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115 King St 477 SF of Retail Space Available in Burford, ON N0E 1A0
HIGHLIGHTS
- Prime Location – Situated on King Street with great exposure and easy access.
- Zoning – HA-C4, allowing for a variety of commercial uses.
- Ample Parking – Street parking plus a nearby municipal lot for customer convenience.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 477 SF | 3-5 Years | $18.02 USD/SF/YR $1.50 USD/SF/MO $8,594 USD/YR $716.17 USD/MO | Full Service |
1st Floor
Great retail space on Burford’s main thoroughfare. Great exposure with both ample street and municipal free parking lot. Bright, open & clean retail floor plan with 2pc barrier free washroom. Rent is all inclusive, including utilities.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- All Inclusive Rent
- Bright, Open Retail Floor Plan
- Washroom
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 | 477 SF | Gross Leasable Area | 3,354 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 477 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,354 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Located on Burford’s main thoroughfare, this well-positioned commercial building offers excellent visibility and easy access for both pedestrians and vehicles. The building is two stories with no basement, and is connected to municipal water and sewer services for convenience. Exterior highlights include visual exposure and proximity to ample street and municipal parking, making it highly attractive for retail or office operations. Zoned HA-C4, the property supports a range of commercial applications.
NEARBY MAJOR RETAILERS
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115 King St
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