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14 Glassey Pl 732 SF of Retail Space Available in Spence, ACT 2615
Highlights
- Located within a well-established neighborhood shopping center
- Surrounded by complementary retail and service-based tenants
- Direct access to on-grade customer parking at shopfront
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 2 | 732 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste 2
Shop 2 at 14 Glassey Place presents a 68 m² ground-floor tenancy positioned within the tightly held Spence local shopping precinct. The tenancy offers a practical, easily adaptable layout suitable for a wide range of community-focused uses such as retail, professional services, or specialty operations. With excellent visibility and high on-grade customer parking directly at the entrance, the property supports seamless convenience for patrons. Located alongside established operators including Spence Pharmacy, Evoke Bakery, and Spence Grocer, the tenancy benefits from consistent daily foot traffic anchored by a complementary retail mix. Direct access to public transport and proximity to major surrounding residential areas enhances its accessibility for customers and staff alike. Its position within a strong neighborhood hub ensures both long-term stability and local market relevance, making this space ideal for businesses seeking affordability coupled with reliable trading conditions.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Display Window
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 | 732 SF | Gross Leasable Area | 10,086 SF |
| Property Type | Retail |
| Total Space Available | 732 SF |
| Property Type | Retail |
| Gross Leasable Area | 10,086 SF |
About the Property
14 Glassey Place forms part of the Spence Local Centre, a community-oriented retail destination located in Canberra’s northwestern district within the Belconnen region. The center features an arrangement of neighborhood service operators designed to support surrounding residential catchments. Anchored by a grocery operator and complemented by service retail tenants, the property sustains steady daily patronage. Ample on-grade parking facilitates convenience for visitors, while public bus services enhance connectivity to neighboring suburbs. Land use in the immediate area predominantly comprises low-density residential housing, reinforcing the center’s role as a primary convenience retail node.
- 24 Hour Access
- Air Conditioning
Presented by
14 Glassey Pl
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