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1717 Bank St 995 - 2,024 SF of Retail Space Available in Ottawa, ON K1S 3Y2
HIGHLIGHTS
- Located at a busy intersection
- Between Heron and Alta Vista
- With unique tenants
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 1,029 SF | 1-10 Years | $23.23 USD/SF/YR $1.94 USD/SF/MO $23,900 USD/YR $1,992 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 995 SF | 1-10 Years | $23.23 USD/SF/YR $1.94 USD/SF/MO $23,110 USD/YR $1,926 USD/MO | Triple Net (NNN) |
1st Floor, Ste 2
1,070 sq' on front corner of mall on super busy section of Bank Street between Heron and Alta Vista. Full glass on 2 sides on the south west corner of the mall closest to Bank Street. Bare box ready for tenant improvements. Looking for a well established business to take advantage of this excellent site. Landlord does not want a business that is competing with the existing tenants (so no food sales, no hairdresser, no cash stop, no cell phone provider). This space is the parking lot side of what was previously part of Pizza Pizza who are now just on the north and west corner. $30/sq' base rent, plus appr $17/sq' CAM.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Anchor Space
- Corner Space
- Full glass on 2 sides
- No competing tenants
- Ample parking available on site
1st Floor, Ste 3
1,070 sq' on front corner of mall on super busy section of Bank Street between Heron and Alta Vista. Full glass on 2 sides on the south west corner of the mall closest to Bank Street. Bare box ready for tenant improvements. Looking for a well established business to take advantage of this excellent site. Landlord does not want a business that is competing with the existing tenants (so no food sales, no hairdresser, no cash stop, no cell phone provider). This space is the parking lot side of what was previously part of Pizza Pizza who are now just on the north and west corner. $30/sq' base rent, plus appr $17/sq' CAM.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Anchor Space
- Corner Space
- Full glass on 2 sides
- No competing tenants
- Ample parking available on site
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 | 2,024 SF | Gross Leasable Area | 6,115 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Freestanding | Parking Ratio | 4.42/1,000 SF |
| Total Space Available | 2,024 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,115 SF |
| Year Built | 1988 |
| Parking Ratio | 4.42/1,000 SF |
ABOUT THE PROPERTY
Located at a busy section of Bank Street between Heron and Alta Vista. Front unit with 2 full walls of windows facing south and west overlooking Bank Street. 1,029 sq feet in very busy retail location along Bank St near Alta Vista. 24 shared parking spaces. $32/sq' base rent, plus $19.83/sq' Tax and CAM. Escalation $1psf/yr.
- Pylon Sign
- Restaurant
- Security System
- Signage
NEARBY MAJOR RETAILERS
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1717 Bank St
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