Your email has been sent.
1010 Government St 565 - 2,194 SF of Retail Space Available in Victoria, BC V8W 1X7
HIGHLIGHTS
- Close to nearby parks such as Reeson Park and Quadra Park.
- Around the corner from Black Ball Ferry Terminal (Canada - U.S.).
- Steps from Royal BC Museum, BC Legislature and the Fairmont Express Hotel.
- Next door to Inner Harbour.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1002 | 1,629 SF | Negotiable | $53.76 USD/SF/YR $4.48 USD/SF/MO $87,568 USD/YR $7,297 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste MEZZ | 565 SF | Negotiable | $17.92 USD/SF/YR $1.49 USD/SF/MO $10,124 USD/YR $843.67 USD/MO | Triple Net (NNN) |
1st Floor, Ste 1002
Colliers is pleased to present a a rare opportunity to secure space along Downtown Victoria’s most sought-after retail corridor.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 2,194 SF of adjacent space
1st Floor, Ste MEZZ
Colliers is pleased to present a a rare opportunity to secure space along Downtown Victoria’s most sought-after retail corridor. Located in an iconic heritage building on one of Government Street’s busiest blocks, the building was seismically upgraded and renovated to a first-class standard in the early 2000’s.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 2,194 SF of adjacent space
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 1010 GOVERNMENT ST, VICTORIA, BC V8W 1X7
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Chocolats Favoris
- Specialty Foods
- 55
- National
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Chocolats Favoris | Specialty Foods | 55 | National |
PROPERTY FACTS
| Total Space Available | 2,194 SF | Gross Leasable Area | 5,184 SF |
| Property Type | Retail | Year Built | 1957 |
| Property Subtype | Storefront Retail/Office | Cross Streets | Langley |
| Total Space Available | 2,194 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,184 SF |
| Year Built | 1957 |
| Cross Streets | Langley |
ABOUT THE PROPERTY
Located in an iconic heritage building on one of Government Street’s busiest blocks, the building was seismically upgraded and renovated to a first-class standard in the early 2000’s.
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
Presented by
1010 Government St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.