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Stores 8-14A 1550 Upper James St 3,335 SF of Office Space Available in Hamilton, ON L9B 2L6
HIGHLIGHTS
- located in the centre of the Hamilton Mountain commercial node
- High exposure
- professionally managed by Riocan, tenants include; Fortinos, Goodlife, CIBC, Scotiabank, Government offices.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 200D | 3,335 SF | 1-5 Years | $7.26 USD/SF/YR $0.60 USD/SF/MO $24,196 USD/YR $2,016 USD/MO | Triple Net (NNN) |
2nd Floor, Ste 200D
Located at the intersection of Upper James Street & Rymal Road West in Hamilton, this grocery-anchored centre offers 35 units totalling 298,527 sq. ft featuring major retailers such as Fortino's, Goodlife Fitness and Fabricland.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
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 | 3,335 SF | Total Land Area | 7.89 AC |
| Property Type | Retail | Year Built | 1992 |
| Gross Leasable Area | 138,388 SF | Parking Ratio | 0.33/1,000 SF |
| Total Space Available | 3,335 SF |
| Property Type | Retail |
| Gross Leasable Area | 138,388 SF |
| Total Land Area | 7.89 AC |
| Year Built | 1992 |
| Parking Ratio | 0.33/1,000 SF |
ABOUT THE PROPERTY
Professional office space available from 1,600 sf to 16,000 sf, property located in the centre of the Hamilton Mountain commercial node, professionally managed by Riocan, tenants include; Fortinos, Goodlife, CIBC, Scotiabank, Government offices.
- Bus Line
- Security System
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Stores 8-14A | 1550 Upper James St
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