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259 King St W 750 - 1,950 SF of Office Space Available in Kitchener, ON N2G 1B1
Highlights
- Prime downtown Kitchener opportunity on King Street W
- New paint and flooring to be provided by the Landlord
- Free two hour street parking and potential for parking at rear of building
- Many uses allowed including office, retail, professional services and others
- Over 2,500 condo units within walking distance and 18,000 employees in downtown by 2023
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 204 | 750 SF | 1-5 Years | $13.20 USD/SF/YR $1.10 USD/SF/MO $9,900 USD/YR $825.03 USD/MO | Full Service | ||
| 2nd Floor, Ste 206 | 1,200 SF | 1-5 Years | $18.23 USD/SF/YR $1.52 USD/SF/MO $21,879 USD/YR $1,823 USD/MO | Full Service |
2nd Floor, Ste 204
Prime downtown Kitchener office opportunity on King Street W. Over 2,500 condo units within walking distance and 18,000 employees in downtown Kitchener by 2023. Free two hour street parking and potential for parking at rear of building
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 7 - 22 People
2nd Floor, Ste 206
Prime downtown Kitchener office opportunity on King Street W. $2, 500 gross per month.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 3 - 10 People
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 | 1,950 SF | Gross Leasable Area | 15,028 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,950 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,028 SF |
| Year Built | 1980 |
About the Property
Prime downtown Kitchener office opportunity on King Street W.
- Bus Line
Nearby Major Retailers
Presented by
259 King St W
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