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14 Norfolk St S 1,507 SF of Retail Space Available in Simcoe, ON N3Y 2V9
HIGHLIGHTS
- .Located in the heart of Simcoes bustling downtown
- With ample nearby parking and easy accessibility
- Positioned amidst a lively mix of local businesses, restaurants, and essential services, this property is poised to attract a loyal customer base.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste upper | 1,507 SF | 1-10 Years | $10.27 USD/SF/YR $0.86 USD/SF/MO $15,470 USD/YR $1,289 USD/MO | Triple Net (NNN) |
2nd Floor, Ste upper
An incredible leasing opportunity awaits at 14 Norfolk Street South, Simcoe, ON. This open-concept upper unit offers a versatile space ideal for offices, creative studios, or boutique businesses.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 | 1,507 SF | Gross Leasable Area | 6,028 SF |
| Property Type | Retail | Year Built | 1880 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,507 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,028 SF |
| Year Built | 1880 |
ABOUT THE PROPERTY
Unlock the potential of your culinary vision at 14 Norfolk Street South in Simcoe, ON. This versatile property is perfectly suited for food-based businesses such as burger joints, shawarma spots, or other casual dining concepts. Featuring a spacious main floor and a functional basement, it provides ample room for dining, kitchen facilities, and storage.Located in the heart of Simcoes bustling downtown, this high-visibility property guarantees excellent exposure and steady foot traffic. With ample nearby parking and easy accessibility, its convenient for dine-in customers, takeout orders, and delivery operations.Positioned amidst a lively mix of local businesses, restaurants, and essential services, this property is poised to attract a loyal customer base. Zoned for a variety of commercial uses, it offers competitive lease terms, making it the perfect spot to launch or expand your food business. Dont miss this opportunity to establish your restaurant in one of Simcoes most sought-after commercial locations!
NEARBY MAJOR RETAILERS
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14 Norfolk St S
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