YR $1,682 USD/MO | Triple Net (NNN) |
1st Floor
Prime corner retail space for lease - seize the opportunity to lease a high - visibility corner unit in the heart of Stipley, Central Hamilton. Previously operating as a coffee shop, this versatile space comes fully equipped with venting, making it ideal for a variety of retail or hospitality uses.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Central Air and Heating
- With strong foot traffic.
- Excellent street exposure.
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 1000-1016 KING ST E, HAMILTON, ON L8M 1E8
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Affordable Glass Repair
- Retailer
- 1
- -
- B & G Variety
- Retailer
- 1
- -
- LC Clinic
- -
- 1
- -
- Localcoin Bitcoin Atm - Ins Market
- -
- -
- -
- Super Marios 2 for 1 pizza & Wings
- -
- 1
- -
- The Narra Clinic
- Health Care
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Affordable Glass Repair | Retailer | 1 | - |
| B & G Variety | Retailer | 1 | - |
| LC Clinic | - | 1 | - |
| Localcoin Bitcoin Atm - Ins Market | - | - | - |
| Super Marios 2 for 1 pizza & Wings | - | 1 | - |
| The Narra Clinic | Health Care | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,006 SF | Gross Leasable Area | 17,082 SF |
| Property Type | Retail | Year Built | 1935 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.13/1,000 SF |
| Total Space Available | 1,006 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 17,082 SF |
| Year Built | 1935 |
| Parking Ratio | 0.13/1,000 SF |
ABOUT THE PROPERTY
With strong foot traffic, excellent street exposure and a vibrant surrounding community, just a 10 minute walk from Tim Hortons, FreshCo.
NEARBY MAJOR RETAILERS
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1000-1016 King St E
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